Loan Officer Jobs in Melville, NY

A Loan Officer plays a pivotal role in the banking industry, as they are primarily responsible for evaluating, authorizing, and recommending approval of loan applications for individuals and businesses. They mostly serve as intermediaries between lending institutions and borrowers. They review loan applications to determine the borrower's ability to repay the loan, assess and mitigate potential risks, and guide clients through the application process until the loan is approved and disbursed. Therefore, they assist the banking industry in maintaining a solid client base and promoting financial products and services.

Loan Officers must possess a blend of analytical and interpersonal skills. The ability to analyze financial data to assess the likelihood of a borrower repaying their loan is critical. Additionally, strong communication and customer service skills are needed to explain complex information to clients and build strong relationships. Relevant certification, such as the Mortgage Loan Officer (MLO) license, is often required. Prior roles that may pave the way for a career as a Loan Officer include roles such as Loan Processor, Financial Analyst, or Credit Analyst. These roles provide the necessary experience and understanding of financial products, lending procedures, and risk assessment necessary for a Loan Officer's role.

1-15 of 37 Jobs

Loan Officer-ResLending

  • Melville, NY
  • 2 days ago
  • Melville, NY
  • 2 days ago

Specifically, the Loan Officer will help individuals and businesses to obtain funding....

Financial Services Representative (Collections) Law Firm Experience Required

  • Woodbury, NY (4 miles from Melville, NY)
  • 2 days ago
  • Woodbury, NY (4 miles from Melville, NY)
  • 2 days ago

Overview Kaufman Dolowich, recognized by U.S. News as one of the Best Companies to Work For Law Firms, for a second consecutive year is seeking an enthusiastic and detail-oriented Financial...

Risk Management - Lead Credit Officer - Vice President

  • Uniondale, NY (11 miles from Melville, NY)
  • 4 days ago
  • Uniondale, NY (11 miles from Melville, NY)
  • 4 days ago

Required Qualifications, Capabilities, and Skills: Minimum 7+ years of experience in commercial real estate lending, credit analysis, or loan workouts....

Risk Management - Loan Review Credit Officer - Associate

  • Uniondale, NY (11 miles from Melville, NY)
  • 8 days ago
  • Uniondale, NY (11 miles from Melville, NY)
  • 8 days ago

Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a...

Financial Services Representative

  • New Hyde Park, NY (14 miles from Melville, NY)
  • 12 days ago
  • New Hyde Park, NY (14 miles from Melville, NY)
  • 12 days ago

Job Description Advises and counsels admitted patients of financial responsibility and self-payments. Processes payments, issues patient receipts, and maintains collection log. Job Responsibility...

Loan Officer Indirect Lending

  • Hauppauge, NY (12 miles from Melville, NY)
  • 14 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 14 days ago

Minimum 2 years underwriting experience Level 2 Loan Officer Authority Strong understanding of loan contracts including APR, amortization schedule and simple interest calculations Knowledge of credit...

Loan Officer Direct Lending

  • Hauppauge, NY (12 miles from Melville, NY)
  • 14 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 14 days ago

Assists branch personnel, Consumer Loan Processors and Analysts, in an underwriting capacity, as needed during normal business hours....

Commercial Loan Officer

  • Norwalk, CT (23 miles from Melville, NY)
  • 18 days ago
  • Norwalk, CT (23 miles from Melville, NY)
  • 18 days ago

Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....

Group Credit Officer

  • Greenwich, CT (21 miles from Melville, NY)
  • 19 days ago
  • Greenwich, CT (21 miles from Melville, NY)
  • 19 days ago

Daily monitoring of credit exposures in various parts of the company's businesses, including securities lending, foreign exchange and banking....

Lending Officer

  • Garden City Park, NY (14 miles from Melville, NY)
  • 22 days ago
  • Garden City Park, NY (14 miles from Melville, NY)
  • 22 days ago

to Regulation B (ECOA), C (HMDA), G (S.A.F.E)Act, X (RESPA), and Z This position is subject to the Dodd-Frank Truth in Lending Act qualification requirements for Loan Originators and requires successful...

Financial Services Representative II - Western Region

  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago

can successfully obtain a notary commission in the state where you work within six months of starting in the role required Banking products, cross-selling, member onboarding, new account openings, retail...

Financial Services Representative - Western Region

  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago

Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes...

Senior Financial Services Representative - Eastern Region

  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago

The key functions of the role are centered on managing a book of business and supporting members with specialized needs which is inclusive of Consumer, Small Business and Lending services to help drive...

Senior Financial Services Representative - Western Region

  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago

The key functions of the role are centered on managing a book of business and supporting members with specialized needs which is inclusive of Consumer, Small Business and Lending services to help drive...

Financial Services Representative - Central Region

  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago
  • Hauppauge, NY (12 miles from Melville, NY)
  • 26 days ago

Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes...

Demographic Data for Melville, NY

Moving to Melville, NY? Find some basic demographic data about Melville, NY below.


Local
National
20,133
2,001
Medium

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Title Synonyms

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Salary for Loan Officer Jobs in Melville, NY

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in Melville, NY offer the following education background
Bachelor's Degree
38.1%
High School or GED
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Melville, NY
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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