Loan Officer Jobs in New York

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 151 Jobs

Loan Sales Specialist

  • Kingston, NY
  • 10 hours ago
  • Kingston, NY
  • 10 hours ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Financial Services Representative

  • Odessa, NY
  • 15 hours ago
  • Odessa, NY
  • 15 hours ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Loan Officer-ResLending

  • Melville, NY
  • 1 day ago
  • Melville, NY
  • 1 day ago

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

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...

Outside Mortgage Loan Officer

  • New York, NY
  • 2 days ago
  • New York, NY
  • 2 days ago

This position is responsible for converting self-sourced leads received from outside referrals and at the branch into loans by promoting the credit unions’ real estate and consumer lending products,...

HLC Loan Officer- Location Cleveland or Cincinnati

  • Albany, NY
  • 3 days ago
  • Albany, NY
  • 3 days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Risk Management - Lead Credit Officer - Vice President

  • Uniondale, NY
  • 3 days ago
  • Uniondale, NY
  • 3 days ago

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

Mortgage Specialist

  • Canton, NY
  • 5 days ago
  • Canton, NY
  • 5 days ago

Must be eligible to register with the Nationwide Mortgage Licensing System & Registry (NMLS) and must maintain registration with NMLS as a registered Mortgage Loan Originator (MLO)....

Mortgage Loan Originator Retail - Remote New York

  • Syracuse, NY
  • 5 days ago
  • Syracuse, NY
  • 5 days ago

Minimum of one (1) year of experience working as a Loan Originator is required Must possess, or have the ability to possess upon hire, a Mortgage Loan Originator (MLO) license per the SAFE Act; may...

Remote Work

Loan Review Officer

  • New York, NY
  • 5 days ago
  • New York, NY
  • 5 days ago

Strong credit knowledge in one or more lending activities: Aviation, Commodities, Energy, Leveraged Finance, Project Finance, Real Estate, or Securitization....

Credit Officer, Private Banking

  • New York, NY
  • 5 days ago
  • New York, NY
  • 5 days ago

Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank's lending policies and procedures....

Mortgage Loan Originator

  • New York, NY
  • 6 days ago
  • New York, NY
  • 6 days ago

work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...

Commercial Lending Loan Administrator I/II

  • Saratoga Springs, NY
  • 6 days ago
  • Saratoga Springs, NY
  • 6 days ago

Review documentation, input, and book commercial loans. Process ODL contracts....

Business Banking Unit Credit Officer

  • Rochester, NY
  • 6 days ago
  • Rochester, NY
  • 6 days ago

and review of bank lending policies and procedures in conjunction with the BBU Credit Manager....

Credit Officer Asset Backed Securities / Securitization Vice President

  • New York, NY
  • 7 days ago
  • New York, NY
  • 7 days ago

Credit officers will manage a portfolio of lending commitments spanning a variety of financing structures across the securitized products sector including ABS, Residential Mortgage-Backed Security and...

Demographic Data for New York

Moving to New York? Find some basic demographic data about New York below.


Local
National
20,201,017
534,422

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 New York

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 New York 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 New York
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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