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 127 Jobs

Mortgage Loan Repurchase Facility Lending Associate Attorney - N

  • New York, NY
  • 10 hours ago
  • New York, NY
  • 10 hours ago

Mortgage Loan Repurchase Facility Lending Associate Attorney - N Location: US-NY-New York Jobcode: feded8f8-43fb-49e6-b823-b03a24156428 Mortgage Loan Repurchase Facility Lending Associate Attorney -...

Private Mortgage Banker

  • Purchase, NY
  • 13 hours ago
  • Purchase, NY
  • 13 hours ago

Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies....

Loan Servicing Specialist

  • Oswego, NY
  • 14 hours ago
  • Oswego, NY
  • 14 hours ago

Process daily received or returned mail for the Lending and Loan Operations departments....

Small Business Lending Consultant

  • Stamford, NY
  • 18 hours ago
  • Stamford, NY
  • 18 hours ago

Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...

Remote Work

Loan Officer (Consumer Lending)

  • Buffalo, NY
  • 1 day ago
  • Buffalo, NY
  • 1 day ago

Job Description The Consumer Lending Loan Officer is responsible for providing service to customers seeking a variety of installment and lines of credit loans, auto and personal loans, and credit cards...

Private Bank Credit Officer

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

Description The Private Bank Senior Credit Officer is responsible for overseeing the credit approval process, assessing credit risk, and ensuring the banks lending practices align with regulatory standards...

Associate Financial Services Representative, Hybrid (TEMP)

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

The Associate Financial Services Representative will be an exceptionally customer focused individual that will provide information, fulfill customer needs, and tailor our services to create an...

Associate Financial Services Representative, (TEMP)

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

The Associate Financial Services Representative will be an exceptionally customer focused individual that will provide information, fulfill customer needs, and tailor our services to create an...

Senior Financial Services Representative

  • Woodbury, NY
  • 2 days ago
  • Woodbury, NY
  • 2 days ago

Job Description Assures that patients understand their financial obligation to pay for medical services rendered. Obtains all necessary information and enters it into the billing system for timely...

Private Banking Officer - New York, NY

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

Back Private Banking Officer #24-408 New York, New York, United States Apply Apply for this job now! Apply Job Overview The Private Banker will be responsible for developing, managing, and...

Loan Officer, Corporate Banking

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

Lending Business Development: Generate loan business in designated markets and industries in accordance with credit policies & procedures Achieve assigned loan volume, pricing and quality targets Maintain...

Loan Sales Specialist

  • Webster, NY
  • 2 days ago
  • Webster, NY
  • 2 days ago

process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...

Loan Administrator

  • Pearl River, NY
  • 2 days ago
  • Pearl River, NY
  • 2 days ago

The Loan Administrator ensures Real Estate and Consumer Lending policies and procedures are followed, delivering exceptional service to the credit union and its members....

Commercial Loan Officer-Albany

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

Your Role at a Glance As a Commercial Loan Officer, you'll guide members through the lending process, assess creditworthiness, and ensure compliance with regulations....

MSPC- Direct Lending- Associate/ VP

  • New York, NY
  • 3 days ago
  • New York, NY
  • 3 days ago

Morgan Stanley Investment Management ("MSIM") is a global investment manager with over 40 years of history delivering innovative investment solutions across public and private markets worldwide....

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...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...
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,...

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.

Highest Education Level

Loan Officers in New York offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
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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