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 126 Jobs

Private Mortgage Banker

  • Purchase, NY
  • 12 hours ago
  • Purchase, NY
  • 12 hours ago

About this role: Wells Fargo is seeking a Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending. Learn more about our career areas and lines of business at wellsfargojobs.com....

Home Mortgage Consultant

  • Purchase, NY
  • 12 hours ago
  • Purchase, NY
  • 12 hours ago

About this role: Wells Fargo is seeking a Mortgage Retail Sales Consultant (SAFE) in Consumer Lending as part of Home Lending....

Mortgage Banker Assistant

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

Mortgage Banker Assistant SouthState Bank New York, United States Posted 14 hours ago Permanent Competitive Mortgage Banker Assistant SouthState Bank New York, United States Mortgage Banker...

Loan Sales Specialist

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

Operations Commercial Loan Specialist

  • Norwich, NY
  • 3 days ago
  • Norwich, NY
  • 3 days ago

Ability to competently use supporting systems such as: Nautilus, FiServ, Laser Pro The incumbent should have sound knowledge of legal statutes that pertain to commercial lending including contract and...

Loan Services Specialist - Glens Falls or Latham

  • Latham, NY
  • 3 days ago
  • Latham, NY
  • 3 days ago

passion and excitement for the profession, you would benefit from having: Education/Certifications: > High school degree or equivalent experience required > 2 years of experience required in banking or lending...

Loan Sales Specialist

  • Town of Tonawanda, NY
  • 3 days ago
  • Town of Tonawanda, NY
  • 3 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...

Financial Services Representative - On Site

  • Melville, NY
  • 3 days ago
  • Melville, NY
  • 3 days ago

Req Number** 162125 Job Description Advises and counsels admitted patients of financial responsibility and self-payments. Processes payments, issues patient receipts, and maintains collection log....

Senior Associate, Commercial Mortgage Loan Administrator

  • New York, NY
  • 4 days ago
  • New York, NY
  • 4 days ago

division is an investment processing service group that provides middle and back office operations, accounting and reporting support to Asset Management, Insurance, Pension, Wealth Management, nonbank lenders...

Lead Financial Services Representative - Hybrid

  • Melville, NY
  • 4 days ago
  • Melville, NY
  • 4 days ago

Job Description Leads and guides Financial Services Representatives in the performance of duties, ensuring patients understand their financial obligations and necessary information is accurately...

Loan Administrator

  • New York City, NY
  • 4 days ago
  • New York City, NY
  • 4 days ago

Loan Administrator Newark, New Jersey-onsite Contract Our client, a well know investment bank is looking to add a Loan Administrator to their team. Responsibilities of this position include...

Personal Banker II (Financial Services Representative)

  • Riverhead, NY
  • 4 days ago
  • Riverhead, NY
  • 4 days ago

Representatives also identify opportunities for referrals to areas such as consumer lending, commercial lending, mortgage lending, and wealth management....

Loan Sales Specialist

  • Tonawanda, NY
  • 5 days ago
  • Tonawanda, NY
  • 5 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...

Credit Officer II - Entertainment

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

Maintains up-to-date knowledge on all Bank lending policies and regulations....

Loan Servicer

  • Hauppauge, NY
  • 5 days ago
  • Hauppauge, NY
  • 5 days ago

Education and/or Experience: A high school education or GED required Minimum one year mortgage servicing, loan servicing or lending experience required Essential Skills: Basic Word and Excel skills...

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,...
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...

Title Synonyms

Users interested in this job title also searched for the following job titles


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
38.0%
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%



Loan Officer Related Career Advice Articles

banker looking at charts on laptop
How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »
personal banker going over paperwork with her clients
Career Spotlight: Personal Banker

What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.

Read article »