Loan Officer Jobs in Ontario
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.
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
banking and/or credit adjudication Post-secondary education (preferred) Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by...
The TD Mobile Mortgage Specialist (MMS) sales team is a national retail banking channel responsible for acquisition of new mortgage and home equity line of credit business....
Banking Officer - Banking Client Service Team, Private Wealth
- Toronto, ON
- 1 day ago
- Toronto, ON
- 1 day ago
Basic knowledge of the Lending Process and supporting policies. Basic knowledge of loan and security documentation, including registration and renewal routine. Specialized knowledge....
/19438/db0b4d48-6094-4564-8e37-56921403180f.png&z=8&s=BNK&ih_t=5%2F27%2F2025+10%3A56%3A24+PM&utm_medium=internal%20referrer&utm_campaign=internal-ihire-resume-builder&utm_content=ihire&utm_term=sf_serp_searchresults_position_5&dt=Desktop)
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Application Deadline: 05/30/2025 Address: 999 Upper Wentworth St, #0135B Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
Mortgage Specialist - Barrie, Muskoka, Midland & Collingwood
- Midland, ON
- 11 days ago
- Midland, ON
- 11 days ago
Requisition ID: 225861 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Join us as we build a high-performing, purposed driven, winning sales...
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Application Deadline: 05/30/2025 Address: 1841 Walkers Line Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
Financial Services Representative I-French Speaking
- Mississauga, ON
- 13 days ago
- Mississauga, ON
- 13 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Overview This position will provide assistance and support to the Vice President, Loan Administration and/or Associate, Loan Administration to monitor and maintain relevant credit information of...
manner - 90% of your day will be to review documents sent by lawyers - Corresponding with banks and law firms regarding pending documents for files when necessary - Supporting all clients (lawyers, lenders...
Mobile Mortgage Advisor (Collingwood/Owen Sound/Kincardine, ON)
- Collingwood, ON
- 25 days ago
- Collingwood, ON
- 25 days ago
Lending, Mortgage Process...
Application Deadline: 05/30/2025 Address: 1075 Bronte Street South Job Family Group: Retail Banking Sales & Service Cultivates, builds, and manages relationships with a referral network to build a pipeline...
Requisition ID: 208230 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Join us as we build a high-performing, purposed driven, winning sales...
Loan Officer Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Officer Jobs in Ontario
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Ontario offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- VA Loans
- OFAC
- Mortgage Processing
- Encompass
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Customer Relations
- Accounting
- Listening
- Retail
- Business Development
- High School Diploma
- Negotiation
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Officer Related Career Advice Articles
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 »
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 »