Loan Officer Jobs in Providence, RI
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.
Leasing Credit Officer II/Leasing Credit Sr Officer
- Providence, RI
- 19 days ago
- Providence, RI
- 19 days ago
Management and monitoring responsibilities will include lending/leasing relationships with exposures up to $100MM+ that are assigned risk ratings the equivalent of regulatory Pass, Criticized, and Classified...
Senior Loan Officer- Mortgage Lending Loan Officers - Providence, Rhode Island (Remote) ABOUT US: Pinnacle Mortgage Corp. delivers top-tier financial services with competitive rates....
Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. And * Minimum 2 years of experience with state and federal lending regulations (e.g....
Leasing Credit Officer I/II-Global Corporate Aircraft Finance
- Providence, RI
- 30+ days ago
- Providence, RI
- 30+ days ago
Management and monitoring responsibilities will cover an assigned book of lending/leasing relationships with exposures up to $100MM+ that are assigned risk ratings the equivalent of regulatory Pass,...
- Johnston, RI (5 miles from Providence, RI)
- 30+ days ago
- Johnston, RI (5 miles from Providence, RI)
- 30+ days ago
Description This inside sales position will be responsible for generating sales for home equity lines of credit through leads and applications obtained through, but not limited to, the retail...
Leasing Credit Officer II-Healthcare, Education & Not-For-Profit Finance
- Providence, RI
- 30+ days ago
- Providence, RI
- 30+ days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...
Management and monitoring responsibilities will include lending/leasing relationships with exposures up to $100MM+ that are assigned risk ratings the equivalent of regulatory Pass, Criticized, and Classified...
Loan Officer - Financial Institutions Group
- Middletown, RI (22 miles from Providence, RI)
- 60+ days ago
- Middletown, RI (22 miles from Providence, RI)
- 60+ days ago
Proficient Microsoft Office Suite (including Teams) experience required, experience with Empower (Loan Origination System) or similar Loan Origination System required....
Mortgage Loan Officer - Sharon MA
- Sharon, MA (23 miles from Providence, RI)
- 90+ days ago
- Sharon, MA (23 miles from Providence, RI)
- 90+ days ago
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
- East Greenwich, RI (12 miles from Providence, RI)
- 90+ days ago
- East Greenwich, RI (12 miles from Providence, RI)
- 90+ days ago
Experience : Minimum 1+ years’ of loan origination experience, loan officer assistant experience, strong sales experience or experience working in the mortgage industry required....
Demographic Data for Providence, RI
Moving to Providence, RI? Find some basic demographic data about Providence, RI below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Providence, RI
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Providence, RI offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- 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
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Collections
- Finance
- Closing
- Accounting
- Customer Relations
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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