Loan Officer Jobs in Sioux Falls, SD
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.
Attend all loan meetings as deemed appropriate or directed by the Mortgage Lending Department Manager to participate in decisions that affect ongoing and future operations of the loan function....
- Harrisburg, SD (9 miles from Sioux Falls, SD)
- 7 days ago
- Harrisburg, SD (9 miles from Sioux Falls, SD)
- 7 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
- Lennox, SD (17 miles from Sioux Falls, SD)
- 8 days ago
- Lennox, SD (17 miles from Sioux Falls, SD)
- 8 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
- Canton, SD (17 miles from Sioux Falls, SD)
- 8 days ago
- Canton, SD (17 miles from Sioux Falls, SD)
- 8 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
- Hartford, SD (14 miles from Sioux Falls, SD)
- 8 days ago
- Hartford, SD (14 miles from Sioux Falls, SD)
- 8 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
- Brandon, SD (6 miles from Sioux Falls, SD)
- 8 days ago
- Brandon, SD (6 miles from Sioux Falls, SD)
- 8 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
- Dell Rapids, SD (18 miles from Sioux Falls, SD)
- 8 days ago
- Dell Rapids, SD (18 miles from Sioux Falls, SD)
- 8 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
- Tea, SD (10 miles from Sioux Falls, SD)
- 8 days ago
- Tea, SD (10 miles from Sioux Falls, SD)
- 8 days ago
A Favorite community oriented billion dollar financial institution is looking for a Commercial Loan Officer to join its team....
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Sioux Falls, SD W. 26th St. branch. Whats Important to You We...
, CLO, Commercial Loan Officer, Ag Loan Officer, Market President, Credit analysis, Credit analist, Underwriiting, Loan Officer, Senior Loan Officer, Business Banker, Loans Lender lending....
Officer, Ag Loan Officer, Market President, Credit analysis, Credit analist, Underwriiting, Loan Officer, Senior Loan Officer, Business Banker, Loans Lender lending....
Officer, Ag Loan Officer, Market President, Credit analysis, Credit analist, Underwriiting, Loan Officer, Senior Loan Officer, Business Banker, Loans Lender lending....
Board and Fund Loans Process, board, and fund loans in a timely and accurate manner....
a four-year College or University preferred 3 years relevant experience in a financial institution within loan servicing preferred Understanding of loan accounting systems, loan payment types, and loan...
SBA Loan Officer** Location **Sioux Falls, SD** Apply Now ( **Title:** SBA Loan Officer **Location:** Sioux Falls, SD (Remote) **Job Overview:** We are a direct, nationwide SBA lender with delegated...
Demographic Data for Sioux Falls, SD
Moving to Sioux Falls, SD? Find some basic demographic data about Sioux Falls, SD below.
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 Sioux Falls, SD
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Sioux Falls, SD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Finance
- Closing
- Collections
- Business Development
- Retail
- Customer Relations
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- 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 »