Loan Officer Jobs in Charlestown, MA

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 30 Jobs

Loan Servicing Specialist II

  • Marlborough, MA (24 miles from Charlestown, MA)
  • 21 hours ago
  • Marlborough, MA (24 miles from Charlestown, MA)
  • 21 hours ago

Job Details Level : Experienced Job Location : Main Office Branch - Marlborough, MA Position Type : Full Time Salary Range : $24.00 - $27.00 Hourly Job Category : Admin - Clerical Description...

Credit Officer

  • Waltham, MA (10 miles from Charlestown, MA)
  • 1 day ago
  • Waltham, MA (10 miles from Charlestown, MA)
  • 1 day ago

Equal Housing Lender....

Loan Officer Assistant

  • Boston, MA (1 mile from Charlestown, MA)
  • 1 day ago
  • Boston, MA (1 mile from Charlestown, MA)
  • 1 day ago

Update Loan Originators on the status of all pending and approved loans on an as needed basis. Contact Loan Officers and Borrowers with loan approvals and conditions....

Credit Officer, Assistant Vice President Corporate

  • Boston, MA (1 mile from Charlestown, MA)
  • 3 days ago
  • Boston, MA (1 mile from Charlestown, MA)
  • 3 days ago

Qualifications 3-5 years financial services background (6+ overall relevant experience) Strong preference for experience in Leveraged Loan markets, transactions; may include commercial lending/bank...

Community Lending Mortgage Banker

  • Salem, MA (12 miles from Charlestown, MA)
  • 9 days ago
  • Salem, MA (12 miles from Charlestown, MA)
  • 9 days ago

Community Loan Officer duties include outside sales activities to cultivate new business and expand CNB's client relationships through the sale of mortgage loan products and services, uses consultative...

Senior Commercial Loan Servicing Specialist

  • Waltham, MA (10 miles from Charlestown, MA)
  • 9 days ago
  • Waltham, MA (10 miles from Charlestown, MA)
  • 9 days ago

Equal Housing Lender....

Mortgage Loan Officer

  • Waltham, MA (10 miles from Charlestown, MA)
  • 9 days ago
  • Waltham, MA (10 miles from Charlestown, MA)
  • 9 days ago

POSITION: Mortgage Loan Officer Summary: At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being....

Senior Credit Officer

  • Waltham, MA (10 miles from Charlestown, MA)
  • 9 days ago
  • Waltham, MA (10 miles from Charlestown, MA)
  • 9 days ago

Equal Housing Lender....

Commercial Real Estate Loan Officer

  • Cambridge, MA (3 miles from Charlestown, MA)
  • 9 days ago
  • Cambridge, MA (3 miles from Charlestown, MA)
  • 9 days ago

Additionally, the CRE Loan Officer will ensure that all credit standards of the Bank are met....

Leasing Credit Sr Officer/Leasing Credit Officer II-Large Corporates

  • Boston, MA (1 mile from Charlestown, MA)
  • 10 days ago
  • Boston, MA (1 mile from Charlestown, MA)
  • 10 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...

Mortgage Loan Originator - Inside Sales

  • Lowell, MA (22 miles from Charlestown, MA)
  • 12 days ago
  • Lowell, MA (22 miles from Charlestown, MA)
  • 12 days ago

Previous banking experience required with a focus on mortgage lending and credit review/underwriting Must be service-oriented with strong organizational skills and attention to detail Technically proficient...

AVP, Credit Officer

  • Brockton, MA (20 miles from Charlestown, MA)
  • 13 days ago
  • Brockton, MA (20 miles from Charlestown, MA)
  • 13 days ago

CAM must properly assess cash flow, capacity, collateral and all major risks associated with the Bank lending to these customers....

Private Bank, Lending Specialist, Business Banking (Boston, MA)

  • Boston, MA (1 mile from Charlestown, MA)
  • 15 days ago
  • Boston, MA (1 mile from Charlestown, MA)
  • 15 days ago

The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists....

CRA Loan Officer

  • Boston, MA (1 mile from Charlestown, MA)
  • 15 days ago
  • Boston, MA (1 mile from Charlestown, MA)
  • 15 days ago

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...

Commercial Loan Officer (C&I)

  • Salem, MA (12 miles from Charlestown, MA)
  • 22 days ago
  • Salem, MA (12 miles from Charlestown, MA)
  • 22 days ago

Must have five to ten years of experience as a loan officer. A strong background in business math, business law, and analytical and comparison skills is recommended....

Demographic Data for Charlestown, MA

Moving to Charlestown, MA? Find some basic demographic data about Charlestown, MA below.


Local
National
19,120
503
Medium/Sm

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Charlestown, MA

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 Charlestown, MA 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 Charlestown, MA
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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