Loan Officer Jobs in Paramus, NJ

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 80 Jobs

Mortgage Banker - Charlotte

  • New York, NY (13 miles from Paramus, NJ)
  • 20 hours ago
  • New York, NY (13 miles from Paramus, NJ)
  • 20 hours ago

written policies and procedures for the bank Participate in community events and real estate industry functions to identify, develop and promote additional business Attend training on all residential lending...

Loan Review Officer

  • New York, NY (13 miles from Paramus, NJ)
  • 20 hours ago
  • New York, NY (13 miles from Paramus, NJ)
  • 20 hours ago

Position Overview: This position offers a unique opportunity to deepen your understanding of risk across multiple lending sectors and transaction structures while contributing to the continuous evolution...

Risk Management - Structured and Subscription Financing Credit Officer - Vice President

  • New York, NY (13 miles from Paramus, NJ)
  • 1 day ago
  • New York, NY (13 miles from Paramus, NJ)
  • 1 day ago

You will manage a client portfolio, which involves overseeing transaction structures, conducting counterparty due diligence, and continuously monitoring exposure from traditional bank lending products...

Premier Banking Officer

  • Palisades Park, NJ (7 miles from Paramus, NJ)
  • 2 days ago
  • Palisades Park, NJ (7 miles from Paramus, NJ)
  • 2 days ago

lending products Actively participate in branch duties with a strong sense of teamwork The salary range for this full-time position is $24.00 Hourly - $28.85 Hourly + bonus + benefits Salary ranges...

Loan Servicing Specialist

  • Parsippany, NJ (18 miles from Paramus, NJ)
  • 2 days ago
  • Parsippany, NJ (18 miles from Paramus, NJ)
  • 2 days ago

About Blue Foundry Bank This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done....

Loan Officer

  • Newark, NJ (15 miles from Paramus, NJ)
  • 3 days ago
  • Newark, NJ (15 miles from Paramus, NJ)
  • 3 days ago

Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....

Loan Officer Associate

  • Wayne, NJ (8 miles from Paramus, NJ)
  • 3 days ago
  • Wayne, NJ (8 miles from Paramus, NJ)
  • 3 days ago

Join a Company that Empowers you to Build your Future The Loan Officer Associate assists Loan Officers while developing skills and knowledge to become a Loan Officer in the future....

Private Banking Officer II

  • New York, NY (13 miles from Paramus, NJ)
  • 3 days ago
  • New York, NY (13 miles from Paramus, NJ)
  • 3 days ago

Facilitate new deposit account and small business consumer lending requests by providing disclosures, gathering documents and initiates ongoing communication with the client....

Citi Commercial Bank - Commercial Lending Management - SVP, Credit Officer, Business & Professional Services

  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago
  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago

To facilitate the CCB's wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market...

Mortgage Loan Officer

  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago
  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago

We are currently hiring dedicated Mortgage Loan Officers who proactively identify, build and maintain a quality network of business relationships that serves as a source of referrals for new mortgage...

Senior Financial Services Representative

  • New Hyde Park, NY (24 miles from Paramus, NJ)
  • 4 days ago
  • New Hyde Park, NY (24 miles from Paramus, NJ)
  • 4 days ago

Job Description Assures that patients understand their financial obligation to pay for medical services rendered. Obtains all necessary information and enters it into the billing system for timely...

Private Banking Officer

  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago
  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago

Responsibilities include, but are not limited to: Proactively develops internal and external networks for referral sources that generate prospects and create visibility in the marketplace. Manages...

Mortgage Advisor

  • Jersey City, NJ (14 miles from Paramus, NJ)
  • 4 days ago
  • Jersey City, NJ (14 miles from Paramus, NJ)
  • 4 days ago

loan origination activity * At least one (1) to three (3) years of retail mortgage loan origination experience preferred * General financial sales, real estate or mortgage operations experience may...

Personal Loan Consultant

  • Woodland Park, NJ (8 miles from Paramus, NJ)
  • 4 days ago
  • Woodland Park, NJ (8 miles from Paramus, NJ)
  • 4 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Loan Sales Specialist

  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago
  • New York, NY (13 miles from Paramus, NJ)
  • 4 days ago

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team...

Demographic Data for Paramus, NJ

Moving to Paramus, NJ? Find some basic demographic data about Paramus, NJ below.


Local
National
26,698
1,864
Medium

Loan Officer Online Courses and Training Opportunities

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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...
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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...
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Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Title Synonyms

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Salary for Loan Officer Jobs in Paramus, NJ

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 Paramus, NJ 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 Paramus, NJ
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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