Loan Officer Jobs in Parsippany, 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.
Risk Management - Structured and Subscription Financing Credit Officer - Vice President
- New York, NY (22 miles from Parsippany, NJ)
- 16 hours ago
- New York, NY (22 miles from Parsippany, NJ)
- 16 hours 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...
- Palisades Park, NJ (21 miles from Parsippany, NJ)
- 21 hours ago
- Palisades Park, NJ (21 miles from Parsippany, NJ)
- 21 hours 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...
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....
- Newark, NJ (14 miles from Parsippany, NJ)
- 1 day ago
- Newark, NJ (14 miles from Parsippany, NJ)
- 1 day ago
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
- Wayne, NJ (10 miles from Parsippany, NJ)
- 1 day ago
- Wayne, NJ (10 miles from Parsippany, NJ)
- 1 day 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....
- New York, NY (22 miles from Parsippany, NJ)
- 2 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 2 days ago
Facilitate new deposit account and small business consumer lending requests by providing disclosures, gathering documents and initiates ongoing communication with the client....
- New York, NY (22 miles from Parsippany, NJ)
- 2 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 2 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...
- New York, NY (22 miles from Parsippany, NJ)
- 2 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 2 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...
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 3 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...
- Jersey City, NJ (19 miles from Parsippany, NJ)
- 3 days ago
- Jersey City, NJ (19 miles from Parsippany, NJ)
- 3 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...
- Woodland Park, NJ (10 miles from Parsippany, NJ)
- 3 days ago
- Woodland Park, NJ (10 miles from Parsippany, NJ)
- 3 days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
- New York, NY (22 miles from Parsippany, NJ)
- 3 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 3 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...
Consumer Loan Sales Specialist
- Union, NJ (13 miles from Parsippany, NJ)
- 3 days ago
- Union, NJ (13 miles from Parsippany, NJ)
- 3 days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Financial Services Representative Mental Health
- Jersey City, NJ (19 miles from Parsippany, NJ)
- 3 days ago
- Jersey City, NJ (19 miles from Parsippany, NJ)
- 3 days ago
Description CSPNJ, a mental health nonprofit is looking for a full-time Financial Services Representative for Hudson and Essex county. Under the direct supervision of the Director of Financial...
Morgan Wealth Management, Lending Specialist Analyst
- New York, NY (22 miles from Parsippany, NJ)
- 4 days ago
- New York, NY (22 miles from Parsippany, NJ)
- 4 days ago
As part of Wealth Management Lending Solutions, this role is focused on growing the lending business by providing seamless execution of all new lending requests....
Demographic Data for Parsippany, NJ
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Title Synonyms
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Salary for Loan Officer Jobs in Parsippany, NJ
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Parsippany, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Loan Origination
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- VA Loans
- Private Banking
- Loan Processing
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Wealth Management
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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