Loan Officer Jobs in Springfield, 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 81 Jobs

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

  • New York, NY (17 miles from Springfield, NJ)
  • 16 hours ago
  • New York, NY (17 miles from Springfield, 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...

Premier Banking Officer

  • Palisades Park, NJ (20 miles from Springfield, NJ)
  • 21 hours ago
  • Palisades Park, NJ (20 miles from Springfield, 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...

Loan Servicing Specialist

  • Parsippany, NJ (11 miles from Springfield, NJ)
  • 1 day ago
  • Parsippany, NJ (11 miles from Springfield, NJ)
  • 1 day 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 (8 miles from Springfield, NJ)
  • 1 day ago
  • Newark, NJ (8 miles from Springfield, 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....

Loan Officer Associate

  • Wayne, NJ (17 miles from Springfield, NJ)
  • 1 day ago
  • Wayne, NJ (17 miles from Springfield, 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....

Private Banking Officer II

  • New York, NY (17 miles from Springfield, NJ)
  • 2 days ago
  • New York, NY (17 miles from Springfield, 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....

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

  • New York, NY (17 miles from Springfield, NJ)
  • 2 days ago
  • New York, NY (17 miles from Springfield, 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...

Mortgage Loan Officer

  • New York, NY (17 miles from Springfield, NJ)
  • 2 days ago
  • New York, NY (17 miles from Springfield, 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...

Private Banking Officer

  • New York, NY (17 miles from Springfield, NJ)
  • 3 days ago
  • New York, NY (17 miles from Springfield, 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...

Mortgage Advisor

  • Jersey City, NJ (13 miles from Springfield, NJ)
  • 3 days ago
  • Jersey City, NJ (13 miles from Springfield, 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...

Personal Loan Consultant

  • Woodland Park, NJ (14 miles from Springfield, NJ)
  • 3 days ago
  • Woodland Park, NJ (14 miles from Springfield, NJ)
  • 3 days ago

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

4507 Consumer Loan Sales Specialist

  • New Brunswick, NJ (15 miles from Springfield, NJ)
  • 3 days ago
  • New Brunswick, NJ (15 miles from Springfield, NJ)
  • 3 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 (17 miles from Springfield, NJ)
  • 3 days ago
  • New York, NY (17 miles from Springfield, 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 (3 miles from Springfield, NJ)
  • 3 days ago
  • Union, NJ (3 miles from Springfield, 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 (13 miles from Springfield, NJ)
  • 3 days ago
  • Jersey City, NJ (13 miles from Springfield, 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...

Demographic Data for Springfield, NJ

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


Local
National
17,200
689
Medium/Sm

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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...
How to Become a Police Officer in England and Wales
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...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Loan Officer Jobs in Springfield, 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 Springfield, 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 Springfield, 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%



Loan Officer Related Career Advice Articles

banker looking at charts on laptop
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 »
personal banker going over paperwork with her clients
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 »