Loan Officer Jobs in Rensselaer, NY

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.

1-10 of 10 Jobs

Loan Sales Specialist

  • Schenectady, NY (17 miles from Rensselaer, NY)
  • 3 days ago
  • Schenectady, NY (17 miles from Rensselaer, NY)
  • 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 lifes expenses. In this role, our team members...

Personal Loan Consultant

  • Rensselaer, NY
  • 9 days ago
  • Rensselaer, NY
  • 9 days ago

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

Mortgage Originator

  • Albany, NY (9 miles from Rensselaer, NY)
  • 14 days ago
  • Albany, NY (9 miles from Rensselaer, NY)
  • 14 days ago

Job Order Number: DF9826107 Job Title: Registered Nurse - Float Company: Northwell Health Location: Riverhead, NY Salary: Education: Information Not Provided Experience: Information Not Provided...

Consumer Loan Sales Specialist

  • Rensselaer, NY
  • 15 days ago
  • Rensselaer, NY
  • 15 days ago

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

Financial Services Representative

  • Troy, NY (10 miles from Rensselaer, NY)
  • 17 days ago
  • Troy, NY (10 miles from Rensselaer, NY)
  • 17 days ago

Immediate need for a talented Financial Services Representative. This is a 06+months contract opportunity with long-term potential and is located in Troy NY (Hybrid). Please review the job...

Mortgage Specialist

  • Ballston Lake, NY (23 miles from Rensselaer, NY)
  • 23 days ago
  • Ballston Lake, NY (23 miles from Rensselaer, NY)
  • 23 days ago

An ideal candidate will have hands on experience in any of the following areas Mortgage Contact Center Commercial Lending Consumer Lending Other mortgage related roles Location: Ballston Lake, NY Duration...

Outside Loan Originator

  • Burnt Hills, NY (23 miles from Rensselaer, NY)
  • 30+ days ago
  • Burnt Hills, NY (23 miles from Rensselaer, NY)
  • 30+ days ago

Position Overview: The Outside Loan Originator (Outside LO) is responsible for maintaining an NMLS license required under the S.A.F.E....

CRA Loan Officer

  • Albany, NY (9 miles from Rensselaer, NY)
  • 30+ days ago
  • Albany, NY (9 miles from Rensselaer, NY)
  • 30+ 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...

Mortgage Originator

  • Clifton Park, NY (16 miles from Rensselaer, NY)
  • 90+ days ago
  • Clifton Park, NY (16 miles from Rensselaer, NY)
  • 90+ days ago

Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....

Consumer Loan Sales Specialist

  • Rensselaer, NY
  • 90+ days ago
  • Rensselaer, NY
  • 90+ days ago

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

Demographic Data for Rensselaer, NY

Moving to Rensselaer, NY? Find some basic demographic data about Rensselaer, NY below.


Local
National
21,277
422
Medium

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Rensselaer, NY

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 Rensselaer, NY 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 Rensselaer, NY
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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