Loan Officer Jobs in Toronto, ON
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.
Mobile Mortgage Specialist Assistant
- North York, ON (5 miles from Toronto, ON)
- 4 days ago
- North York, ON (5 miles from Toronto, ON)
- 4 days ago
The TD Mobile Mortgage Specialist (MMS) sales team is a national retail banking channel responsible for acquisition of new mortgage and home equity line of credit business....
Mobile Mortgage Specialist - Metro West
- Mississauga, ON (14 miles from Toronto, ON)
- 4 days ago
- Mississauga, ON (14 miles from Toronto, ON)
- 4 days ago
banking and/or credit adjudication Post-secondary education (preferred) Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by...
Financial Services Representative II - Cantonese/Mandarin/Vietnamese
- Toronto, ON
- 5 days ago
- Toronto, ON
- 5 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Financial Services Representative I (FSR I)
- Mississauga, ON (14 miles from Toronto, ON)
- 9 days ago
- Mississauga, ON (14 miles from Toronto, ON)
- 9 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Financial Services Representative II
- Vaughan, ON (13 miles from Toronto, ON)
- 9 days ago
- Vaughan, ON (13 miles from Toronto, ON)
- 9 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Financial Services Representative II (Mandarin/ Cantonese)
- Richmond Hill, ON (15 miles from Toronto, ON)
- 10 days ago
- Richmond Hill, ON (15 miles from Toronto, ON)
- 10 days ago
Location Rich.Hill-Hwy 7&W.Beaver Creek Employment Type Regular Weekly Hours 37.5 Skills Accountability, Banking, Business Credit Cards, Educational Savings Plans, Financial Products, Innovation, Lending...
Mobile Mortgage Advisor (Aurora/Richmond Hill/Markham, ON)
- Aurora, ON (22 miles from Toronto, ON)
- 11 days ago
- Aurora, ON (22 miles from Toronto, ON)
- 11 days ago
Lending, Mortgage Process...
Basic knowledge of the Lending Process and supporting policies. Basic knowledge of loan and security documentation, including registration and renewal routine. Specialized knowledge....
Application Deadline: 04/29/2025 Address: 1859 Leslie St Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
- Ajax, ON (22 miles from Toronto, ON)
- 19 days ago
- Ajax, ON (22 miles from Toronto, ON)
- 19 days ago
Application Deadline: 04/29/2025 Address: 180 Kingston Rd E, Unit B1 Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
Mobile Mortgage Specialist, Markham
- Thornhill, ON (10 miles from Toronto, ON)
- 30+ days ago
- Thornhill, ON (10 miles from Toronto, ON)
- 30+ days ago
banking and/or credit adjudication Post-secondary education (preferred) Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by...
- Mississauga, ON (14 miles from Toronto, ON)
- 26 days ago
- Mississauga, ON (14 miles from Toronto, ON)
- 26 days ago
banking and/or credit adjudication Post-secondary education (preferred) Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by...
Mobile Mortgage Advisor (Midtown Toronto, Scarborough, Markham, Durham, ON)
- Toronto, ON
- 60+ days ago
- Toronto, ON
- 60+ days ago
Lending, Mortgage Process...
Mobile Mortgage Advisor (Toronto West/Vaughan & Mississauga, ON)
- Toronto, ON
- 60+ days ago
- Toronto, ON
- 60+ days ago
Lending, Mortgage Process...
Loan Officer Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Officer Jobs in Toronto, ON
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Toronto, ON 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
Other Career Titles
Here are some other career titles that require similar skills
Loan Officer Related Career Advice Articles

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 »
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 »