Loan Officer Jobs in Scranton, PA
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.
- Wilkes Barre, PA (16 miles from Scranton, PA)
- 5 days ago
- Wilkes Barre, PA (16 miles from Scranton, PA)
- 5 days ago
Are you a goal-oriented individual? Are you looking to start your career at an industry-leading consumer finance organization with an award-winning service team that has ample opportunity for...
Consumer Loan Sales Specialist
- Wilkes Barre, PA (16 miles from Scranton, PA)
- 6 days ago
- Wilkes Barre, PA (16 miles from Scranton, PA)
- 6 days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration....
C&I COMMERCIAL LOAN OFFICER IN SCRANTON Date Posted: Wednesday, February 26, 2025 ?...
C&I Commercial Loan Officer Commercial Loan Officers, or Relationship Managers, work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Wilkes Barre, PA (16 miles from Scranton, PA)
- 30+ days ago
- Wilkes Barre, PA (16 miles from Scranton, PA)
- 30+ days ago
Experience: A minimum of 5-7 years retail banking experience normally required with at least five years branch banking experience....
Commercial Loan Officer I am urgently seeking an experienced Commercial Loan Officer currently supporting the south eastern counties in Pennsylvania....
Demographic Data for Scranton, PA
Moving to Scranton, PA? Find some basic demographic data about Scranton, PA below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Scranton, PA
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Scranton, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Reimbursement
- Retail Banking
- Federal National Morgage Association
- Mortgage Lending
- Jumbo Loans
- Consumer Lending
- Loan Documentation
- Lending
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Fannie Mae
- Loan Review
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Wealth Management
- Loan Servicing
- Credit Analysis
- Financial Services
- Encompass
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Closing
- Finance
- Collections
- Business Development
- Listening
- Accounting
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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