Loan Officer Jobs in Providence, RI

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.

1-13 of 13 Jobs

Loan Officer

  • Providence, RI
  • 1 day ago
  • Providence, RI
  • 1 day ago

Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....

Leasing Credit Officer II

  • Providence, RI
  • 9 days ago
  • Providence, RI
  • 9 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...

Leasing Credit Sr Officer/Leasing Credit Officer II-Large Corporates

  • Providence, RI
  • 10 days ago
  • Providence, RI
  • 10 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...

Loan Officer - Financial Institutions Group

  • Middletown, RI (22 miles from Providence, RI)
  • 12 days ago
  • Middletown, RI (22 miles from Providence, RI)
  • 12 days ago

Proficient Microsoft Office Suite (including Teams) experience required, experience with Empower (Loan Origination System) or similar Loan Origination System required....

Commercial Operations Loan Specialist II

  • Johnston, RI (5 miles from Providence, RI)
  • 15 days ago
  • Johnston, RI (5 miles from Providence, RI)
  • 15 days ago

Solid understanding of commercial lending activities. Proficient in Office Applications (Outlook, Word, Excel and PowerPoint)....

Business Loan Officer

  • Providence, RI
  • 45+ days ago
  • Providence, RI
  • 45+ days ago

The Business Loan Officer is responsible for developing new business, underwriting, structuring, and closing of commercial real estate loans, as well as maintaining and servicing an existing portfolio...

Virtual HM Consumer Direct Loan Officer

  • Johnston, RI (5 miles from Providence, RI)
  • 45+ days ago
  • Johnston, RI (5 miles from Providence, RI)
  • 45+ days ago

Maintain expertise in loan origination system(s) to ensure timely and accurate processing....

Mortgage Loan Officer - Sharon MA

  • Sharon, MA (23 miles from Providence, RI)
  • 60+ days ago
  • Sharon, MA (23 miles from Providence, RI)
  • 60+ days ago

Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....

Retail Mortgage Loan Officer

  • Providence, RI
  • 60+ days ago
  • Providence, RI
  • 60+ days ago

We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none....

Residential Lending Loan Officer Senior

  • Providence, RI
  • 26 days ago
  • Providence, RI
  • 26 days ago

City National Bank Residential Lending Loan Officer Senior in Providence , Rhode Island RESIDENTIAL LENDING LOAN OFFICER SENIOR WHAT IS THE OPPORTUNITY?...

Loan Officer, Junior - Retail

  • East Greenwich, RI (12 miles from Providence, RI)
  • 30+ days ago
  • East Greenwich, RI (12 miles from Providence, RI)
  • 30+ days ago

Experience : Minimum 1+ years’ of loan origination experience, loan officer assistant experience, strong sales experience or experience working in the mortgage industry required....

Capital Markets Sr Credit Officer

  • Johnston, RI (5 miles from Providence, RI)
  • 30+ days ago
  • Johnston, RI (5 miles from Providence, RI)
  • 30+ days ago

Description At Citizens, we work together to make a difference for companies that are building, supplying and serving industries and consumers across the country. As the Capital Markets Senior...

Mortgage Loan Originator II

  • Danielson, CT (22 miles from Providence, RI)
  • 45+ days ago
  • Danielson, CT (22 miles from Providence, RI)
  • 45+ days ago

Originator II to assist one or more specific Mortgage Loan Originator(s) or Branch Manager(s) in delivering outstanding customer service to borrowers and realtors on loans that they originate....

Demographic Data for Providence, RI

Moving to Providence, RI? Find some basic demographic data about Providence, RI below.


Local
National
219,016
5,676
Large

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.
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Title Synonyms

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Salary for Loan Officer Jobs in Providence, RI

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 Providence, RI 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 Providence, RI
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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