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Loan Associate Jobs in Rhode Island (NOW HIRING)

Pledge Financial LLC

Be Seen First

Sales & Loan Associate- Pawnbroker 202

Central Falls, RI · On-site

$17 - $19/hr

... Associate ! Do you enjoy working with people, learning something new every day, and finding creative solutions? In this role, you'll help customers with loans, sales, and purchases--while building ...

Pledge Financial LLC

Be Seen First

Sales & Loan Associate- Pawnbroker Store 203

Central Falls, RI · On-site

$20 - $21/hr

... Associate ! Do you enjoy working with people, learning something new every day, and finding creative solutions? In this role, you'll help customers with loans, sales, and purchases--while building ...

Eastern Bank

Operations Associate

Cranston, RI · On-site

$24.50/hr

The Operations Associate maintains primary responsibility for all operational elements of a small ... Closing consumer loans * Making referrals to other bank business lines and third-party partners

Eastern Bank

Operations Associate

Cranston, RI · On-site

$24.50/hr

The Operations Associate maintains primary responsibility for all operational elements of a small ... Closing consumer loans * Making referrals to other bank business lines and third-party partners

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All JobsLoan Associate JobsLoan Associate Jobs in Rhode Island

Loan Associate information

See Rhode Island salary details

$10

$19

$30

How much do loan associate jobs pay per hour?

As of Aug 31, 2026, the average hourly pay for loan associate in Rhode Island is $19.91, according to ZipRecruiter salary data. Most workers in this role earn between $14.13 and $23.99 per hour, depending on experience, location, and employer.

What does a loan associate do?

A Loan Associate assists clients with the loan application process, reviews financial documents, and helps determine eligibility for various loan products. They work closely with loan officers and underwriters to ensure all required documentation is complete and accurate. Additionally, Loan Associates may answer customer questions, verify information, and process paperwork to support timely loan approvals and disbursements.

What are the key skills and qualifications needed to thrive as a loan associate?

To thrive as a Loan Associate, you need a solid understanding of financial principles, loan processing procedures, and regulatory compliance, often supported by a degree in finance or a related field. Familiarity with loan origination software, credit analysis tools, and document management systems is commonly required. Strong attention to detail, customer service orientation, and effective communication skills help Loan Associates excel in client interactions and team environments. These skills and qualities are vital for ensuring accurate loan processing, regulatory adherence, and positive client experiences.

What are some common challenges faced by loan associates during the loan processing cycle?

Loan Associates often encounter challenges related to balancing multiple loan applications simultaneously while ensuring compliance with regulatory requirements. They must carefully verify documentation, communicate effectively with applicants, and coordinate with underwriters and loan officers to keep the process on track. Staying organized and adaptable is key, as changes in applicant circumstances or evolving lending guidelines can require prompt adjustments. Successfully managing these tasks helps ensure timely loan approvals and a positive borrower experience.

What is the difference between Loan Associate vs Mortgage Processor?

AspectLoan AssociateMortgage Processor
CredentialsHigh school diploma or equivalent; some roles may prefer relevant certificationsHigh school diploma; some roles may require mortgage-specific certifications
Work EnvironmentBank branches, credit unions, or financial institutionsMortgage companies, banks, or lending institutions
Job ResponsibilitiesAssisting clients, gathering documents, processing loan applicationsReviewing documents, verifying information, preparing files for approval
Industry UsageCommonly employed in retail banking and lendingPrimarily in mortgage lending and real estate finance

While both roles support the loan process, a Loan Associate typically handles client interactions and initial documentation, whereas a Mortgage Processor focuses on verifying and preparing mortgage files for approval. Understanding these differences can help job seekers identify the right position in the lending industry.

How much does a loan associate make?

A loan associate typically earns between $35,000 and $50,000 annually, depending on experience, location, and employer. Some positions may offer additional commissions or bonuses based on performance, and strong customer service skills are often required.

What are the most commonly searched types of Loan jobs in Rhode Island?

The most popular types of Loan jobs in Rhode Island are:

What cities in Rhode Island are hiring for Loan Associate jobs?

Cities in Rhode Island with the most Loan Associate job openings:

Loan Associate jobs near you
Infographic showing various Loan Associate job openings in Rhode Island as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $41,412 per year, or $19.9 per hour.

Sales and Loan Associate / Pawnbroker

Pledge Financial LLC

West Warwick, RI • On-site

$18 - $20/hr

Full-time

Medical, Dental, Vision, Retirement

Re-posted 18 days ago

Job description

We’re looking for an outgoing, motivated team player to join our Fall River Pawnbroker & Jewelry at our West Warwick store as a Pawnbroker / Sales Associate!

Do you enjoy working with people, learning something new every day, and finding creative solutions? In this role, you’ll help customers with loans, sales, and purchases—while building your skills in sales, negotiation, and customer service.

What’s in it for you?

  • Competitive base pay plus weekly sales commissions
  • Full benefits package (health, dental, vision, retirement, etc.)
  • Paid training and ongoing coaching
  • Opportunities for career growth with a large, established company

    • Whether you’re starting your career, making a career change, or simply looking for a workplace where you can learn and grow, this could be the perfect fit. If you’re coachable, confident, and curious, we’d love to meet you.

    Bring your energy, and we’ll provide the tools for success. Apply today and let’s see where your story goes!

    Responsibilities:
  • Welcome and assist customers with loans, purchases, and sales
  • Build relationships and provide excellent service to new and returning customers
  • Help customers understand product options and make confident decisions
  • Meet store sales and service goals with support from your team
  • Accurately handle cash and transactions
  • Keep the sales floor engaging by showcasing and demonstrating products along with other actions around the store as needed
    • Qualifications:
  • Experience in customer service, retail, or sales (preferred but not required—training provided)
  • Friendly, approachable, and able to connect with people from all walks of life
  • Confidence in negotiating and problemsolving
  • Motivated to reach goals while always putting the customer first
  • Comfortable handling cash and doing basic math

    • Spanish speakers encouraged to apply!

Apply