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Loan Executive Jobs (NOW HIRING)

The Associate Loan Executive will perform the daily job duties related to the accessing, running, and distributing of daily reports. Distribute emails and complete any research for various department ...

Associate Loan Executive

Northbrook, IL · On-site

$17.30 - $22.60/hr

The Associate Loan Executive will perform the daily job duties related to the accessing, running, and distributing of daily reports. Distribute emails and complete any research for various department ...

The Executive Loan Officer functions as an advanced mortgage sales professional who consistently handles a higher volume of clients and more complex loan scenarios. This role requires deep ...

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Our Client is seeking a Commercial/Consumer Bank Executive Loan Assistant for their corporate office in Atlanta, GA. The ideal candidate will have a bachelor's degree in finance or a related ...

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Loan Officer

Cary, NC · On-site

$35K - $150K/yr

The Account Executive will work directly with CLS Capital's brokers and borrowers to establish their needs, identify a program that fits those needs, and take steps to qualify the loan and shepherd ...

This executive will be responsible for maintaining the overall quality and performance of the loan portfolio while ensuring sound credit risk management practices across all lending segments. The ...

Executive Assistant

Providence, RI · On-site

$45K - $50K/yr

Semper Home Loans, a top provider of real estate and mortgage services, is looking for a dynamic Executive Assistant to join our team. The Executive Assistant will provide high-level administrative ...

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Loan Executive information

See salary details

$26.5K

$93.6K

$184K

How much do loan executive jobs pay per year?

As of Jul 26, 2026, the average yearly pay for loan executive in the United States is $93,552.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,000.00 and $120,500.00 per year, depending on experience, location, and employer.

How much do executive loan officers get paid?

Loan executive officers typically earn a base salary that ranges from $50,000 to $100,000 annually, with many earning additional commissions or bonuses based on loan volume and performance. Total compensation can vary depending on experience, location, and the size of the financial institution, with top earners making over $150,000 per year.

What jobs make $1,000,000 a year?

Loan executives typically do not earn $1,000,000 annually; such high earnings are usually associated with top executives, successful entrepreneurs, investment bankers, or hedge fund managers. These roles often require extensive experience, advanced skills, and significant responsibility. Most high-income jobs in finance or business involve performance-based bonuses and equity stakes.

What jobs pay $500,000 a year in the US?

Loan executives or senior financial roles in banking and finance can reach annual earnings of $500,000 or more, especially with bonuses and commissions. High-level positions such as investment bankers, hedge fund managers, and chief financial officers often have compensation packages exceeding this amount, typically requiring extensive experience, advanced skills, and professional certifications. These roles usually involve significant responsibility, long hours, and a strong understanding of financial markets and regulations.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary and bonuses, depending on the employer and location. Skills in sales and knowledge of lending regulations can influence earnings.

What are the key skills and qualifications needed to thrive as a Loan Executive, and why are they important?

To thrive as a Loan Executive, you need a solid understanding of financial products, risk assessment, and regulatory compliance, often supported by a degree in finance or a related field. Familiarity with loan management software, credit analysis tools, and CRM systems is typically required. Strong interpersonal skills, attention to detail, and persuasive communication are vital for building client relationships and ensuring accurate documentation. These skills and qualities are crucial for effectively evaluating applicants, mitigating financial risk, and driving business growth.

What are Loan Executives?

Loan Executives are professionals who assist individuals and businesses in obtaining loans from banks or other financial institutions. They evaluate loan applications, assess the creditworthiness of applicants, and recommend suitable loan products. Additionally, Loan Executives guide clients through the loan process, explain terms and conditions, and ensure necessary documentation is completed. Their role is crucial in facilitating access to credit while managing risk for the lender.

What is the difference between Loan Executive vs Loan Officer?

AspectLoan ExecutiveLoan Officer
CredentialsTypically requires a bachelor's degree, relevant certifications (e.g., NMLS license), and sales experienceRequires similar certifications (e.g., NMLS license), often with a focus on sales and customer service skills
Work EnvironmentWorks in banks, financial institutions, or lending companies, engaging with clients and processing loan applicationsWorks in banks, credit unions, or mortgage companies, directly interacting with borrowers to evaluate and approve loans
Employer & Industry UsageCommonly employed in banking and financial services industry, focusing on loan sales and client managementWidely used in mortgage, auto, and personal loan sectors within financial institutions

While both roles involve assisting clients with loan applications and require similar certifications, a Loan Executive often has a broader focus on client relationship management and strategic sales, whereas a Loan Officer primarily evaluates and processes loan applications. Both roles are essential in the lending industry and share overlapping skills and work environments.

What are some common challenges faced by Loan Executives when processing loan applications?

Loan Executives often encounter challenges such as incomplete documentation, tight approval deadlines, and the need to balance customer service with regulatory compliance. Ensuring all paperwork is accurate and up-to-date while effectively communicating with clients and underwriters can be demanding. Additionally, Loan Executives must stay current on lending policies and market trends to provide the best advice and maintain a smooth approval process. Successful professionals in this role are detail-oriented, adaptable, and proactive in addressing potential issues before they delay applications.
More about Loan Executive jobs
What cities are hiring for Loan Executive jobs? Cities with the most Loan Executive job openings:
What are the most commonly searched types of Loan jobs? The most popular types of Loan jobs are:
What states have the most Loan Executive jobs? States with the most job openings for Loan Executive jobs include:
Infographic showing various Loan Executive job openings in the United States as of July 2026, with employment types broken down into 91% Full Time, 5% Part Time, and 4% Contract. Highlights an 87% Physical, 4% Hybrid, and 9% Remote job distribution, with an average salary of $93,552 per year, or $45 per hour.
Associate Loan Executive

Associate Loan Executive

Wintrust

Northbrook, IL

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 8 days ago


Wintrust rating

8.0

Company rating: 8.0 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

71st of 170 rated banks


Job description

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but also helps them better serve their clients. FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets.

Why join us?

  • An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years)

  • Competitive pay and discretionary or incentive bonus eligible

  • Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few

  • Family-friendly work hours

  • With 200+ community bank locations, we offer opportunities to grow and develop in your career

  • Promote from within culture

Why join this team?

  • We have a culture that encourages an entrepreneurial spirit

  • We offer multiple opportunities for development and upward mobility

What You'll Do:

The Associate Loan Executive will perform the daily job duties related to the accessing, running, and distributing of daily reports. Distribute emails and complete any research for various department inboxes. Provide superior, top-quality service to FIRST's internal and external customers while assisting with the accurate and timely processing of loan agreements within the team. They will also help Management when needed with any special reporting and/or projects.

  • Coordinate the execution of daily reports and delegate them out to the team on a daily basis.

  • Monitor, sort, and prioritize department inboxes, for distribution and including research related to disbursement

  • As a backup during staffing shortage - assist in processing loan agreements accurately and within required timelines

  • Verify insurance policies through communication with insurance markets

  • Track assigned task and follow up to ensure timely completion

  • Support management with special reporting and projects as needed.

  • Perform all responsibilities to internal and external customers while providing high quality, outstanding customer service.

Qualifications:

  • Prior experience in administrative, customer service, operations, banking, or finance is a plus but not required.

  • Strong written and verbal communication skills

  • High attention to detail

  • Ability to manage multiple tasks and meet deadlines

  • Comfortable working in a fast-paced, process-driven environment

  • Knowledge of Microsoft Word and Excel

  • Bachelor's degree preferred, or equivalent combination of education and experience

Benefits:

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long-term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation:

The estimatedhourly ratefor this role is $17.30 - $22.60 along with eligibility to earn an annual bonus. Actualpayrate may vary based on several factors, such as a candidate's qualifications, skills and experience

#LI-ONSITE

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.


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