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Loan Operations Assistant Jobs in Rhode Island (NOW HIRING)

Credit Risk Specialist

Westerly, RI · On-site

$50K - $65K/yr

This position is responsible for supporting the Bank's commercial lending operations through loan ... Identify documentation exceptions and assist in resolving outstanding issues. * Ensure loan files ...

Credit Risk Specialist

Westerly, RI · On-site

$50K - $65K/yr

This position is responsible for supporting the Bank's commercial lending operations through loan ... Identify documentation exceptions and assist in resolving outstanding issues. * Ensure loan files ...

Closing consumer loans * Making referrals to other bank business lines and third-party partners ... her Assistant Branch Manager, Branch Manager, Regional Manager, or if necessary, Retail ...

Closing consumer loans * Making referrals to other bank business lines and third-party partners ... her Assistant Branch Manager, Branch Manager, Regional Manager, or if necessary, Retail ...

DevOps Engineer

Warwick, RI · On-site

$93.40 - $140.20/hr

... * Assist with the planning, deployment, and maintenance of enterprise IT infrastructure ... Student loan matching program InsureMyTrip is an equal-opportunity employer. is an equal ...

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Loan Operations Assistant information

See Rhode Island salary details

$10

$19

$30

How much do loan operations assistant jobs pay per hour?

As of Sep 1, 2026, the average hourly pay for loan operations assistant in Rhode Island is $19.41, according to ZipRecruiter salary data. Most workers in this role earn between $15.05 and $21.88 per hour, depending on experience, location, and employer.

What is a loan operations assistant?

Loan Operations Assistants are professionals who support the daily administrative and operational tasks related to processing loans at financial institutions. Their responsibilities often include preparing loan documents, verifying customer information, maintaining records, and ensuring compliance with regulatory requirements. They work closely with loan officers, customers, and other departments to facilitate smooth loan processing. Attention to detail, organizational skills, and knowledge of banking procedures are essential for this role.

What skills and qualifications are needed to be a loan operations assistant?

To thrive as a Loan Operations Assistant, you need strong attention to detail, knowledge of loan processing procedures, and a background in finance or banking, often supported by a relevant associate’s degree. Familiarity with loan origination software, document management systems, and banking compliance tools is typically required. Excellent organizational skills, clear communication, and the ability to handle confidential information with discretion are essential soft skills for this role. These skills ensure accurate loan processing, regulatory compliance, and efficient support to both clients and lending teams.

What challenges does a loan operations assistant face, and how can they be addressed?

Loan Operations Assistants often face challenges such as managing high volumes of loan documentation, ensuring accuracy under tight deadlines, and navigating evolving regulatory requirements. Staying organized and detail-oriented is key, as even minor errors can delay funding or compliance. Building strong communication with loan officers, underwriters, and clients helps to streamline processes and resolve issues quickly. Many organizations also offer training and mentorship to help assistants stay current with industry standards and improve efficiency.

What is the difference between Loan Operations Assistant vs Loan Processor?

AspectLoan Operations AssistantLoan Processor
CredentialsBasic financial knowledge, sometimes certifications like loan processing or banking coursesSimilar credentials, often with additional certifications or experience in loan documentation
Work EnvironmentSupportive office setting within banks or lending companiesOffice environment focused on reviewing and verifying loan applications
Employer & Industry UsageCommonly employed in banking, mortgage, and lending institutionsPrimarily in mortgage and loan companies, handling application processing
Search & Comparison IntentUnderstanding support roles in loan processingDetails on loan application review and approval process

The main difference between a Loan Operations Assistant and a Loan Processor lies in their responsibilities. The Loan Operations Assistant provides administrative and support functions within the loan process, while the Loan Processor actively reviews and verifies loan applications to facilitate approval. Both roles require similar credentials and are found in banking and lending environments, but their focus areas differ slightly.

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

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

Infographic showing various Loan Operations Assistant job openings in Rhode Island as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 13% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $40,369 per year, or $19.4 per hour.

Operations Support Assistant (Part-Time)

Embrace Home Loans

Middletown, RI • On-site

Other

Posted 12 days ago


Job description

Operations Support Assistant (Part-Time)

Part-time positions are not to exceed 25 hours per week

Location: Middletown, RI

Department: Operations Support

Reports To: VP Operation Support

FLSA Status: Non-Exempt

Business Unit: Credit Operations

Position Summary

Operations Support is responsible for providing oversight and communication around certain specialized state and county housing finance programs, besides special investor programs. These HFA agencies, like the GSE's and government loan programs, change guidelines and introduce new programs or documents that require constant updating, often needing to be acted upon immediately. These changes need to be communicated in a timely manner and our internal support resources updated accordingly.

Knowledge, Experience and Skills Required

Technical Knowledge, Years of Related Experience, Skills, Licenses, and Systems Experience

  1. Education: College degree or equivalent experience.
  2. Experience: Prior mortgage industry experience is highly preferred, specifically, Underwriting or Loan Processing experience.
  3. Skills: Strong time management and organizational skills, computer skills, ability and willingness to accept agency and investor guidelines. Detail oriented, independent thinker, strong interpersonal, problem solving and analytical skills.
  4. License: N/A.
  5. Systems: Proficiency with Microsoft Office Suite. Empower LOS experience is a plus.

Responsibilities

To update/maintain and help create job aids/checklists for the educating and training of LO's, Processor's, UW's and CO's/PCA's on loan program eligibility, document updates and process changes (with the HFA or internally). This includes validating links to particular websites or items on the posted support materials are still functional. Communicate with Processors, Underwriters, Loan Officers, Closers/PCA's and certain Operations Teammates while assisting with the various program eligibility maintenance activities. To provide training information for staff that need it, plus maintain tracking annual retraining completions. To assist with annual renewal activities when necessary and tracking of maintaining HFA approval. To provide coverage for Support Desk activities, including certain certificate issuances and commitment letter processing. To assist EHL management in any other projects or information gathering to further corporate goals.

Training Required

Participate in additional training on sales, technology, products, procedures and pricing on an ongoing basis. Complete annual training as required by company policy and law on an annual basis in a timely manner.

Specific Activities

Attend and participate in all Monthly Awards Ceremonies, Corporate Gatherings & Training Events. Read all newsletters and bulletins to remain current on corporate policies, procedures, and developments.

Competencies

Empowered: Operate effectively, even when things are not certain or the way forward is not clear.

Accountable: Take personal responsibility for decisions, actions, and failures and keep open to coaching, feedback and self-development.

Customer Focused: Build strong customer relationships and delivers customer-centric solutions

Collaborative: Work cooperatively with others across the organization to achieve shared objectives.

Communicative: Provide timely and helpful information to customers and teammates across the organization, verbally or in writing.

Tech Savvy: Adopt new technologies with a sense of vigor and excitement.

Measurements of Success

Effective communication with all departments

Ability to easily adapt to situations to assess the needs of each department

Customer Satisfaction

Work Environment and Demands

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment: Office

Possible Work Hazards: Minimal

Physical Demands: Light

This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. All employees are expected to perform tasks as assigned by supervisory personnel, regardless of job title or routine job duties.

Embrace Home Loans is an Equal Opportunity and ADA compliant Employer, committed to diversity in the workplace.