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Senior Loan Jobs in Basking Ridge, NJ (NOW HIRING)

Magyar Bancorp

Sr. Loan Processor

New Brunswick, NJ · On-site

$29.50 - $37/hr

Some college preferred License(s) Required NMLS Compensation $29.50 - $37.00 / Hourly Hours Per Week 40 Number Of Positions 1 Shift First Shift (Day) The Sr. Loan Processor will be responsible for ...

Asset Based Lending LLC

Loan Officer

Jersey City, NJ · On-site

$50K/yr

You will work alongside our Senior Loan Officers to develop an in-depth knowledge of the industry while partnering with real estate investors to develop creative financing solutions that will help ...

SitusAMC

AVP, CRE Loan Administration

New York, NY · On-site

Support Senior Loan Administrators in the day-to-day administration of assigned loans, including communication with Borrowers and Lenders/Investors and Client * Analyzing and interpreting loan ...

SitusAMC

Senior Analyst

New York, NY · On-site

$96K - $127K/yr

Key Responsibilities Senior Loan Syndication • Support syndication of senior commercial real estate loans to bank, insurance company, and institutional investor counterparties. • Prepare ...

Fulton Bank

Senior Mortgage Loan Officer

Edison, NJ · On-site

Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them ...

Fulton Bank

Senior Mortgage Loan Officer

Edison, NJ · On-site

Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them ...

Fulton Bank

Senior Mortgage Loan Officer

Edison, NJ

Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them ...

Fulton Bank

Senior Mortgage Loan Officer

Edison, NJ · On-site

Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them ...

U.S. Bank

Loan Capital Markets - Analyst

New York, NY · On-site

$41K - $55K/yr

Supports senior loan syndicators in the origination and structuring of corporate syndicated loans, including commercial paper backup facilities, revolving credit facilities, term loans and ...

US Bank

Loan Capital Markets - Analyst

New York, NY · On-site

$41K - $55K/yr

Supports senior loan syndicators in the origination and structuring of corporate syndicated loans, including commercial paper backup facilities, revolving credit facilities, term loans and ...

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All JobsLoan JobsSenior Loan JobsSenior Loan Jobs in Basking Ridge, NJ

Senior Loan information

See Basking Ridge, NJ salary details

$25.8K

$82.7K

$168.5K

How much do senior loan jobs pay per year?

As of Sep 12, 2026, the average yearly pay for senior loan in Basking Ridge, NJ is $82,740.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,800.00 and $106,100.00 per year, depending on experience, location, and employer.

What is the difference between Senior Loan vs Loan Officer?

AspectSenior LoanLoan Officer
CredentialsTypically requires experience in lending, possibly advanced certificationsRequires licensing (e.g., NMLS), relevant financial knowledge
Work EnvironmentOften in banks, credit unions, or financial institutions; involved in complex loan processesFrontline role interacting directly with clients to originate loans
Employer & Industry UsageUsed in banking and financial sectors for experienced lending staffCommon in mortgage, retail banking, and commercial lending

The main difference is that a Senior Loan typically has more experience and handles complex lending cases, while a Loan Officer focuses on client interactions and loan origination. Both roles are essential in the lending process but differ in responsibilities and experience levels.

How do you become a senior loan officer?

To become a senior loan officer, individuals typically need a bachelor's degree in finance, business, or a related field, along with several years of experience in loan processing or underwriting. Professional certifications such as the Mortgage Loan Originator (MLO) license or similar credentials can enhance prospects, and strong analytical, communication, and customer service skills are essential for advancement.

What does a senior loan officer do?

A senior loan officer evaluates and authorizes loan applications for individuals or businesses, assessing creditworthiness and financial information. They guide clients through the loan process, ensure compliance with lending policies, and often use specialized software to process applications. Strong communication skills and knowledge of lending regulations are essential for this role.

What cities near Basking Ridge, NJ are hiring for Senior Loan jobs?

Cities near Basking Ridge, NJ with the most Senior Loan job openings:

Senior Loan jobs near you

Sr. Loan Processor

New Brunswick, NJ • On-site

Magyar Bancorp
51 - 200 employees
Learn more about Magyar Bancorpexternal

$29.50 - $37/hr

Other

Re-posted 24 days ago

Job description

Minimum Education Required

High School Diploma or GED; Some college preferred

License(s) Required

NMLS

Compensation

$29.50 - $37.00 / Hourly

Hours Per Week

40

Number Of Positions

1

Shift

First Shift (Day)

Job Description

The Sr. Loan Processor will be responsible for processing first mortgage applications and consumer loans in accordance with all applicable federal and state guidelines.

Process residential first and second mortgage, personal & auto loan applications in accordance with all investor requirements, federal and state regulations

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Verify and calculate financial information to determine applicant eligibility with respect to the Bank’s risk and salability to Secondary Market. Investigate credit depository and all other financial data

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Request information and follows up with all necessary paperwork within established timeframes

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Review eligibility of applications received from mortgage lenders. Keep lenders informed of status of loan applications in process. Reviews documents and interacts with customers to process applications. Ensure applications are processed within established timeframes. Maintain contact with customers whose applications are in process. Interact with attorneys and realtors as needed

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Update loan origination computer system and file documentation as needed. Ensure integrity of the data entered into the loan origination system

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Maintain a current knowledge of all Federal and State regulations pertaining to lending, including but not limited to compliance with FNMA, FHLMC, and PMI

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Review and monitor expiration of file documentation. Update documentation and files as needed. Update documents to comply with investors’ aging requirements.

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Function as backup for Sr. Loan Closing Rep and Loan Officer as required

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Maintain compliance while performing all job functions

Place of Work

On-site

Requisition ID

MBSLPR01

Job Type

Full Time

Application Email

humanresources@magbank.com

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