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Loan Administrator in Providence, RI

Loan Administrator Job Description

For this role, firms look for candidates with three years of experience and a high school diploma or equivalent. Strong customer service skills, in-depth knowledge of Microsoft Excel and Word, and familiarity with financial statements and compliance documents are preferred. Candidates should also be organized and comfortable working in a fast-paced environment.

Typical loan administrator duties:

Interacting with customersAssisting the credit administration and loan administration staffGenerating documentation for loan processing and various reports for managementAssisting with other administrative tasks as needed

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Salary for Loan Administrator in Providence, RI
35700 - 51450
Low
35700
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
41475
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
51450
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Director of Operations – Financial Services 137813 169838 200025 Operations Manager - Financial Services 93713 116813 138863 Client Service Representative 59063 85838 109463 Mortgage Underwriter 64313 80063 105788 Mortgage Processor 34650 43575 59063 Loan Processor 42000 49613 62213 Performance Analyst 62475 76650 94763 Trader/Sales Assistant 55388 68250 81113

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.