Senior Commercial Loan Processor Salary at Clear Mountain Bank Ltd BETA

How much does a Clear Mountain Bank Ltd Senior Commercial Loan Processor make?

As of January 2025, the average annual salary for a Senior Commercial Loan Processor at Clear Mountain Bank Ltd is $47,004, which translates to approximately $23 per hour. Salaries for Senior Commercial Loan Processor at Clear Mountain Bank Ltd typically range from $41,224 to $54,512, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Clear Mountain Bank Ltd Overview

Website:
clearmountainbank.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

For well over 100 years, Clear Mountain Bank has been known for their friendly and professional hometown service and a dedication to helping the local communities grow. Clear Mountain Bank offers a complete line of mortgage products. Whether buying, building, refinancing or looking for a vacation hideaway, they have the loan to suit the need. Recently, Clear Mountain Bank was honored to announce it had once again earned BauerFinancial Inc.'s highest 5-Star Superior rating. Earning and maintaining Bauer's highest rating for the most recent 50 consecutive quarters, Clear Mountain Bank has also put itself in the higher echelon of "Exceptional Performance Banks," a designation reserved for institutions that have earned this Top 5-Star rating for ten years or longer.

See similar companies related to Clear Mountain Bank Ltd

What Skills Does a person Need at Clear Mountain Bank Ltd?

At Clear Mountain Bank Ltd, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Commercial Loans: A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank. It is typically used to fund major capital expenditures and/or cover operational costs that the company may otherwise be unable to afford.
  2. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  3. Loan Processing: The steps taken by an institution lender from the time a request for a loan application is received to the time the loan is approved or denied, including taking the application, credit investigation, evaluation of the loan and other steps.
  4. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  5. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.

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Check more jobs information at Clear Mountain Bank Ltd

Job Title Average Clear Mountain Bank Ltd Salary Hourly Rate
2 Bookkeeping Clerk $38,240 $18
3 Branch Manager $64,368 $31
4 Commercial Loan Officer $62,521 $30
5 Commercial Loan Processor $44,865 $22
6 Compliance Analyst $83,055 $40
7 Compliance Officer $80,606 $39
8 Teller II $31,407 $15
9 Vice President, Commercial Lending $237,255 $114
10 Assistant Vice President $55,443 $27
11 Business Banking Specialist $58,934 $28
12 Business Development Specialist $93,071 $45
13 Commercial Lender $44,865 $22

Hourly Pay at Clear Mountain Bank Ltd

The average hourly pay at Clear Mountain Bank Ltd for a Senior Commercial Loan Processor is $23 per hour. The location, department, and job description all have an impact on the typical compensation for Clear Mountain Bank Ltd positions. The pay range and total remuneration for the job title are shown in the table below. Clear Mountain Bank Ltd may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $47,004 look to you?

FAQ about Salary and Jobs at Clear Mountain Bank Ltd

1. How much does Clear Mountain Bank Ltd pay per hour?
The average hourly pay is $23. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Clear Mountain Bank Ltd?
According to the data, the highest approximate salary is about $54,512 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Clear Mountain Bank Ltd?
According to the data, the lowest estimated salary is about $41,224 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.