1. What is the average salary of a Commercial Loan Clerk, Sr.?
The average annual salary of Commercial Loan Clerk, Sr. is $51,984.
In case you are finding an easy salary calculator,
the average hourly pay of Commercial Loan Clerk, Sr. is $25;
the average weekly pay of Commercial Loan Clerk, Sr. is $1,000;
the average monthly pay of Commercial Loan Clerk, Sr. is $4,332.
2. Where can a Commercial Loan Clerk, Sr. earn the most?
A Commercial Loan Clerk, Sr.'s earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Commercial Loan Clerk, Sr. earns the most in San Jose, CA, where the annual salary of a Commercial Loan Clerk, Sr. is $65,240.
3. What is the highest pay for Commercial Loan Clerk, Sr.?
The highest pay for Commercial Loan Clerk, Sr. is $61,399.
4. What is the lowest pay for Commercial Loan Clerk, Sr.?
The lowest pay for Commercial Loan Clerk, Sr. is $40,286.
5. What are the responsibilities of Commercial Loan Clerk, Sr.?
Processes loan payments and applies funds to customer accounts. Calculates and processes payoffs, and releases titles and insurance interest. Calculates and prepares refunds for customers that submit overpayments. Responds to customer inquiries and requests for net payoff quotes. May require an associate degree or equivalent. Typically reports to a supervisor or manager. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience.
6. What are the skills of Commercial Loan Clerk, Sr.
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.)
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.
2.)
Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
3.)
Continuous Improvement: A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes. These efforts can seek "incremental" improvement over time or "breakthrough" improvement all at once. Delivery (customer valued) processes are constantly evaluated and improved in the light of their efficiency, effectiveness and flexibility. Some see CIPs as a meta-process for most management systems (such as business process management, quality management, project management, and program management). W. Edwards Deming, a pioneer of the field, saw it as part of the 'system' whereby feedback from the process and customer were evaluated against organisational goals. The fact that it can be called a management process does not mean that it needs to be executed by 'management'; but rather merely that it makes decisions about the implementation of the delivery process and the design of the delivery process itself.