How much does a Loan Servicing Clerk III make in New Jersey? The average Loan Servicing Clerk III salary in New Jersey is $53,776 as of February 26, 2024, but the range typically falls between $45,301 and $62,151. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Servicing Clerk III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Servicing Clerk III Salary $37,584 NJ February 26, 2024
25th Percentile Loan Servicing Clerk III Salary $45,301 NJ February 26, 2024
50th Percentile Loan Servicing Clerk III Salary $53,776 NJ February 26, 2024
75th Percentile Loan Servicing Clerk III Salary $62,151 NJ February 26, 2024
90th Percentile Loan Servicing Clerk III Salary $69,776 NJ February 26, 2024
25% $45,301 10% $37,584 90% $69,776 75% $62,151 $53,776 50%(Median) Didn’t find job title? Click
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Parts Stock Clerk

Hedy Holmes Staffing Services - Elk Grove, CA

General Clerk III

Vali Incorporated - Fort Lee, VA

What skills does a Loan Servicing Clerk III need?

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.

General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

3.

Loan Review: Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

Customer Service 0.68%
General Ledger 0.14%
Loan Review 0.11%
Others 99.07%

Job Description for Loan Servicing Clerk III

Loan Servicing Clerk III performs routine loan servicing administrative tasks. Processes payments, disbursements, changes, and other transactions. Being a Loan Servicing Clerk III verifies the completeness and accuracy of documents. Performs calculations for distributions. Additionally, Loan Servicing Clerk III monitors escrow payments and tracks delinquencies. Researches customer and internal inquiries and delivers a response or solution. Maintains required electronic files and system inputs. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Loan Servicing Clerk III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Loan Servicing Clerk III typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Servicing Clerk III in New Jersey

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $55,296 Date Updated February 26, 2024
Location Bergenfield, NJ Avg. Salary $56,272 Date Updated February 26, 2024
Location Bloomfield, NJ Avg. Salary $56,321 Date Updated February 26, 2024
Location East Brunswick, NJ Avg. Salary $55,227 Date Updated February 26, 2024
Location Hoboken, NJ Avg. Salary $57,396 Date Updated February 26, 2024
Location Irvington, NJ Avg. Salary $55,296 Date Updated February 26, 2024
Location Lakewood, NJ Avg. Salary $54,510 Date Updated February 26, 2024
Location Middlesex, NJ Avg. Salary $54,807 Date Updated February 26, 2024
Location Passaic, NJ Avg. Salary $56,321 Date Updated February 26, 2024
Location Union, NJ Avg. Salary $55,296 Date Updated February 26, 2024

Career Path for Loan Servicing Clerk III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Servicing Clerk III, the upper level is Loan Servicing Supervisor and then progresses to Loan Servicing Manager.

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Loan Servicing Clerk III Salary in New Jersey
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