As of February 01, 2025, the average annual salary for a Loan Collection Clerk III in Rapid City, SD is $48,703. Salary.com reports that pay typically ranges from $44,232 to $52,211, with most professionals earning between $40,161 and $55,404.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $58,664 | $4,889 | $1,128 | $28 |
| Average | $54,722 | $4,560 | $1,052 | $26 |
| 25th Percentile | $49,699 | $4,142 | $956 | $24 |
An entry-level Loan Collection Clerk III with under 1 year experience makes about $46,301. With less than 2 years of experience, a mid-level Loan Collection Clerk III makes around $46,632. After 2-4 years, the Loan Collection Clerk III pay rises to about $47,294. Those senior Loan Collection Clerk III with 5-8 years of experience earn roughly $49,324, and those Loan Collection Clerk III having 8 years or more experience are expected to earn about $50,257 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Collection Clerk III | $46,301 |
| Intermediate Level Loan Collection Clerk III | $46,632 |
| Senior Level Loan Collection Clerk III | $47,294 |
| Specialist Level Loan Collection Clerk III | $49,324 |
| Expert Level Loan Collection Clerk III | $50,257 |
| Entry Level | 15% |
| Mid Level | 15% |
| Senior Level | 14% |
| Top Level | 10% |
| Experienced | 8% |
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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.
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.
Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Critical Thinking
|
$55,521 |
14%
|
|
Microsoft Office
|
$55,521 |
14%
|
|
Analytical Skills
|
$54,060 |
11%
|
|
Credit Card
|
$53,086 |
9%
|
|
Customer Contact
|
$50,651 |
4%
|
|
Time Management
|
$50,651 |
4%
|
