Salary Survey Summary Data for Banking Installment Loan Clerk

The summary data provided is a sampling of ERI's Salary Assessor^® database. The average salary figures below are for base compensation. The Salary Assessor covers 5,700 job titles and 7,000 geographic locations. To download a demo of the Salary Assessor, please use the form to the right.

Job Description: Ensures effective and efficient administration of installment loan by the timely and accurate processing of all documents and entries, in accordance with regulatory compliance. Assembles loan documents, processes paperwork associated with loans, and ensures all information is complete and verified. Provides support in preparation of loan documents, financial statement, and loan analysis. Avoids possible loss by ensuring all loans are processed within the policies and processes established by the organization. A combination of three to six months of directly related training and/or experience is typically required for carrying out the responsibilities for this job.: Ensures for accurate and timely processing of loans by providing accurate computer input and filing legal documents. Maintains orderly files so that unnecessary documents are purged. Maintains a list of pending and exception items and follow-up to assure receipt and completion of assigned files. Prepares and releases forms on paid out loans. Prepares and mails loan renewal packets in a timely manner. Prepares copies of customer provided financial and legal documents as requested. Provides support by preparing all necessary loan documents accurately and within guidelines. Assists with preparation of loan documents, correspondence, periodic reports, financial statements, and loan analysis reports. Enters advances and payments. hide...show full description

Average Salary Data By Location

Atlanta, GA Boston, MA Charlotte, NC Chicago, IL Houston, TX Los Angeles, CA New York-Manhattan, NY Orlando, FL Philadelphia, PA Phoenix, AZ

Average Salary 28,223     Average Salary 31,270     Average Salary 26,949     Average Salary 34,093     Average Salary 32,055     Average Salary 28,884     Average Salary 31,467     Average Salary 28,303     Average Salary 33,403     Average Salary 28,582

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