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Banking Installment Loan Clerk Salary

$36,972 (USD)

Average Salary

$18/hr

Average Hourly

$684

Average Bonus

Last updated: May 21, 2019

Salary Recap

The average pay for a Banking Installment Loan Clerk is $36,972 a year and $18 an hour in the United States. The average salary range for a Banking Installment Loan Clerk is between $28,059 and $44,307. On average, a Bachelor's Degree is the highest level of education for a Banking Installment Loan Clerk. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

Average Salary Chart

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Job Summary

Description:
  • Processes applications of individuals applying for loans.
  • 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, handles paperwork associated with loans, and ensures all information is complete and verified.
  • Assists 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.
Banking Installment Loan Clerk Job Prevalence in the United States

Job family: Loan Interviewers and Clerks

Job family population: 227,430

Estimated population of Banking Installment Loan Clerk jobs: 12,022

Rate of error: 1.6%

Salary Potential

Estimated salary in 2024:
$42,860
5 Year Change:
16 %

Education

Skills

Skills data not available for this job

Banking Installment Loan Clerk Job Listings for United States

Loan Operations Clerk
May 6
us
Quantum National Bank
Essential Functions · Process SBA payment postings on dual systems · Process loan payments · ... Bank Secrecy Act training required
JUNIOR LOAN UNDERWRITER
May 19
Utica, NY, USA
ADIRONDACK BANK
... Bank policy. e) Generate adverse action notifications as required. 2. Provides support to Consumer Loan Originators regarding consumer installment loans, time and demand notes, overdraft credit ...
Commercial Loan Officer
Apr 9
us
PriorityOne Bank
Responsible for the production, quality and collection of a mixed loan portfolio of installment ... Participates in ongoing training of bank regulations and compliance. Supports customer service ...
Mortgage Loan Originator - Louisville
Apr 19
Louisville, Kentucky, USA
Republic Bank
... of the bank. MINIMUM QUALIFICATIONS: College degree or equivalent experience preferred. ... clerk, mortgage process, process, verify by Jobble
Commercial Loan Processor
Mar 26
Marquette, MI, USA
The Miners State Bank
... banking regulations and policies. We encourage all who are qualified and want to work with a ... Communicate with other professionals, including attorneys, county clerks and title companies ...
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