Commercial Loan Clerk, Sr. processes loan payments and applies funds to customer accounts. Calculates and processes payoffs, and releases titles and insurance interest. Being a Commercial Loan Clerk, Sr. calculates and prepares refunds for customers that submit overpayments. Responds to customer inquiries and requests for net payoff quotes. Additionally, Commercial Loan Clerk, Sr. may require an associate degree or equivalent. Typically reports to a supervisor or manager. The Commercial Loan Clerk, Sr. works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Commercial Loan Clerk, Sr. typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)
Description
General Job Summary
The Loan Counselor is responsible for collecting delinquent loan payments to minimize delinquencies and foreclosures. Typically handles loans in early stages of delinquency.
Summary of Essential Job Functions
Other Job Functions
Requirements
Education, Training and Work Experience
Knowledge, Skills and Abilities
Working Environment
Primary working environment is within an indoor climate-controlled office space. Employee may be subject to florescent lighting, dust, and other normal indoor-allergens. Employee will work in close proximity of coworkers and occasionally independently in quiet environments.
Physical Requirements
**University Bank is an Equal Opportunity / Affirmative Action Employer**
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