Loan Collection Clerk supports the collections group by performing routine administrative and clerical tasks. Inputs data, coordinates document distribution, and responds to customer requests related to loans. Being a Loan Collection Clerk requires a high school diploma. Typically reports to a supervisor. The Loan Collection Clerk possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)
Position Summary
A Loan Officer is responsible for helping customers research loans and navigate the application, approval and closing process. Their duties include recommending commercial and personal loan options to clients and explaining their terms, determining risks for loaning to clients based on their credit and processing paperwork. They are specialists in evaluating the financial status of a loan applicant.
Essential Duties and Responsibilities
Minimum Qualifications (Knowledge, Skills, and Abilities)
· Typical skills needed in an office environment. These include computer skills, communication skills, as well as utilization of basic office equipment.
· Solid understanding of local, state, and federal loan regulations.
· In-depth knowledge of computers and banking software.
· Outstanding interpersonal and communication skills.
Job Type: Full-time
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Ability to Relocate:
Work Location: In person
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