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
The Loan Clerk relies on instructions and pre-established guidelines to perform the loan servicing functions required in order to maintain the bank’s loan portfolio and serve all loan customers in an efficient and accurate manner. The primary function of this position will be to upload or review all loan documents onto the core system.
Duties
Requirements for position
The Farmers Bank of Appomattox is an FDIC Member and Equal Opportunity Employer.
Job Type: Full-time
Pay: $31,200.00 - $35,000.00 per year
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Work Location: In person