Commercial Loan Processing Clerk Career


Career Description

The job of a commercial loan processing clerk is very important in loan disbursement because he or she is responsible for processing the loan documents after getting it approved from the commercial loan processing manager. The loan payments to be done by the bank to the client, track of interest payments, etc are the job functions of a commercial loan processing clerk.

How to become a Commercial Loan Processing Clerk:

To become a commercial loan processing clerk, the candidate should be aware of the process followed by banks while processing loan proposals and disbursing payments. So candidates with educational background and work experience in finance would be preferred for this role.

Commercial Loan Processing Clerk career courses, training, programs:

There are many career courses and training programs that train students on how to become an effective commercial loan processing clerk. Students should choose these courses according to their convenience and make utilization of the same.

Commercial Loan Processing Clerk career schools/colleges, education:

Various colleges and universities in the United States offer courses in finance and banking that can make students aware of all the job requirements and nurture their knowledge in the field of banking.

Top 5 colleges/universities:

Liberty University

Bryant & Stratton College

Jones International University

North Central University

Baker College Online

Commercial Loan Processing Clerk job opportunities, salaries, recruitment:

Candidates who would want to pursue their career as a commercial loan processing clerk can find opportunities to work in this position in sectors like banking and financial services. It would be greatly valuable if the candidates can strengthen their candidature with at least 1-4 years of work experience in the field of banking or financial services. According to the salary estimates of National Salary data and released by Pay Scale, the annual compensation of a commercial loan processing clerk can range from $25,000 to $48,000 with the median salary being $34,000 per year approximately.

Category: Banking Careers

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