Commercial Loan Clerk jobs in Illinois

Commercial Loan Clerk processes loan payments and applies funds to customer accounts. Calculates and processes payoffs, and releases titles and insurance interest. Being a Commercial Loan Clerk calculates and prepares refunds for customers that submit overpayments. Responds to customer inquiries and requests for net payoff quotes. Additionally, Commercial Loan Clerk may require an associate degree or equivalent. Typically reports to a supervisor or manager. The Commercial Loan Clerk works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Commercial Loan Clerk typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

1
Loan Clerk
  • 1ST MIDAMERICA CREDIT
  • East Alton, IL FULL_TIME
  • Role: To administratively assist the Consumer Loan Department with member loan documents and processes.

    Essential Functions & Responsibilities:


    Reviews all loan documents generated by branch staff for proper documentation via a quality assurance process. Provide guidance to Operations staff on error resolution.

    Provides administrative support to Consumer Lending Manager. Designated back-up for Title and Insurance Administrator. Provides assistance to Home Equity Processor as assigned by manager.

    Processes loan payments as received, routinely maintain paid of loan reports, generate correspondence to members associated with title and/or lien releases.

    Collects and processes GAP/Warranty enrollment forms with insurance company. Cancels GAP/Warranty policies, posts refunds from cancellations and adjusts loan payments in core operating system. Responsible for balancing internal accounts for GAP and Warranty General Ledger entries.

    Other duties as assigned.

    Performance Measurements:

    1.
    To produce loan documents, reports, and new accounts in a timely fashion, with zero errors.

    2.
    To close, organize and complete member loan files within designated time frame.

    3.
    To maintain a working knowledge of the credit union's loan standards and governmental regulations.

    4.
    To maintain a professional, courteous, and friendly atmosphere for members and co-workers.

    5.
    To maintain a dependable record of attendance and timeliness.

    Knowledge and Skills:

    Experience
    One year to three years of similar or related experience.

    Education
    A high school education or GED.

    Interpersonal Skills
    Work involves contact with persons beyond immediate associates regarding routine matters for the purpose of giving or obtaining information which may require some discussion. Outside contacts take the form of service to the public (members or vendors), requiring ordinary courtesy in providing assistance and information.

    Other Skills
    Must have good oral and written communication skills.
    Proficient with Microsoft products (Outlook, Word, Excel)
    Proficient with 10-key calculator, typewriter, and keyboard skills.

    Disclaimer:
    Must be able to work and travel to different credit union locations as determined by management.
    This Job Description is not a complete statement of all duties and responsibilities comprising the position.
  • 3 Days Ago

F
Commercial Loan Processor
  • First Mid
  • Champaign, IL FULL_TIME
  • The Commercial Loan Processor is responsible for various operational aspects of Loan Operations including loan processing and input of consumer and commercial loans. When necessary, will also assist o...
  • 20 Days Ago

F
Commercial Loan Processor
  • First Mid
  • Mattoon, IL FULL_TIME
  • The Commercial Loan Processor is responsible for various operational aspects of Loan Operations including loan processing and input of consumer and commercial loans. When necessary, will also assist o...
  • 20 Days Ago

W
Commercial/Agriculture Loan Officer
  • Warren-Boynton State Bank
  • Berlin, IL FULL_TIME
  • Warren-Boynton State Bank serves its customers and communities by remaining a strong and stable community bank focused on providing high quality financial products and personal service. The bank has a...
  • 2 Days Ago

C
Commercial/Agricultural Loan Officer
  • CNB Bank and Trust, N.A.
  • CARROLLTON, IL FULL_TIME
  • Commercial/Ag Loan Officer Join a thriving community bank where customer service and community involvement are valued. We’re seeking a sales-oriented commercial lender with 5 years of commercial lendi...
  • 6 Days Ago

F
Commercial Loan Relationship Manager
  • First American Bank
  • Village, IL FULL_TIME
  • Job Description First American Bank was founded in Chicago, and over the years has expanded throughout Wisconsin and Florida. As the largest privately held bank in Illinois, we now have over 60 locati...
  • 7 Days Ago

T
Commercial Administrative Coordinator
  • Tadlock Roofing
  • Tampa, FL
  • Commercial Administrative Coordinator Application Deadline: 10 May 2024 Department: Operations Employment Type: Full Tim...
  • 4/26/2024 12:00:00 AM

T
Administrative Coordinator
  • Tadlock Roofing
  • Tallahassee, FL
  • Administrative Coordinator Application Deadline: 10 May 2024 Department: Administrative Employment Type: Full Time Locat...
  • 4/25/2024 12:00:00 AM

P
Commercial Loan Administrator
  • Passumpsic Savings Bank
  • Saint Johnsbury, VT
  • Job Description Job Description This position is responsible for the management, supervision and development of the comm...
  • 4/25/2024 12:00:00 AM

N
Sales Support Representative
  • Nucor Harris Rebar
  • Cincinnati, OH
  • Nucor is North America's largest recycler and most diversified steel and steel products company. Since 1969, we've led t...
  • 4/24/2024 12:00:00 AM

T
Commercial Administrative Coordinator
  • Tadlock Roofing
  • Tampa, FL
  • Job Description Job Description Description Our Commercial Administrative Coordinator plays a pivotal role in maintainin...
  • 4/23/2024 12:00:00 AM

W
Director, Commercial Project Manager
  • Webster Bank
  • Southington, CT
  • If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to...
  • 4/23/2024 12:00:00 AM

O
Asset Management Analyst
  • Oscar
  • Background: As an Analyst within the Asset Management team, you'll contribute to the commercial oversight of a substanti...
  • 4/23/2024 12:00:00 AM

T
Administrative Coordinator
  • Tadlock Roofing
  • Tallahassee, FL
  • Job Description Job Description Description Our Commercial Administrative Coordinator plays a pivotal role in maintainin...
  • 4/22/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Clerk jobs
$41,475 to $53,449