How much does a Loan Collection Clerk III make in Iowa? The average Loan Collection Clerk III salary in Iowa is $51,258 as of March 26, 2024, but the range typically falls between $46,545 and $54,944. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Loan Collection Clerk III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Collection Clerk III Salary $42,255 IA March 26, 2024
25th Percentile Loan Collection Clerk III Salary $46,545 IA March 26, 2024
50th Percentile Loan Collection Clerk III Salary $51,258 IA March 26, 2024
75th Percentile Loan Collection Clerk III Salary $54,944 IA March 26, 2024
90th Percentile Loan Collection Clerk III Salary $58,300 IA March 26, 2024
25% $46,545 10% $42,255 90% $58,300 75% $54,944 $51,258 50%(Median) Didn’t find job title? Click
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What skills does a Loan Collection Clerk III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Customer Service 15.81%
Credit Card 2.45%
Futures 1.33%
Others 80.41%

Job Description for Loan Collection Clerk III

Loan Collection Clerk III 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 III requires a high school diploma or equivalent. Typically reports to a supervisor. The Loan Collection Clerk III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Loan Collection Clerk III typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Collection Clerk III in Iowa

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Location Avg. Salary Date Updated
Location Ackley, IA Avg. Salary $49,062 Date Updated March 26, 2024
Location Ackworth, IA Avg. Salary $51,740 Date Updated March 26, 2024
Location Adair, IA Avg. Salary $51,472 Date Updated March 26, 2024
Location Adel, IA Avg. Salary $51,632 Date Updated March 26, 2024
Location Afton, IA Avg. Salary $51,472 Date Updated March 26, 2024
Location Agency, IA Avg. Salary $51,150 Date Updated March 26, 2024
Location Ainsworth, IA Avg. Salary $50,775 Date Updated March 26, 2024
Location Akron, IA Avg. Salary $47,187 Date Updated March 26, 2024
Location Albert City, IA Avg. Salary $47,133 Date Updated March 26, 2024
Location Albia, IA Avg. Salary $51,472 Date Updated March 26, 2024

Career Path for Loan Collection Clerk III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Collection Clerk III, the first career path typically starts with a Consumer Loan Collection Supervisor I position, and then Consumer Loan Collection Supervisor II.

The second career path typically progresses to Consumer Loan Collection/Recovery Supervisor.

Additionally, the third career path typically starts with a Mortgage Collection Supervisor I position, and then progresses to Mortgage Collection Supervisor II.

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Loan Collection Clerk III Salary in Iowa
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