How much does a Commercial Loan Clerk make in New York? The average Commercial Loan Clerk salary in New York is $48,220 as of April 24, 2024, but the range typically falls between $42,777 and $54,601. 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.

Commercial Loan Clerk Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Clerk Salary $37,821 NY April 24, 2024
25th Percentile Commercial Loan Clerk Salary $42,777 NY April 24, 2024
50th Percentile Commercial Loan Clerk Salary $48,220 NY April 24, 2024
75th Percentile Commercial Loan Clerk Salary $54,601 NY April 24, 2024
90th Percentile Commercial Loan Clerk Salary $60,411 NY April 24, 2024
25% $42,777 10% $37,821 90% $60,411 75% $54,601 $48,220 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Clerk 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.

Microsoft Word: Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments

3.

Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).

Customer Service 7.84%
Microsoft Word 1.79%
Commercial Banking 1.33%
Others 89.04%

Job Description for Commercial Loan Clerk

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)... View full job description

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Job Openings for Commercial Loan Clerk in New York
  • Our client a top tier REIT is seeking a commercial loan administrator to join their growing team. They are seeking a skilled and detail-oriented individual...
    - 5 Days Ago
  • The Risk Manager will manage the assets within a portfolio of performing multifamily loans within the Arbor Private Label, Arbor Private Investment, and/or...
    - 2 Days Ago
  • Overview. Hudson Valley Credit Union is currently recruiting for the position of Commercial Loan Officer. Primary Function: counsel prospective commercial ...
    - 1 Day Ago
  • COMMERCIAL LOAN BROKER. REMOTE SALES. Are you looking for a lucrative opportunity to be your own boss. ROK Financial is expanding our team nationwide. We a...
    - 2 Days Ago
  • Mission Capital Advisors (Mission Capital), a subsidiary of Marcus & Millichap Capital Corporation (MMCC), is a leading loan sale advisor and due diligence...
    - 1 Day Ago

Select a city to view specific salary and bonus information for Commercial Loan Clerk

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Location Avg. Salary Date Updated
Location Brentwood, NY Avg. Salary $49,532 Date Updated April 24, 2024
Location Clay, NY Avg. Salary $44,963 Date Updated April 24, 2024
Location Henrietta, NY Avg. Salary $44,511 Date Updated April 24, 2024
Location Huntington, NY Avg. Salary $51,568 Date Updated April 24, 2024
Location Levittown, NY Avg. Salary $49,623 Date Updated April 24, 2024
Location Nassau, NY Avg. Salary $49,623 Date Updated April 24, 2024
Location New Suffolk, NY Avg. Salary $48,944 Date Updated April 24, 2024
Location Accord, NY Avg. Salary $48,311 Date Updated April 24, 2024
Location Acra, NY Avg. Salary $45,959 Date Updated April 24, 2024
Location Adams, NY Avg. Salary $44,737 Date Updated April 24, 2024

Career Path for Commercial Loan Clerk

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 Commercial Loan Clerk, the first career path typically starts with a Loan Servicing Clerk III position, and then progresses to Loan Servicing Supervisor.

Additionally, the second career path typically progresses to Commercial Loan Clerk, Sr..

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Commercial Loan Clerk Salary in New York
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