Banking Installment Loan Clerk Salary in Memphis, Tennessee

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Average Salary for Banking Installment Loan Clerk in Memphis, Tennessee

The average salary of a(n) Banking Installment Loan Clerk in Memphis, Tennessee is $33,500.

The average hourly rate of a(n) Banking Installment Loan Clerk in Memphis, Tennessee is $16.11.

The average bonus of a(n) Banking Installment Loan Clerk in Memphis, Tennessee is $620.00.

Job Description:

Processes applications of individuals applying for loans. Ensures effective and efficient administration of installment loan by the timely and accurate processing of all documents and entries, in accordance with regulatory compliance. Assembles loan documents, handles paperwork associated with loans, and ensures all information is complete and verified. Assists in preparation of loan documents, financial statement, and loan analysis. Avoids possible loss by ensuring all loans are processed within the policies and processes established by the organization. Ensures for accurate and timely processing of loans by providing accurate computer input and filing legal documents. Maintains orderly files so that unnecessary documents are purged. Maintains a list of pending and exception items and follow-up to assure receipt and completion of assigned files. Prepares and releases forms on paid out loans. Prepares and mails loan renewal packets in a timely manner. Prepares copies of customer provided financial and legal documents as requested. Provides support by preparing all necessary loan documents accurately and within guidelines. Assists with preparation of loan documents, correspondence, periodic reports, financial statements, and loan analysis reports. Enters advances and payments. Less

Processes applications of individuals applying for loans. Ensures effective and efficient administration of installment loan by the timely and accurate processing of all documents and entries, in accordance with regulatory compliance. Assembles loan documents, handles paperwork associated with loans, and... More

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