Collateral clerk vs clerk

The differences between collateral clerks and clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a collateral clerk, becoming a clerk takes usually requires 1-2 years. Additionally, a collateral clerk has an average salary of $34,476, which is higher than the $31,163 average annual salary of a clerk.

The top three skills for a collateral clerk include customer service, data entry and customer accounts. The most important skills for a clerk are basic math, math, and data entry.

Collateral clerk vs clerk overview

	Collateral Clerk	Clerk
Yearly salary	$34,476	$31,163
Hourly rate	$16.57	$14.98
Growth rate	-5%	-5%
Number of jobs	66,388	80,311
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 33%
Average age	51	47
Years of experience	6	2

Collateral clerk vs clerk salary

Collateral clerks and clerks have different pay scales, as shown below.

	Collateral Clerk	Clerk
Average salary	$34,476	$31,163
Salary range	Between $24,000 And $48,000	Between $24,000 And $39,000
Highest paying City	-	Washington, DC
Highest paying state	-	New Hampshire
Best paying company	-	University of Massachusetts Boston
Best paying industry	-	Health Care

Differences between collateral clerk and clerk education

There are a few differences between a collateral clerk and a clerk in terms of educational background:

	Collateral Clerk	Clerk
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 33%
Most common major	Business	Business
Most common college	University of Pennsylvania	Western Carolina University

Collateral clerk vs clerk demographics

Here are the differences between collateral clerks' and clerks' demographics:

	Collateral Clerk	Clerk
Average age	51	47
Gender ratio	Male, 21.2% Female, 78.8%	Male, 34.1% Female, 65.9%
Race ratio	Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.9% American Indian and Alaska Native, 0.6%	Black or African American, 9.9% Unknown, 4.7% Hispanic or Latino, 21.1% Asian, 7.7% White, 55.6% American Indian and Alaska Native, 1.1%
LGBT Percentage	7%	6%

Differences between collateral clerk and clerk duties and responsibilities

Collateral clerk example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Compile and organize client data for taxation and litigation purposes; reconcile bank statements.

Clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Manage orthopedic accounts regarding payment posting through IDX medical systems.
Administer financial bookkeeping by way of QuickBooks.
Bank reconciliation in QuickBooks and assist bookkeeper when need.
Maintain a high level of confidentiality as required by HIPAA.
Call DMV's and dealerships when liens are not perfect.

Collateral clerk vs clerk skills

Common collateral clerk skills

Customer Service, 29%
Data Entry, 24%
Customer Accounts, 22%
UCC, 14%
Loan Payments, 12%

Common clerk skills

Basic Math, 18%
Math, 10%
Data Entry, 10%
Customer Service, 9%
Cleanliness, 8%
POS, 5%