Commercial Loan Workout Officer II Salary in Santa Maria, California
Commercial Loan Workout Officer II Salary in Santa Maria, CA
How much does a Commercial Loan Workout Officer II make in Santa Maria, CA? The average Commercial Loan Workout Officer II salary in Santa Maria, CA is $99,420 as of April 24, 2024, but the range typically falls between $86,217 and $117,697. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Commercial Loan Workout Officer II Salary | $74,196 | Santa Maria,CA | April 24, 2024 |
| 25th Percentile Commercial Loan Workout Officer II Salary | $86,217 | Santa Maria,CA | April 24, 2024 |
| 50th Percentile Commercial Loan Workout Officer II Salary | $99,420 | Santa Maria,CA | April 24, 2024 |
| 75th Percentile Commercial Loan Workout Officer II Salary | $117,697 | Santa Maria,CA | April 24, 2024 |
| 90th Percentile Commercial Loan Workout Officer II Salary | $134,338 | Santa Maria,CA | April 24, 2024 |
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What skills does a Commercial Loan Workout Officer II 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
Digital Transformation: The process of creating new or modifying existing non-digital business processes and services using digital technologies to meet the evolving market and customer needs.
Job Description for Commercial Loan Workout Officer II
Commercial Loan Workout Officer II restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer II works with loans of moderate size and complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer II typically reports to a manager or head of a unit/department. The Commercial Loan Workout Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Workout Officer II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Cornerstone Lending Group Inc. - Irvine, CAWe are currently seeking a Commercial Loan Officer to join our team at Cornerstone Lending Group, a mortgage brokerage specializing in multifamily, commerc...- 5 Days Ago
Career Path for Commercial Loan Workout Officer II
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 Workout Officer II, the first career path typically starts with a Commercial Loan Workout Officer III position, and then progresses to Commercial Loan Workout Officer IV.
Additionally, the second career path typically starts with a Loan Workout Officer III position, and then progresses to Banking & Commercial Loan Workout Manager.
What does a Commercial Loan Workout Officer II do?
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Commercial Loan Workout Officer II Pay Difference by Location
Commercial Loan Workout Officer II salary varies from city to city. Compared with national average salary of Commercial Loan Workout Officer II, the highest Commercial Loan Workout Officer II salary is in San Francisco, CA, where the Commercial Loan Workout Officer II salary is 25.0% above. The lowest Commercial Loan Workout Officer II salary is in Miami, FL, where the Commercial Loan Workout Officer II salary is 3.5% lower than national average salary.
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About Santa Maria, California
Similar Jobs to Commercial Loan Workout Officer II
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer II | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Level of Education for Commercial Loan Workout Officer II
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer II salary of your education level.
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About Santa Maria, California Santa Maria is a city near the Southern California coast in Santa Barbara County. It is approximately 65 miles (105 km) northwest of Santa Barbara and....More
Santa Maria, California area prices were up 2.5% from a year ago View the Cost of Living in Santa Maria, California
Commercial Loan Workout Officer II Salary in popular cities: Los Angeles, San Diego, San Jose
Skills associated with Commercial Loan Workout Officer II: Loan Software, Negotiation, Banking Software, Debt Restructuring ...More
Salary estimation for Commercial Loan Workout Officer II at companies like : Patton Elementary School, Spring Communication Holding, Hempstead Hispanic Civic Assoc Inc
