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How much does a Loan Workout Officer, Experienced - Commercial make in the United States? The average Loan Workout Officer, Experienced - Commercial salary in the United States is $91,010 as of March 26, 2024, but the range typically falls between $78,930 and $107,740. 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.

Loan Workout Officer, Experienced - Commercial Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Workout Officer, Experienced - Commercial Salary $67,932 US March 26, 2024
25th Percentile Loan Workout Officer, Experienced - Commercial Salary $78,930 US March 26, 2024
50th Percentile Loan Workout Officer, Experienced - Commercial Salary $91,010 US March 26, 2024
75th Percentile Loan Workout Officer, Experienced - Commercial Salary $107,740 US March 26, 2024
90th Percentile Loan Workout Officer, Experienced - Commercial Salary $122,972 US March 26, 2024
25% $78,930 10% $67,932 90% $122,972 75% $107,740 $91,010 50%(Median) Didn’t find job title? Click
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Job Description

The Loan Workout Officer, Experienced - Commercial negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Restructures problem loans for commercial clients. Being a Loan Workout Officer, Experienced - Commercial typically requires a bachelor's degree. Works with loans of moderate size and complexity. In addition, Loan Workout Officer, Experienced - Commercial typically reports to a manager or head of a unit/department. Being a Loan Workout Officer, Experienced - Commercial gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Loan Workout Officer, Experienced - Commercial typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Average Base Salary

Core compensation

 
 
 
78930
107740
91010

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85010
127680
103320
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Officer, Experienced - Commercial in the United States. The base salary for Loan Workout Officer, Experienced - Commercial ranges from $78,930 to $107,740 with the average base salary of $91,010. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,010 to $127,680 with the average total cash compensation of $103,320.
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78930
107740

 

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Salary estimation for Loan Workout Officer, Experienced - Commercial at companies like : Mount Hope Police Station, Master Distributor Of The Americas LLC, ExteriorPlusMO

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