Loan Workout Officer, Experienced - Commercial Salary in the United States

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 $81,030 as of August 27, 2019, but the range typically falls between $70,260 and $95,920. 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.  View the Cost of Living in Major Cities

Popular jobs: Architect I, Biomedical Engineer I, Civil Engineer I

Salary estimation for Loan Workout Officer, Experienced - Commercial at companies like : FS BANCORP, INC., HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

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 2019 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step 1 of 3

Understand the total compensation opportunity for a Loan Workout Officer, Experienced - Commercial, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
70260
95920
81030

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
75670
113710
91990
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 $70,260 to $95,920 with the average base salary of $81,030. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $75,670 to $113,710 with the average total cash compensation of $91,990.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

70260
95920

 

Step 3 of 3

Recalculate your target pay based on your unique skills and experiences

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Loan Workout Officer, Experienced - Commercial