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.
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 |
Synergy One Lending, Inc. NMLS #1907235 - Chagrin Falls, OH
Security Flex Officer (3rd Shift)
NSG, Inc. - Cincinnati, OH
Primary Residential Mortgage - Cincinnati, OH
Hamilton County Sheriff's Office - Cincinnati, OH
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)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
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 |
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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