How much does a Loan Workout Officer, Experienced - Commercial make in Alabama? The average Loan Workout Officer, Experienced - Commercial salary in Alabama is $83,640 as of March 26, 2024, but the range typically falls between $72,540 and $99,020. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Workout Officer, Experienced - Commercial Salary | $62,434 | AL | March 26, 2024 |
25th Percentile Loan Workout Officer, Experienced - Commercial Salary | $72,540 | AL | March 26, 2024 |
50th Percentile Loan Workout Officer, Experienced - Commercial Salary | $83,640 | AL | March 26, 2024 |
75th Percentile Loan Workout Officer, Experienced - Commercial Salary | $99,020 | AL | March 26, 2024 |
90th Percentile Loan Workout Officer, Experienced - Commercial Salary | $113,023 | AL | March 26, 2024 |
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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:
Location | Avg. Salary | Date Updated |
---|---|---|
Location Georgiana, AL | Avg. Salary $80,088 | Date Updated March 26, 2024 |
Location Tanner, AL | Avg. Salary $84,638 | Date Updated March 26, 2024 |
Location Abbeville, AL | Avg. Salary $77,722 | Date Updated March 26, 2024 |
Location Abernant, AL | Avg. Salary $84,456 | Date Updated March 26, 2024 |
Location Adamsville, AL | Avg. Salary $85,002 | Date Updated March 26, 2024 |
Location Addison, AL | Avg. Salary $82,818 | Date Updated March 26, 2024 |
Location Adger, AL | Avg. Salary $84,456 | Date Updated March 26, 2024 |
Location Akron, AL | Avg. Salary $84,638 | Date Updated March 26, 2024 |
Location Alabaster, AL | Avg. Salary $84,456 | Date Updated March 26, 2024 |
Location Alberta, AL | Avg. Salary $82,363 | Date Updated March 26, 2024 |
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 |
About Alabama Alabama (/ˌæləˈbæmə/) is a state in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Flori....More
Salary estimation for Loan Workout Officer, Experienced - Commercial at companies like : Mount Hope Police Station, Master Distributor Of The Americas LLC, ExteriorPlusMO