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Loan Workout Officer, Experienced - Commercial Salary in Alexandria, Louisiana

Loan Workout Officer, Experienced - Commercial Salary in Alexandria, LA

How much does a Loan Workout Officer, Experienced - Commercial make in Alexandria, LA? The average Loan Workout Officer, Experienced - Commercial salary in Alexandria, LA is $79,730 as of March 26, 2024, but the range typically falls between $69,140 and $94,380. 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.

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Loan Workout Officer, Experienced - Commercial Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Workout Officer, Experienced - Commercial Salary $59,498 Alexandria,LA March 26, 2024
25th Percentile Loan Workout Officer, Experienced - Commercial Salary $69,140 Alexandria,LA March 26, 2024
50th Percentile Loan Workout Officer, Experienced - Commercial Salary $79,730 Alexandria,LA March 26, 2024
75th Percentile Loan Workout Officer, Experienced - Commercial Salary $94,380 Alexandria,LA March 26, 2024
90th Percentile Loan Workout Officer, Experienced - Commercial Salary $107,718 Alexandria,LA March 26, 2024
25% $69,140 10% $59,498 90% $107,718 75% $94,380 $79,730 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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Job Openings for Loan Workout Officer, Experienced - Commercial in Alexandria, LA

Career Path for this job

  1. Down a level:

    Commercial Loan Restructuring Officer I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Loan Workout Officer, Experienced - Commercial

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Commercial Loan Restructuring Officer III

    4 - 7 years experience
    Bachelor's Degree

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

Average Base Salary

Core compensation

 
 
 
69140
94380
79730

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
74470
111850
90510
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 Alexandria, LA. The base salary for Loan Workout Officer, Experienced - Commercial ranges from $69,140 to $94,380 with the average base salary of $79,730. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $74,470 to $111,850 with the average total cash compensation of $90,510.
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69140
94380

 

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About Alexandria, Louisiana    Alexandria is the ninth-largest city in the state of Louisiana and is the parish seat of Rapides Parish, Louisiana, United States. It lies on the sout....More

Alexandria, Louisiana  area prices were up 1.2% from a year ago    View the Cost of Living in Alexandria, Louisiana

Loan Workout Officer, Experienced - Commercial Salary in popular cities: New Orleans, Baton Rouge, Shreveport

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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