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Loan Workout Officer, Experienced - Commercial Salary in Cincinnati, Ohio

Loan Workout Officer, Experienced - Commercial Salary in Cincinnati, OH

How much does a Loan Workout Officer, Experienced - Commercial make in Cincinnati, OH? The average Loan Workout Officer, Experienced - Commercial salary in Cincinnati, OH is $89,210 as of April 24, 2024, but the range typically falls between $77,360 and $105,610. 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 $66,571 Cincinnati,OH April 24, 2024
25th Percentile Loan Workout Officer, Experienced - Commercial Salary $77,360 Cincinnati,OH April 24, 2024
50th Percentile Loan Workout Officer, Experienced - Commercial Salary $89,210 Cincinnati,OH April 24, 2024
75th Percentile Loan Workout Officer, Experienced - Commercial Salary $105,610 Cincinnati,OH April 24, 2024
90th Percentile Loan Workout Officer, Experienced - Commercial Salary $120,541 Cincinnati,OH April 24, 2024
25% $77,360 10% $66,571 90% $120,541 75% $105,610 $89,210 50%(Median) Didn’t find job title? Click
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Check out Loan Workout Officer, Experienced - Commercial Job Openings in Cincinnati, Ohio

Experienced Loan Officer - Consumer Direct

Mutual of Omaha Mortgage - Columbus, OH

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Experienced Loan Officer - Consumer Direct

Mutual of Omaha Mortgage - Independence, OH

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Commercial Loan Officer

First Mutual Holding Co. - Lakewood, OH

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Mortgage Loan Officer I

Members First Credit Union - Midland, MI

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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 Cincinnati, OH
  • Mutual of Omaha Mortgage - Columbus, OH
    Job Description. Job Description. Join the winning team, with the brand recognition of a Fortune 300 company that has been in business over 100 Years. Mutu...
    - 1 Day Ago
  • Mutual of Omaha Mortgage - Independence, OH
    Job Description. Job Description. Join the winning team, with the brand recognition of a Fortune 300 company that has been in business over 100 Years. Mutu...
    - 4 Days Ago
  • First Mutual Holding Co. - Lakewood, OH
    Job TypeFull-timeDescriptionPosition Summary:The Commercial Loan Officer is responsible for commercial banking for companies up to $60 million in revenue.D...
    - 2 Days Ago
  • Members First Credit Union - Midland, MI
    Do you thrive in helping members with their home buying journey. Members First Credit Union is looking for an experienced mortgage lender to join our team ...
    - 11 Days Ago
  • The Travelers Companies, Inc. - Alpharetta, GA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 19 Days Ago

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

 
 
 
77360
105610
89210

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
83330
125150
101270
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 Cincinnati, OH. The base salary for Loan Workout Officer, Experienced - Commercial ranges from $77,360 to $105,610 with the average base salary of $89,210. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $83,330 to $125,150 with the average total cash compensation of $101,270.
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For a real-time salary target, tell us more about your role in the four categories below.

77360
105610

 

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About Cincinnati, Ohio    Cincinnati (/ˌsɪnsɪˈnæti/ SIN-sih-NAT-ee) is a major city in the U.S. state of Ohio, and is the government seat of Hamilton County. Settled in 1788, t....More

Cincinnati, Ohio  area prices were up 1.1% from a year ago    View the Cost of Living in Cincinnati, Ohio

Loan Workout Officer, Experienced - Commercial Salary in popular cities: Columbus, Cleveland, Toledo

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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