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Loan Workout Officer, Experienced - Commercial Salary in Connecticut

Loan Workout Officer, Experienced - Commercial Salary in Connecticut

How much does a Loan Workout Officer, Experienced - Commercial make in Connecticut? The average Loan Workout Officer, Experienced - Commercial salary in Connecticut is $97,750 as of March 26, 2024, but the range typically falls between $84,770 and $115,720. 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.

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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 $72,952 CT March 26, 2024
25th Percentile Loan Workout Officer, Experienced - Commercial Salary $84,770 CT March 26, 2024
50th Percentile Loan Workout Officer, Experienced - Commercial Salary $97,750 CT March 26, 2024
75th Percentile Loan Workout Officer, Experienced - Commercial Salary $115,720 CT March 26, 2024
90th Percentile Loan Workout Officer, Experienced - Commercial Salary $132,081 CT March 26, 2024
25% $84,770 10% $72,952 90% $132,081 75% $115,720 $97,750 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 Connecticut

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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Select a city to view specific salary and bonus information for Loan Workout Officer, Experienced - Commercial

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Location Avg. Salary Date Updated
Location New London, CT Avg. Salary $97,015 Date Updated March 26, 2024
Location Norwich, CT Avg. Salary $97,198 Date Updated March 26, 2024
Location West Haven, CT Avg. Salary $98,199 Date Updated March 26, 2024
Location Abington, CT Avg. Salary $96,105 Date Updated March 26, 2024
Location Amston, CT Avg. Salary $97,289 Date Updated March 26, 2024
Location Andover, CT Avg. Salary $97,653 Date Updated March 26, 2024
Location Ansonia, CT Avg. Salary $98,199 Date Updated March 26, 2024
Location Ashford, CT Avg. Salary $96,105 Date Updated March 26, 2024
Location Avon, CT Avg. Salary $97,835 Date Updated March 26, 2024
Location Ballouville, CT Avg. Salary $96,014 Date Updated March 26, 2024

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Massachusetts

Loan Workout Officer, Experienced - Commercial Salaries in Pittsfield, Massachusetts
Loan Workout Officer, Experienced - Commercial Salaries in Springfield, Massachusetts
Loan Workout Officer, Experienced - Commercial Salaries in Worcester, Massachusetts

New York

Loan Workout Officer, Experienced - Commercial Salaries in Poughkeepsie, New York

Rhode Island

Loan Workout Officer, Experienced - Commercial Salaries in Providence, Rhode Island

About Connecticut    Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. Th....More

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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