Loan Workout Officer, Experienced - Commercial Salary in Louisville, Kentucky
Loan Workout Officer, Experienced - Commercial Salary in Louisville, KY
How much does a Loan Workout Officer, Experienced - Commercial make in Louisville, KY? The average Loan Workout Officer, Experienced - Commercial salary in Louisville, KY is $87,010 as of March 26, 2024, but the range typically falls between $75,460 and $103,000. 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 | $64,944 | Louisville,KY | March 26, 2024 |
| 25th Percentile Loan Workout Officer, Experienced - Commercial Salary | $75,460 | Louisville,KY | March 26, 2024 |
| 50th Percentile Loan Workout Officer, Experienced - Commercial Salary | $87,010 | Louisville,KY | March 26, 2024 |
| 75th Percentile Loan Workout Officer, Experienced - Commercial Salary | $103,000 | Louisville,KY | March 26, 2024 |
| 90th Percentile Loan Workout Officer, Experienced - Commercial Salary | $117,558 | Louisville,KY | March 26, 2024 |
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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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Career Path for this job
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Down a level:
Commercial Loan Restructuring Officer I
0 - 2 years experience
Bachelor's Degree -
This Job:
Loan Workout Officer, Experienced - Commercial
2 - 4 years experience
Bachelor's Degree -
Up a level:
Commercial Loan Restructuring Officer III
4 - 7 years experience
Bachelor's Degree
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About Louisville, Kentucky
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Level of Education
- Loan Workout Officer, Experienced - Commercial Salaries with an Associate's Degree
- Loan Workout Officer, Experienced - Commercial Salaries with a Bachelor's Degree
- Loan Workout Officer, Experienced - Commercial Salaries with a Master's Degree or MBA
- Loan Workout Officer, Experienced - Commercial Salaries with a JD, MD, PhD or Equivalent
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About Louisville, Kentucky Louisville and Jefferson County have a combined area of 397.68 square miles (1,030.0 km2), of which 380.46 square miles (985.4 km2) is land and 17.23 ....More
Louisville, Kentucky area prices were up 1.2% from a year ago View the Cost of Living in Louisville, Kentucky
Loan Workout Officer, Experienced - Commercial Salary in popular cities: Lexington, Bowling Green, Owensboro
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