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Loan Workout Officer, Experienced - Commercial Salary in New Mexico

Loan Workout Officer, Experienced - Commercial Salary in New Mexico

How much does a Loan Workout Officer, Experienced - Commercial make in New Mexico? The average Loan Workout Officer, Experienced - Commercial salary in New Mexico is $83,920 as of March 26, 2024, but the range typically falls between $72,770 and $99,340. 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 $62,619 NM March 26, 2024
25th Percentile Loan Workout Officer, Experienced - Commercial Salary $72,770 NM March 26, 2024
50th Percentile Loan Workout Officer, Experienced - Commercial Salary $83,920 NM March 26, 2024
75th Percentile Loan Workout Officer, Experienced - Commercial Salary $99,340 NM March 26, 2024
90th Percentile Loan Workout Officer, Experienced - Commercial Salary $113,379 NM March 26, 2024
25% $72,770 10% $62,619 90% $113,379 75% $99,340 $83,920 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 New Mexico

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 Sunland Park, NM Avg. Salary $79,269 Date Updated March 26, 2024
Location Abiquiu, NM Avg. Salary $84,638 Date Updated March 26, 2024
Location Alamogordo, NM Avg. Salary $81,180 Date Updated March 26, 2024
Location Albuquerque, NM Avg. Salary $85,548 Date Updated March 26, 2024
Location Alcalde, NM Avg. Salary $84,638 Date Updated March 26, 2024
Location Algodones, NM Avg. Salary $84,456 Date Updated March 26, 2024
Location Alto, NM Avg. Salary $79,815 Date Updated March 26, 2024
Location Amalia, NM Avg. Salary $84,638 Date Updated March 26, 2024
Location Amistad, NM Avg. Salary $81,999 Date Updated March 26, 2024
Location Angel Fire, NM Avg. Salary $84,638 Date Updated March 26, 2024

View Salary Data for All Nearby Cities

Arizona

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Colorado

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Texas

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About New Mexico    New Mexico (Spanish: Nuevo México Spanish pronunciation: [ˈnweβo ˈmexiko] (listen), Navajo: Yootó Hahoodzo pronounced [jòːtxó xɑ̀xʷòːtsò]) is a state ....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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