Commercial Loan Workout Officer I Salary in the United States

Commercial Loan Workout Officer I Salary

How much does a Commercial Loan Workout Officer I make in the United States? The average Commercial Loan Workout Officer I salary in the United States is $63,184 as of April 26, 2022, but the range typically falls between $58,242 and $72,995. 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. 

Recently searched related titles: Experiential Designer

Salary Salary + Bonus Benefits How To Become
Based on HR-reported data: a national average with a geographic differential
View as graph View as table
25% $58,242 10% $53,741 90% $81,927 75% $72,995 $63,184 50%(Median)

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

Employees: View your Salary

Change Search Criteria
Check out Commercial Loan Workout Officer jobs in Virginia

Loan Officer

Capital Impact Partners - Arlington, VA

Apply Now

SVP/Commercial Real Estate Loan Officer

FVCBANK - Arlington, VA

Apply Now

Loan Officer Associate (Chantilly, VA)

Lennar Homes - Chantilly, VA

Apply Now

Commercial Loan Administrator

The Freedom Bank of Virginia - Fairfax, VA

Apply Now
Search More Commercial Loan Workout Officer Jobs in Virginia
For Employers
Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.
For Employees
Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings

Search thousands of open positions to find your next opportunity.
See it in Action

Job Description for Commercial Loan Workout Officer I

Commercial Loan Workout Officer I restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Officer I works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer I typically reports to a supervisor or manager. The Commercial Loan Workout Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer I typically requires 0-2 years of related experience. (Copyright 2022 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Commercial Loan Workout Officer I.

Search Job Openings

Job Openings for Commercial Loan Workout Officer I
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2020
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Commercial Loan Workout Officer I Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

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

Average Base Salary

Core compensation

 
 
 
58242
72995
63184

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
61334
79576
68121
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Workout Officer I in the United States. The base salary for Commercial Loan Workout Officer I ranges from $58,242 to $72,995 with the average base salary of $63,184. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $61,334 to $79,576 with the average total cash compensation of $68,121.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

58242
72995

 

Step 3 of 3

How much should you be paid?

Generate Your Salary Report

View the Cost of Living in Major Cities

Skills associated with Commercial Loan Workout Officer I: Loss Mitigation, Negotiation, Banking Software, Loan Software ...More

Salary estimation for Commercial Loan Workout Officer I at companies like : FS BANCORP INC, LTC PROPERTIES INC, SILVERCREST ASSET MGT

Jobs with a similar salary range to Commercial Loan Workout Officer I : Internet Developer, QA Supervisor