As of March 01, 2025, the average annual salary for a Commercial Loan Workout Officer I in the United States is $68,808. According to Salary.com, salaries can range from a low of $58,520 to a high of $89,222, with most professionals earning between $63,423 and $79,494.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $79,494 | $6,624 | $1,529 | $38 |
| Average | $68,808 | $5,734 | $1,323 | $33 |
| 25th Percentile | $63,423 | $5,285 | $1,220 | $30 |
An entry-level Commercial Loan Workout Officer I with less than 1 year of experience earns about $67,647. With 1-2 years of experience, the average salary increases to $68,359. For 2-4 years of experience, the pay typically rises to $70,724. Senior-level professionals with 5-8 years of experience earn around $71,197, and those with over 8 years of experience can expect an average of $71,513.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Workout Officer I | $67,647 |
| Intermediate Level Commercial Loan Workout Officer I | $68,359 |
| Senior Level Commercial Loan Workout Officer I | $70,724 |
| Specialist Level Commercial Loan Workout Officer I | $71,197 |
| Expert Level Commercial Loan Workout Officer I | $71,513 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 3% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Commercial Loan Workout Officer I compensation over the past six years. For example, the median salary increased from $57,349 in 2023 to approximately $57,282 in 2024. (For a detailed analysis of Commercial Loan Workout Officer I salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Commercial Loan Workout Officer I information for you to search for. Click on search button below to see Commercial Loan Workout Officer I job openings or enter a new job title here.
Here are companies hiring for Commercial Loan Workout Officer I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $68,808 | 67.4% | ||
| Bonus | $5,372 | 5.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $5,675 | 5.6% | ||
| 401K/403B | $2,300 | 2.3% | ||
| Disability | $668 | 0.7% | ||
| Healthcare | $5,345 | 5.2% | ||
| Pension | $4,006 | 3.9% | ||
| Time Off | $9,986 | 9.8% | ||
| Total Compensation | $102,158 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Bachelors | 87.5% |
| Doctorate | 12.5% |
What Am I Worth?
The average annual salary of Commercial Loan Workout Officer I is $68,808. In case you are finding an easy salary calculator, the average hourly pay of Commercial Loan Workout Officer I is $33; the average weekly pay of Commercial Loan Workout Officer I is $1,323; the average monthly pay of Commercial Loan Workout Officer I is $5,734.
A Commercial Loan Workout Officer I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Loan Workout Officer I earns the most in San Jose, CA, where the annual salary of a Commercial Loan Workout Officer I is $86,355.
The highest pay for Commercial Loan Workout Officer I is $89,222.
The lowest pay for Commercial Loan Workout Officer I is $58,520.
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.
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
