Commercial Loan Workout Officer I Salary in the United States
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 $59,731 as of September 26, 2019, but the range typically falls between $55,058 and $69,004. 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. View the Cost of Living in Major Cities
Skills Associated with Commercial Loan Workout Officer I: Banking Software, Negotiation, Loss Mitigation, Loan Software ...More
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Salary estimation for Commercial Loan Workout Officer I at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC
Jobs with a similar salary range to Commercial Loan Workout Officer I : QA Supervisor
Job Description
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 2019 Salary.com)
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Commercial Loan Workout Officer I Pay Difference by Location
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer I | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |