How much does a Commercial Loan Workout Officer I make in Berkeley, CA? The average Commercial Loan Workout Officer I salary in Berkeley, CA is $71,427 as of February 26, 2020, but the range typically falls between $65,841 and $82,521. 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.
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 2020 Salary.com)
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
LTC PROPERTIES INC
Fiscal Year Ended in 2018
What does a Commercial Loan Workout Officer I do?
Commercial Loan Workout Officer I in Birmingham, AL
Develops and implements strategies to recover principal from borrowers whose non-performing loans have been charged off.
January 30, 2020
Commercial Loan Workout Officer I in Houston, TX
Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.
October 15, 2019
Reviews past due loans, sends notices, calls borrowers as needed.
Berkeley (/ˈbɜːrkli/ BURK-lee) is a city on the east shore of San Francisco Bay in northern Alameda County, California. It is named after the 18th-century Irish bishop and philosopher George Berkeley. It borders the cities of Oakland and Emeryville to the south and the city of Albany and the unincorporated community of Kensington to the north. Its eastern border with Contra Costa County generally follows the ridge of the Berkeley Hills. The 2010 census recorded a population of 112,580.
Berkeley is home to the oldest campus in the University of California system, the University of California, B...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
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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 Berkeley, CA. The base salary for Commercial Loan Workout Officer I ranges from $65,841 to $82,521 with the average base salary of $71,427. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $69,339 to $89,951 with the average total cash compensation of $77,002.