How much does a Commercial Loan Workout Officer I make in Brockton, MA? The average Commercial Loan Workout Officer I salary in Brockton, MA is $65,751 as of June 28, 2020, but the range typically falls between $60,611 and $75,965. 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. 

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25% $60,611 10% $55,932 90% $85,264 75% $75,965 $65,751 50%(Median)
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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 2020 Salary.com)... View full job description

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Job Openings for Commercial Loan Workout Officer I in Brockton, MA
Those that have already made the climb...
Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
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 2018
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Average Base Salary

Core compensation

 
 
 
60611
75965
65751

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63828
82807
70885
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 Brockton, MA. The base salary for Commercial Loan Workout Officer I ranges from $60,611 to $75,965 with the average base salary of $65,751. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,828 to $82,807 with the average total cash compensation of $70,885.
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60611
75965

 

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About Brockton, Massachusetts    According to the United States Census Bureau, the city has a total area of 21.6 square miles (56 km2), of which 21.5 square miles (56 km2) is land an....More

Brockton, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Brockton, Massachusetts

Commercial Loan Workout Officer I Salary in popular cities: BostonWorcesterSpringfield

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

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