How much does a Commercial Loan Workout Officer I make in Chandler, AZ? The average Commercial Loan Workout Officer I salary in Chandler, AZ is $58,271 as of November 25, 2019, but the range typically falls between $53,711 and $67,318. 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 2019 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.
October 09, 2019
Commercial Loan Workout Officer I in Houston, TX
Meets with existing or potential customers.
July 25, 2019
Contact Applicant for final outstanding information, including required documentation for initial advance.
Chandler is a city in Maricopa County, Arizona, United States, and a prominent suburb of the Phoenix, Arizona, Metropolitan Statistical Area (MSA). It is bordered to the north and west by Tempe, to the north by Mesa, to the west by Phoenix, to the south by the Gila River Indian Community, and to the east by Gilbert. As of 2017, the population was estimated at 253,458 according to the United States Census Bureau.
According to the United States Census Bureau, Chandler has a total area of 58.0 square miles (150 km2), of which 57.9 square miles (150 km2) of it is land and 0.1 square miles (0.26 km...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Browse Related Job Categories With Commercial Loan Workout Officer I
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
Average Total Cash Compensation
Includes base and annual incentives
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 Chandler, AZ. The base salary for Commercial Loan Workout Officer I ranges from $53,711 to $67,318 with the average base salary of $58,271. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,561 to $73,384 with the average total cash compensation of $62,818.