How much does a Commercial Loan Workout Officer I make in Florissant, MO? The average Commercial Loan Workout Officer I salary in Florissant, MO is $58,823 as of October 30, 2019, but the range typically falls between $54,218 and $67,955. 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.
Salary range for a Commercial Loan Workout Officer I
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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.
July 26, 2019
Commercial Loan Workout Officer I in Houston, TX
Completes administrative tasks correctly and on time.
July 06, 2019
Develops and maintains knowledge of financial industry, economy, market conditions, rates, vendors and competition.
Florissant (/ˈflɒrɪsənt/ (listen)) is a city in St. Louis County, Missouri, within Greater St. Louis. It is a middle class second-ring northern suburb of St. Louis. Based on 2017 U.S. Census Bureau estimates, the city had a total population of 51,443, making it the 13th-largest city in Missouri.
According to the United States Census Bureau, the city has a total area of 12.87 square miles (33.33 km2), of which 12.56 square miles (32.53 km2) are land and 0.31 square mile (0.80 km2) is covered by water....
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 Florissant, MO. The base salary for Commercial Loan Workout Officer I ranges from $54,218 to $67,955 with the average base salary of $58,823. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,098 to $74,076 with the average total cash compensation of $63,412.