How much does a Commercial Loan Workout Officer I make in Maine? The average Commercial Loan Workout Officer I salary in Maine is $58,211 as of March 26, 2020, but the range typically falls between $53,655 and $67,253. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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25% $53,655 10% $49,507 90% $75,485 75% $67,253 $58,211 50%(Median)
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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 2020 Salary.com)

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Job Openings for Commercial Loan Workout Officer I in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $60,305 Date Updated March 26, 2020
Location Windham, ME Avg. Salary $60,385 Date Updated March 26, 2020
Location Abbot, ME Avg. Salary $54,580 Date Updated March 26, 2020
Location Acton, ME Avg. Salary $61,154 Date Updated March 26, 2020
Location Addison, ME Avg. Salary $54,580 Date Updated March 26, 2020
Location Albion, ME Avg. Salary $54,580 Date Updated March 26, 2020
Location Alfred, ME Avg. Salary $60,743 Date Updated March 26, 2020
Location Alna, ME Avg. Salary $59,822 Date Updated March 26, 2020
Location Andover, ME Avg. Salary $59,822 Date Updated March 26, 2020
Location Anson, ME Avg. Salary $54,580 Date Updated March 26, 2020
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