Commercial Loan Workout Officer I Salary in New Jersey

How much does a Commercial Loan Workout Officer I make in New Jersey? The average Commercial Loan Workout Officer I salary in New Jersey is $66,159 as of October 30, 2019, but the range typically falls between $60,980 and $76,431. 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.

Salary range for a Commercial Loan Workout Officer I
$60,980 to $76,431
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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 2019 Salary.com)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $68,337 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $68,936 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $68,996 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $69,331 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $72,407 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $68,337 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $68,156 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $67,141 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $68,996 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $68,337 Date Updated October 30, 2019
Job Openings for Commercial Loan Workout Officer I in New Jersey
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