1. What is the average salary of a Commercial Loan Workout Officer II?
The average annual salary of Commercial Loan Workout Officer II is $92,434.
In case you are finding an easy salary calculator,
the average hourly pay of Commercial Loan Workout Officer II is $44;
the average weekly pay of Commercial Loan Workout Officer II is $1,778;
the average monthly pay of Commercial Loan Workout Officer II is $7,703.
2. Where can a Commercial Loan Workout Officer II earn the most?
A Commercial Loan Workout Officer II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Commercial Loan Workout Officer II earns the most in San Jose, CA, where the annual salary of a Commercial Loan Workout Officer II is $116,004.
3. What is the highest pay for Commercial Loan Workout Officer II?
The highest pay for Commercial Loan Workout Officer II is $124,898.
4. What is the lowest pay for Commercial Loan Workout Officer II?
The lowest pay for Commercial Loan Workout Officer II is $68,990.
5. What are the responsibilities of Commercial Loan Workout Officer II?
Commercial Loan Workout Officer II 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 II works with loans of moderate size and complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer II typically reports to a manager or head of a unit/department. The Commercial Loan Workout Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Workout Officer II typically requires 2 to 4 years of related experience.
6. What are the skills of Commercial Loan Workout Officer II
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
3.)
Digital Transformation: The process of creating new or modifying existing non-digital business processes and services using digital technologies to meet the evolving market and customer needs.
