How much does a Commercial Loan Workout Officer II make in Berkeley, CA? The average Commercial Loan Workout Officer II salary in Berkeley, CA is $97,227 as of March 26, 2020, but the range typically falls between $84,299 and $115,093. 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 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. (Copyright 2020 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 II do?
Commercial Loan Workout Officer II in Birmingham, AL
Develops, plans, and implements practices and procedures to minimize loan charge-offs from adversely-graded loans and to return such credits to performing status.
December 03, 2019
Provides recommendations to executive management relative to structuring and reviewing credits to reduce fundamental weaknesses in companyÆs credit/loan policies.
December 24, 2019
Works closely with loan recovery, legal, and other departments to maximize the recovery of such funds.
Berkeley (/ˈbɜːrkli/ BURK-lee) is a city on the east shore of San Francisco Bay in northern Alameda County, California. It is named after the 18th-century Irish bishop and philosopher George Berkeley. It borders the cities of Oakland and Emeryville to the south and the city of Albany and the unincorporated community of Kensington to the north. Its eastern border with Contra Costa County generally follows the ridge of the Berkeley Hills. The 2010 census recorded a population of 112,580.
Berkeley is home to the oldest campus in the University of California system, the University of California, B...
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 II in Berkeley, CA. The base salary for Commercial Loan Workout Officer II ranges from $84,299 to $115,093 with the average base salary of $97,227. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $90,791 to $136,430 with the average total cash compensation of $110,371.