How much does a Commercial Loan Workout Officer II make in Chandler, AZ? The average Commercial Loan Workout Officer II salary in Chandler, AZ is $79,184 as of November 25, 2019, but the range typically falls between $68,655 and $93,734. 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 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 II do?
Commercial Loan Workout Officer II in Birmingham, AL
Provides recommendations to executive management relative to structuring and reviewing credits to reduce fundamental weaknesses in companyÆs credit/loan policies.
October 11, 2019
Develops, plans, and implements practices and procedures to minimize loan charge-offs from adversely-graded loans and to return such credits to performing status.
October 16, 2019
Works closely with loan recovery, legal, and other departments to maximize the recovery of such funds.
Chandler is a city in Maricopa County, Arizona, United States, and a prominent suburb of the Phoenix, Arizona, Metropolitan Statistical Area (MSA). It is bordered to the north and west by Tempe, to the north by Mesa, to the west by Phoenix, to the south by the Gila River Indian Community, and to the east by Gilbert. As of 2017, the population was estimated at 253,458 according to the United States Census Bureau.
According to the United States Census Bureau, Chandler has a total area of 58.0 square miles (150 km2), of which 57.9 square miles (150 km2) of it is land and 0.1 square miles (0.26 km...
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 Chandler, AZ. The base salary for Commercial Loan Workout Officer II ranges from $68,655 to $93,734 with the average base salary of $79,184. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $73,943 to $111,113 with the average total cash compensation of $89,890.