Commercial Loan Workout Officer II Salary in District of Columbia

How much does a Commercial Loan Workout Officer II make in District of Columbia? The average Commercial Loan Workout Officer II salary in District of Columbia is $90,938 as of January 20, 2020, but the range typically falls between $78,845 and $107,649. 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.

25% $78,845 10% $67,835 90% $122,864 75% $107,649 $90,938 50%(Median)
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Job Description

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)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $90,480 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $90,480 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $90,480 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $90,480 Date Updated January 20, 2020
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