How much does a Commercial Loan Workout Officer II make in Maine? The average Commercial Loan Workout Officer II salary in Maine is $78,954 as of February 26, 2020, but the range typically falls between $68,459 and $93,460. 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.

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25% $68,459 10% $58,903 90% $106,667 75% $93,460 $78,954 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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Job Openings for Commercial Loan Workout Officer II in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $81,794 Date Updated February 26, 2020
Location Windham, ME Avg. Salary $81,903 Date Updated February 26, 2020
Location Abbot, ME Avg. Salary $74,029 Date Updated February 26, 2020
Location Acton, ME Avg. Salary $82,945 Date Updated February 26, 2020
Location Addison, ME Avg. Salary $74,029 Date Updated February 26, 2020
Location Albion, ME Avg. Salary $74,029 Date Updated February 26, 2020
Location Alfred, ME Avg. Salary $82,388 Date Updated February 26, 2020
Location Alna, ME Avg. Salary $81,139 Date Updated February 26, 2020
Location Andover, ME Avg. Salary $81,139 Date Updated February 26, 2020
Location Anson, ME Avg. Salary $74,029 Date Updated February 26, 2020
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