How much does a Commercial Loan Workout Officer II make in North Dakota? The average Commercial Loan Workout Officer II salary in North Dakota is $87,208 as of February 26, 2024, but the range typically falls between $75,627 and $103,240. 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.

Commercial Loan Workout Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Officer II Salary $65,084 ND February 26, 2024
25th Percentile Commercial Loan Workout Officer II Salary $75,627 ND February 26, 2024
50th Percentile Commercial Loan Workout Officer II Salary $87,208 ND February 26, 2024
75th Percentile Commercial Loan Workout Officer II Salary $103,240 ND February 26, 2024
90th Percentile Commercial Loan Workout Officer II Salary $117,835 ND February 26, 2024
25% $75,627 10% $65,084 90% $117,835 75% $103,240 $87,208 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Workout Officer II need?

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.

2.

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.

Analysis 8.89%
Economics 2.22%
Digital Transformation 1.11%
Others 87.78%

Job Description for 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. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Workout Officer II in North Dakota

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Location Avg. Salary Date Updated
Location Mandan, ND Avg. Salary $88,661 Date Updated February 26, 2024
Location West Fargo, ND Avg. Salary $85,210 Date Updated February 26, 2024
Location Abercrombie, ND Avg. Salary $83,848 Date Updated February 26, 2024
Location Absaraka, ND Avg. Salary $83,848 Date Updated February 26, 2024
Location Adams, ND Avg. Salary $80,206 Date Updated February 26, 2024
Location Agate, ND Avg. Salary $83,752 Date Updated February 26, 2024
Location Alamo, ND Avg. Salary $87,299 Date Updated February 26, 2024
Location Alexander, ND Avg. Salary $87,299 Date Updated February 26, 2024
Location Almont, ND Avg. Salary $87,299 Date Updated February 26, 2024
Location Alsen, ND Avg. Salary $80,206 Date Updated February 26, 2024

Career Path for Commercial Loan Workout Officer II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Loan Workout Officer II, the first career path typically starts with a Commercial Loan Workout Officer III position, and then progresses to Commercial Loan Workout Officer IV.

Additionally, the second career path typically starts with a Loan Workout Officer III position, and then progresses to Banking & Commercial Loan Workout Manager.

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Commercial Loan Workout Officer II Salary in North Dakota
Commercial Loan Workout Officer II Salary Graph, Regional Distribution and Summary