Commercial Loan Workout Officer II Salary in New Jersey

How much does a Commercial Loan Workout Officer II make in New Jersey? The average Commercial Loan Workout Officer II salary in New Jersey is $89,906 as of October 30, 2019, but the range typically falls between $77,952 and $106,426. 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.

Salary range for a Commercial Loan Workout Officer II
$77,952 to $106,426
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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 2019 Salary.com)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $92,866 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $93,679 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $93,761 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $94,216 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $98,396 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $92,866 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $92,620 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $91,240 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $93,761 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $92,866 Date Updated October 30, 2019
Job Openings for Commercial Loan Workout Officer II in New Jersey
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