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Commercial Loan Workout Officer II Salary in South Bend, Indiana

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Commercial Loan Workout Officer II Salary in South Bend, IN

What is the salary range of Commercial Loan Workout Officer II?

As of December 01, 2024, the average annual pay of Commercial Loan Workout Officer II in South Bend, IN is $86,991. While Salary.com is seeing that Commercial Loan Workout Officer II salary in South Bend, IN can go up to $117,543 or down to $64,929, but most earn between $75,443 and $102,983. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Workout Officer II in the United States.

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Commercial Loan Workout Officer II Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $109,673 $9,139 $2,109 $53
Average $92,642 $7,720 $1,782 $45
25th Percentile $80,344 $6,695 $1,545 $39
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Average Salary

25% $75,443 10% $64,929 90% $117,543 75% $102,983 $86,991 50%(Median) Didn’t find job title? Click
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View Commercial Loan Workout Officer II Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Commercial Loan Workout Officer II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Commercial Loan Workout Officer II hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$80,344
Average
$92,642/year
$109,673
$6,695
Average
$7,720/month
$9,139
$1,545
Average
$1,782/week
$2,109
$39
Average
$45/hour
$53
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $109,673 $9,139 $2,109 $53
Average $92,642 $7,720 $1,782 $45
25th Percentile $80,344 $6,695 $1,545 $39
Last Updated on December 01, 2024

View Commercial Loan Workout Officer II Salary by Experience Levels

An entry-level Commercial Loan Workout Officer II with under 1 year experience makes about $82,832. With less than 2 years of experience, a mid-level Commercial Loan Workout Officer II makes around $83,176. After 2-4 years, the Commercial Loan Workout Officer II pay rises to about $87,796. Those senior Commercial Loan Workout Officer II with 5-8 years of experience earn roughly $94,450, and those Commercial Loan Workout Officer II having 8 years or more experience are expected to earn about $94,925 on average.

Levels Salary
Entry Level Commercial Loan Workout Officer II $82,832
Intermediate Level Commercial Loan Workout Officer II $83,176
Senior Level Commercial Loan Workout Officer II $87,796
Specialist Level Commercial Loan Workout Officer II $94,450
Expert Level Commercial Loan Workout Officer II $94,925
$82,832 0 yr
$83,176 < 2 yrs
$87,796 2-4 yrs
$94,450 5-8 yrs
$94,925 > 8 yrs
Last Updated on December 01, 2024
Entry Level 11%
Mid Level 10%
Senior Level 5%
Top Level 2%
Experienced 2%
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Last Updated on December 01, 2024

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Job Openings of Commercial Loan Workout Officer II

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Cost of Living In South Bend, IN

Cost of Living in South Bend , IN is
-3.9% Lower
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Best-Paid Skills and Qualifications for Commercial Loan Workout Officer II

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.

See More Skills
Analysis 8.89%
Economics 2.22%
Digital Transformation 1.11%
Others 87.78%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Workout Officer II higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Relationship Management, you can get a 24% salary raise. If you are good at Asset Management, your salary will increase by 13%. If you are expert in Credit Administration, your salary will rise by 12%.
Skill Salary Demand
Relationship Management
 $107,868
24%
Asset Management
 $98,300
13%
Credit Administration
 $97,430
12%
Coaching
 $95,690
10%
Credit Reports
 $95,690
10%
Communication Skills
 $94,820
9%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Commercial Loan Workout Officer II is $86,991 per year in South Bend, IN, updated at December 01, 2024.
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