Commercial Loan Workout Officer II Salary in Washington
Commercial Loan Workout Officer II Salary in Washington
How much does a Commercial Loan Workout Officer II make in Washington? The average Commercial Loan Workout Officer II salary in Washington is $98,108 as of March 26, 2024, but the range typically falls between $85,079 and $116,143. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Commercial Loan Workout Officer II Salary | $73,218 | WA | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer II Salary | $85,079 | WA | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer II Salary | $98,108 | WA | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer II Salary | $116,143 | WA | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer II Salary | $132,564 | WA | March 26, 2024 |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
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.
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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MRINetwork Jobs - Snohomish, WAJob Description. Job Description. The Gig. The commercial loan officer is responsible for developing new business and client relationships with builders to...- 1 Day Ago
Select a city to view specific salary and bonus information for Commercial Loan Workout Officer II
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Aberdeen, WA | Avg. Salary $94,831 | Date Updated March 26, 2024 |
| Location Acme, WA | Avg. Salary $93,375 | Date Updated March 26, 2024 |
| Location Addy, WA | Avg. Salary $92,101 | Date Updated March 26, 2024 |
| Location Adna, WA | Avg. Salary $94,831 | Date Updated March 26, 2024 |
| Location Airway Heights, WA | Avg. Salary $92,829 | Date Updated March 26, 2024 |
| Location Albion, WA | Avg. Salary $92,101 | Date Updated March 26, 2024 |
| Location Allyn, WA | Avg. Salary $98,199 | Date Updated March 26, 2024 |
| Location Almira, WA | Avg. Salary $92,101 | Date Updated March 26, 2024 |
| Location Amanda Park, WA | Avg. Salary $94,831 | Date Updated March 26, 2024 |
| Location Amboy, WA | Avg. Salary $93,921 | Date Updated March 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.
What does a Commercial Loan Workout Officer II do?
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Similar Jobs to Commercial Loan Workout Officer II
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer II | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Level of Education for Commercial Loan Workout Officer II
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer II salary of your education level.
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Most Popular Cities for Commercial Loan Workout Officer II Job
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About Washington Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the north....More
Skills associated with Commercial Loan Workout Officer II: Negotiation, Loss Mitigation, Loan Software, Debt Restructuring ...More
Salary estimation for Commercial Loan Workout Officer II at companies like : Patton Elementary School, Spring Communication Holding, Hempstead Hispanic Civic Assoc Inc
