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Commercial Loan Workout Officer III Salary in the United States

How much does a Commercial Loan Workout Officer III make in the United States?

As of March 01, 2026, the average salary for a Commercial Loan Workout Officer III in the United States is $133,536 per year, which breaks down to an hourly rate of $64.

However, a Commercial Loan Workout Officer III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $152,604
  • Majority Range (25th-75th percentile): $118,311 to $143,517
  • Entry-Level (10th percentile): $104,449
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View as table View as graph 25% $118,311 10% $104,449 90% $152,604 75% $143,517 $133,536 50%(Median) Didn’t find job title? Click

Commercial Loan Workout Officer III Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $143,517 $11,960 $2,760 $69
Average $133,536 $11,128 $2,568 $64
25th Percentile $118,311 $9,859 $2,275 $57
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Key Factors That Influence Commercial Loan Workout Officer III Salaries

A Commercial Loan Workout Officer III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Commercial Loan Workout Officer Salaries?

Experience is a primary driver of a Commercial Loan Workout Officer III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Commercial Loan Workout Officer I (0-2 years): $65,747
  • Commercial Loan Workout Officer II (2-4 years): $95,023
  • Commercial Loan Workout Officer III (4-7 years): $133,536
  • Commercial Loan Workout Officer IV (7+ years): $168,859
Job Role Years of Experience Average Salary
Commercial Loan Workout Officer I0-2 years$65,747
Commercial Loan Workout Officer II2-4 years$95,023
Commercial Loan Workout Officer III4-7 years$133,536
Commercial Loan Workout Officer IV7+ years$168,859
$65,747 Commercia...
$95,023 Commercia...
$133,536 Commercia...
$168,859 Commercia...
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What Am I Worth?

Top Paying Cities for Commercial Loan Workout Officer IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $168,429
  • San Francisco: $166,773
  • Oakland: $163,074

What Skills Can Increase a Commercial Loan Workout Officer III's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 10.13% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Bankruptcy (Mentioned in 1.27% Job Postings): Bankruptcy helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
  • Credit Reports (Mentioned in 1.27% Job Postings): Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.
See More Skills
Skills Demand Percentage
Analysis 10.13%
Bankruptcy 1.27%
Credit Reports 1.27%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Commercial Loan Workout Officer III's salary.
  • Team Management: Can increase your salary by up to 26%.
  • Legal Documents: Can increase your salary by up to 12%.
  • Commercial Loans: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Team Management
 $168,255
26%
Legal Documents
 $149,560
12%
Commercial Loans
 $140,213
5%
Problem Solving
 $140,213
5%
Coaching
 $138,877
4%
Communication Skills
 $137,542
3%
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How Education impacts a Commercial Loan Workout Officer III's Salary?

Your level of education can impact your salary potential. While many Commercial Loan Workout Officer IIIs enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Commercial Loan Workout Officer III with a Associate's Degree is between $116,531 and $126,328).

Commercial Loan Workout Officer III Salaries by Degree Level

Typical Education for Commercial Loan Workout Officer III
Degree Level % of user with this level of education
No Diploma 50.0%
High School 30.0%
Associates 20.0%
Bachelors 50.0%
Masters 30.0%
Doctorate 20.0%
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Commercial Loan Workout Officer III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Loan Workout Officer III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on March 01, 2026
$118,311
Average $133,536/year
$143,517
$9,859
Average $11,128/month
$11,960
$2,275
Average $2,568/week
$2,760
$57
Average $64/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $143,517 $11,960 $2,760 $69
Average $133,536 $11,128 $2,568 $64
25th Percentile $118,311 $9,859 $2,275 $57

Commercial Loan Workout Officer III Salary Growth & Career Path

Commercial Loan Workout Officer III
Commercial Loan Workout Officer IV
Loan Workout Officer IV
Loan Workout Senior Manager

Promotions are the fastest way to increase your earnings. As a Commercial Loan Workout Officer III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Commercial Loan Workout Officer III Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Commercial Loan Workout Officer IV $168,859 26%
Loan Workout Officer IV $137,415 3%

Salaries of jobs related to Commercial Loan Workout Officer III

Most common benefits for Commercial Loan Workout Officer III

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401(k)
Disability
Healthcare
Pension
Time Off (days)
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FAQ about Commercial Loan Workout Officer III

1. Where can a Commercial Loan Workout Officer III earn the most?

A Commercial Loan Workout Officer III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commercial Loan Workout Officer III earns the most in San Jose, CA, where the annual salary of a Commercial Loan Workout Officer III is $168,429.

2. What is the highest pay for Commercial Loan Workout Officer III?

The highest pay for Commercial Loan Workout Officer III is $152,604.

3. What is the lowest pay for Commercial Loan Workout Officer III?

The lowest pay for Commercial Loan Workout Officer III is $104,449.

4. What are the responsibilities of Commercial Loan Workout Officer III?

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with loans of moderate to large size and complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Typically requires 4 to 7 years of related experience.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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