Commercial Loan Workout Officer III Salary in District of Columbia

How much does a Commercial Loan Workout Officer III make in District of Columbia? The average Commercial Loan Workout Officer III salary in District of Columbia is $122,558 as of January 20, 2020, but the range typically falls between $105,406 and $141,419. 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.

25% $105,406 10% $89,791 90% $158,590 75% $141,419 $122,558 50%(Median)
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Job Description

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. Being a Commercial Loan Workout Officer III works with loans of moderate to large size and complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer III typically reports to a manager or head of a unit/department. The Commercial Loan Workout Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Workout Officer III typically requires 4 to 7 years of related experience. (Copyright 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $121,941 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $121,941 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $121,941 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $121,941 Date Updated January 20, 2020
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