upper level job

Commercial Loan Workout Officer III Salary in Indianapolis, Indiana

Search

Commercial Loan Workout Officer III Salary in Indianapolis, IN

How much does a Commercial Loan Workout Officer III make?

As of December 01, 2024, the average annual pay of Commercial Loan Workout Officer III in Indianapolis, IN is $121,511. While Salary.com is seeing that Commercial Loan Workout Officer III salary in Indianapolis, IN can go up to $157,232 or down to $88,987, but most earn between $104,487 and $140,209. 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 III in the United States.

Compensation Planning
Develop a Job description
Pay Equity
2024 Compensation Trend
Comp Consulting
HR Compliance
View as table View as graph
Didn’t find your job? Click
Commercial Loan Workout Officer III Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $144,099 $12,008 $2,771 $69
Average $124,883 $10,407 $2,402 $60
25th Percentile $107,386 $8,949 $2,065 $52
View as table View as graph

Average Salary

25% $104,487 10% $88,987 90% $157,232 75% $140,209 $121,511 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
View as table View as graph
Change Search Criteria
See it in Action
For Employees
Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings

Search thousands of open positions to find your next opportunity.
For Employers
Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

View Commercial Loan Workout Officer III Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Commercial Loan Workout Officer III 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 III hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$107,386
Average
$124,883/year
$144,099
$8,949
Average
$10,407/month
$12,008
$2,065
Average
$2,402/week
$2,771
$52
Average
$60/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $144,099 $12,008 $2,771 $69
Average $124,883 $10,407 $2,402 $60
25th Percentile $107,386 $8,949 $2,065 $52
Last Updated on December 01, 2024

View Commercial Loan Workout Officer III Salary by Experience Levels

An entry-level Commercial Loan Workout Officer III with under 1 year experience makes about $113,385. With less than 2 years of experience, a mid-level Commercial Loan Workout Officer III makes around $114,649. After 2-4 years, the Commercial Loan Workout Officer III pay rises to about $117,179. Those senior Commercial Loan Workout Officer III with 5-8 years of experience earn roughly $126,529, and those Commercial Loan Workout Officer III having 8 years or more experience are expected to earn about $131,530 on average.

Levels Salary
Entry Level Commercial Loan Workout Officer III $113,385
Intermediate Level Commercial Loan Workout Officer III $114,649
Senior Level Commercial Loan Workout Officer III $117,179
Specialist Level Commercial Loan Workout Officer III $126,529
Expert Level Commercial Loan Workout Officer III $131,530
$113,385 0 yr
$114,649 < 2 yrs
$117,179 2-4 yrs
$126,529 5-8 yrs
$131,530 > 8 yrs
Last Updated on December 01, 2024
Entry Level 9%
Mid Level 8%
Senior Level 6%
Top Level 1%
Experienced 5%
View as graph
Last Updated on December 01, 2024

Highest Paying Cities in Indiana for Commercial Loan Workout Officer III

Not the salary data you are looking for? Choose the city salary you want to see.

Salaries of Jobs Related to Commercial Loan Workout Officer III

Job Openings of Commercial Loan Workout Officer III

Salary.com job board provides millions of Commercial Loan Workout Officer III information for you to search for. Click on search button below to see Commercial Loan Workout Officer III job openings or enter a new job title here.

Cost of Living In Indianapolis, IN

Cost of Living in Indianapolis , IN is
-1.1% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living Calculator

Best-Paid Skills and Qualifications for Commercial Loan Workout Officer III

What skills does a Commercial Loan Workout Officer III 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%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Commercial Loan Workout Officer III 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 Team Management, you can get a 26% salary raise. If you are good at Legal Documents, your salary will increase by 12%. If you are expert in Commercial Loans, your salary will rise by 5%.
Skill Salary Demand
Team Management
 $153,104
26%
Legal Documents
 $136,092
12%
Commercial Loans
 $127,587
5%
Problem Solving
 $127,587
5%
Coaching
 $126,371
4%
Communication Skills
 $125,156
3%
Get Latest Data
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.

Is this useful?

The average salary for a Commercial Loan Workout Officer III is $121,511 per year in Indianapolis, IN, updated at December 01, 2024.
Is this useful? Maybe
lower level job