How much does a Commercial Loan Workout Officer III make in Lincoln, NE? The average Commercial Loan Workout Officer III salary in Lincoln, NE is $114,462 as of March 26, 2024, but the range typically falls between $98,433 and $132,080. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Commercial Loan Workout Officer III Salary | $83,839 | Lincoln,NE | March 26, 2024 |
25th Percentile Commercial Loan Workout Officer III Salary | $98,433 | Lincoln,NE | March 26, 2024 |
50th Percentile Commercial Loan Workout Officer III Salary | $114,462 | Lincoln,NE | March 26, 2024 |
75th Percentile Commercial Loan Workout Officer III Salary | $132,080 | Lincoln,NE | March 26, 2024 |
90th Percentile Commercial Loan Workout Officer III Salary | $148,120 | Lincoln,NE | March 26, 2024 |
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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 2024 Salary.com)... View full job description
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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 III, the first career path typically progresses to Commercial Loan Workout Officer IV.
Additionally, the second career path typically starts with a Banking & Commercial Loan Workout Manager position, and then progresses to Loan Workout Manager.
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Commercial Loan Workout Officer III salary varies from city to city. Compared with national average salary of Commercial Loan Workout Officer III, the highest Commercial Loan Workout Officer III salary is in San Francisco, CA, where the Commercial Loan Workout Officer III salary is 25.0% above. The lowest Commercial Loan Workout Officer III salary is in Miami, FL, where the Commercial Loan Workout Officer III salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Officer III | Experience 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 II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer III salary of your education level.
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About Lincoln, Nebraska Lincoln is the capital of the U.S. state of Nebraska and the county seat of Lancaster County. The city covers 94.267 square miles (244.150 km2) with a....More
Lincoln, Nebraska area prices were up 0.8% from a year ago View the Cost of Living in Lincoln, Nebraska
Commercial Loan Workout Officer III Salary in popular cities: Omaha, Bellevue, Grand Island
Skills associated with Commercial Loan Workout Officer III: Debt Restructuring, Banking Software, Loss Mitigation, Negotiation ...More
Salary estimation for Commercial Loan Workout Officer III at companies like : Mi Brickman Group LLC, Millennium Home Health Inc, Dynefco Industries Inc