Commercial Loan Workout Officer III Salary in North Dakota
Commercial Loan Workout Officer III Salary in North Dakota
How much does a Commercial Loan Workout Officer III make in North Dakota? The average Commercial Loan Workout Officer III salary in North Dakota is $121,455 as of March 26, 2024, but the range typically falls between $104,446 and $140,149. 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 III Salary | $88,961 | ND | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer III Salary | $104,446 | ND | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer III Salary | $121,455 | ND | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer III Salary | $140,149 | ND | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer III Salary | $157,169 | ND | March 26, 2024 |
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Special Assets/Loan Workout Officer/ Portfolio Manager/ Hybrid
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Wave Lending Group - Puyallup, WA
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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.
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 III
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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Select a city to view specific salary and bonus information for Commercial Loan Workout Officer III
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Mandan, ND | Avg. Salary $121,945 | Date Updated March 26, 2024 |
| Location West Fargo, ND | Avg. Salary $117,774 | Date Updated March 26, 2024 |
| Location Abercrombie, ND | Avg. Salary $115,934 | Date Updated March 26, 2024 |
| Location Absaraka, ND | Avg. Salary $115,934 | Date Updated March 26, 2024 |
| Location Adams, ND | Avg. Salary $113,480 | Date Updated March 26, 2024 |
| Location Agate, ND | Avg. Salary $116,793 | Date Updated March 26, 2024 |
| Location Alamo, ND | Avg. Salary $120,105 | Date Updated March 26, 2024 |
| Location Alexander, ND | Avg. Salary $120,105 | Date Updated March 26, 2024 |
| Location Almont, ND | Avg. Salary $120,105 | Date Updated March 26, 2024 |
| Location Alsen, ND | Avg. Salary $113,480 | Date Updated March 26, 2024 |
Career Path for Commercial Loan Workout Officer III
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.
What does a Commercial Loan Workout Officer III do?
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About North Dakota
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| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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Level of Education for Commercial Loan Workout Officer III
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer III salary of your education level.
Most Popular Cities for Commercial Loan Workout Officer III Job
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About North Dakota North Dakota is a Midwestern state of the United States. It borders Canada and lies at the center of the North American continent. The geographic cent....More
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
