As of February 01, 2025, the average annual salary for a Commercial Loan Workout Officer III in Renton, WA is $138,226. Salary.com reports that pay typically ranges from $118,858 to $159,491, with most professionals earning between $101,226 and $178,853.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $144,729 | $12,061 | $2,783 | $70 |
| Average | $125,432 | $10,453 | $2,412 | $60 |
| 25th Percentile | $107,857 | $8,988 | $2,074 | $52 |
An entry-level Commercial Loan Workout Officer III with under 1 year experience makes about $128,417. With less than 2 years of experience, a mid-level Commercial Loan Workout Officer III makes around $129,849. After 2-4 years, the Commercial Loan Workout Officer III pay rises to about $132,714. Those senior Commercial Loan Workout Officer III with 5-8 years of experience earn roughly $143,304, and those Commercial Loan Workout Officer III having 8 years or more experience are expected to earn about $148,968 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Workout Officer III | $128,417 |
| Intermediate Level Commercial Loan Workout Officer III | $129,849 |
| Senior Level Commercial Loan Workout Officer III | $132,714 |
| Specialist Level Commercial Loan Workout Officer III | $143,304 |
| Expert Level Commercial Loan Workout Officer III | $148,968 |
| Entry Level | 2% |
| Mid Level | 4% |
| Senior Level | 6% |
| Top Level | 14% |
| Experienced | 19% |
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| Skill | Salary | Demand |
|---|---|---|
|
Team Management
|
$174,164 |
26%
|
|
Legal Documents
|
$154,813 |
12%
|
|
Commercial Loans
|
$145,137 |
5%
|
|
Problem Solving
|
$145,137 |
5%
|
|
Coaching
|
$143,755 |
4%
|
|
Communication Skills
|
$142,373 |
3%
|
