How much does a Commercial Loan Workout Officer IV make in Brockton, MA? The average Commercial Loan Workout Officer IV salary in Brockton, MA is $146,268 as of June 28, 2020, but the range typically falls between $129,793 and $165,185. 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. 

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25% $129,793 10% $114,794 90% $182,409 75% $165,185 $146,268 50%(Median)
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Job Description for Commercial Loan Workout Officer IV

Commercial Loan Workout Officer IV 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 IV works with the largest and most complex loans. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer IV typically reports to a manager or head of a unit/department. Commercial Loan Workout Officer IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Commercial Loan Workout Officer IV typically requires 7+ years of related experience. (Copyright 2020 Salary.com)... View full job description

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Job Openings for Commercial Loan Workout Officer IV in Brockton, MA
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Pamela J. Shelley-Kessler, Executive Vice President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2018
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Average Base Salary

Core compensation

 
 
 
129793
165185
146268

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
157270
237629
199512
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Workout Officer IV in Brockton, MA. The base salary for Commercial Loan Workout Officer IV ranges from $129,793 to $165,185 with the average base salary of $146,268. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $157,270 to $237,629 with the average total cash compensation of $199,512.
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129793
165185

 

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About Brockton, Massachusetts    According to the United States Census Bureau, the city has a total area of 21.6 square miles (56 km2), of which 21.5 square miles (56 km2) is land an....More

Brockton, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Brockton, Massachusetts

Commercial Loan Workout Officer IV Salary in popular cities: BostonWorcesterSpringfield

Skills associated with Commercial Loan Workout Officer IV: Loan Software, Loss Mitigation, Negotiation, Banking Software ...More

Salary estimation for Commercial Loan Workout Officer IV at companies like : FS Bancorp, Inc., HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC