As of January 01, 2025, the average annual salary for a Commercial Loan Workout Officer IV in Gaithersburg, MD is $168,042. According to Salary.com, salaries can range from a low of $131,830 to a high of $209,600, with most professionals earning between $149,087 and $189,795.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $170,987 | $14,249 | $3,288 | $82 |
| Average | $151,389 | $12,616 | $2,911 | $73 |
| 25th Percentile | $134,313 | $11,193 | $2,583 | $65 |
An entry-level Commercial Loan Workout Officer IV with under 1 year experience makes about $157,135. With less than 2 years of experience, a mid-level Commercial Loan Workout Officer IV makes around $158,540. After 2-4 years, the Commercial Loan Workout Officer IV pay rises to about $159,945. Those senior Commercial Loan Workout Officer IV with 5-8 years of experience earn roughly $165,003, and those Commercial Loan Workout Officer IV having 8 years or more experience are expected to earn about $175,680 on average.
| Levels | Salary |
|---|---|
| Entry Level Commercial Loan Workout Officer IV | $157,135 |
| Intermediate Level Commercial Loan Workout Officer IV | $158,540 |
| Senior Level Commercial Loan Workout Officer IV | $159,945 |
| Specialist Level Commercial Loan Workout Officer IV | $165,003 |
| Expert Level Commercial Loan Workout Officer IV | $175,680 |
| Entry Level | 4% |
| Mid Level | 5% |
| Senior Level | 6% |
| Top Level | 9% |
| Experienced | 16% |
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| Skill | Salary | Demand |
|---|---|---|
|
Communication Skills
|
$228,537 |
36%
|
|
Credit Reports
|
$226,857 |
35%
|
|
Presentation
|
$218,455 |
30%
|
|
Problem Solving
|
$191,568 |
14%
|
|
Word Processing
|
$191,568 |
14%
|
|
Accountability
|
$191,568 |
14%
|
