Commercial Loan Workout Officer IV Salary in New Jersey

How much does a Commercial Loan Workout Officer IV make in New Jersey? The average Commercial Loan Workout Officer IV salary in New Jersey is $147,299 as of October 30, 2019, but the range typically falls between $130,716 and $166,353. 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. View the Cost of Living in New Jersey

About New Jersey    New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newa....More

Skills Associated with Commercial Loan Workout Officer IV: Loan Software, Banking Software, Negotiation, Debt Restructuring ...More

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

Job Description

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 2019 Salary.com)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $152,148 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $153,481 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $153,614 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $154,360 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $161,208 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $152,148 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $151,745 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $149,484 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $153,614 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $152,148 Date Updated October 30, 2019
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