Commercial Loan Workout Officer IV Salary in Rock Hill, South Carolina
Commercial Loan Workout Officer IV Salary in Rock Hill, SC
How much does a Commercial Loan Workout Officer IV make in Rock Hill, SC? The average Commercial Loan Workout Officer IV salary in Rock Hill, SC is $144,067 as of April 24, 2024, but the range typically falls between $127,821 and $162,711. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Commercial Loan Workout Officer IV Salary | $113,029 | Rock Hill,SC | April 24, 2024 |
| 25th Percentile Commercial Loan Workout Officer IV Salary | $127,821 | Rock Hill,SC | April 24, 2024 |
| 50th Percentile Commercial Loan Workout Officer IV Salary | $144,067 | Rock Hill,SC | April 24, 2024 |
| 75th Percentile Commercial Loan Workout Officer IV Salary | $162,711 | Rock Hill,SC | April 24, 2024 |
| 90th Percentile Commercial Loan Workout Officer IV Salary | $179,686 | Rock Hill,SC | April 24, 2024 |
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What skills does a Commercial Loan Workout Officer IV 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 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 2024 Salary.com)... View full job description
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Career Path for Commercial Loan Workout Officer IV
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 IV, the upper level is Banking & Commercial Loan Workout Manager and then progresses to Loan Workout Manager.
What does a Commercial Loan Workout Officer IV do?
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Commercial Loan Workout Officer IV Pay Difference by Location
Commercial Loan Workout Officer IV salary varies from city to city. Compared with national average salary of Commercial Loan Workout Officer IV, the highest Commercial Loan Workout Officer IV salary is in San Francisco, CA, where the Commercial Loan Workout Officer IV salary is 25.0% above. The lowest Commercial Loan Workout Officer IV salary is in Miami, FL, where the Commercial Loan Workout Officer IV salary is 3.5% lower than national average salary.
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About Rock Hill, South Carolina
Similar Jobs to Commercial Loan Workout Officer IV
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer IV | Experience 10 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Level of Education for Commercial Loan Workout Officer IV
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer IV salary of your education level.
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About Rock Hill, South Carolina Rock Hill is the largest city in York County, South Carolina, United States and the fifth-largest city in the state. It is also the fourth-largest cit....More
Rock Hill, South Carolina area prices were up 1.5% from a year ago View the Cost of Living in Rock Hill, South Carolina
Commercial Loan Workout Officer IV Salary in popular cities: Columbia, Charleston, North Charleston
Skills associated with Commercial Loan Workout Officer IV: Loan Software, Banking Software, Negotiation, Loss Mitigation ...More
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