Commercial Loan Workout Officer IV Salary in Santa Maria, California

Commercial Loan Workout Officer IV Salary in Santa Maria, CA

How much does a Commercial Loan Workout Officer IV make in Santa Maria, CA? The average Commercial Loan Workout Officer IV salary in Santa Maria, CA is $162,576 as of May 28, 2024, but the range typically falls between $144,246 and $183,621. 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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Commercial Loan Workout Officer IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Officer IV Salary $127,557 Santa Maria,CA May 28, 2024
25th Percentile Commercial Loan Workout Officer IV Salary $144,246 Santa Maria,CA May 28, 2024
50th Percentile Commercial Loan Workout Officer IV Salary $162,576 Santa Maria,CA May 28, 2024
75th Percentile Commercial Loan Workout Officer IV Salary $183,621 Santa Maria,CA May 28, 2024
90th Percentile Commercial Loan Workout Officer IV Salary $202,782 Santa Maria,CA May 28, 2024
25% $144,246 10% $127,557 90% $202,782 75% $183,621 $162,576 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Workout Officer Job Openings in Santa Maria, California

Commercial Loan Officer VP (Business Development)

FIRST NORTHERN BANK OF DIXON - Dixon, CA

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Commercial Loan Officer - Sacramento Area

First Bank - Rancho Cordova, CA

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Commercial Loan Officer

gpac - Fresno, CA

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Commercial Loan Officer

gpac - Santa Maria, CA

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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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

See More Skills
Analysis 8.89%
Economics 2.22%
Digital Transformation 1.11%
Others 87.78%

What Should I Pay?

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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 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Commercial Loan Workout Officer IV information for you to search for. Click on search button below to see Commercial Loan Workout Officer IV job openings or enter a new job title here.

Job Openings for Commercial Loan Workout Officer IV in Santa Maria, CA
  • FIRST NORTHERN BANK OF DIXON - Dixon, CA
    Job Details. Level. Experienced. Job Location. Dixon Branch AGLT - Dixon, CA. Remote Type. N/A. Position Type. Full Time. Education Level. 4 Year Degree. S...
    - Just Posted
  • First Bank - Rancho Cordova, CA
    Commercial Loan Officer. A Commercial Loan Officer IV develops and maintains a client relationship portfolio for a given market area. Drawing on your super...
    - 1 Day Ago
  • gpac - Fresno, CA
    Job DescriptionA financial institution is looking for a Commercial Loan Officer to join its team. This position originates, evaluates, prepares loans in co...
    - 1 Day Ago
  • gpac - Santa Maria, CA
    Job DescriptionA financial institution is looking for a Commercial Loan Officer to join its team. This position originates, evaluates, prepares loans in co...
    - 1 Day Ago
  • Management Recruiters International - Yuba City, CA
    Actively seeking an experienced commercial lender to join a team of successful professionals who will collectively develop creative financing solutions to ...
    - 1 Day Ago

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.

Commercial Loan Workout Officer IV
Banking & Commercial Loan Workout Manager
Loan Workout Manager
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
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's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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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.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total compensation opportunity for a Commercial Loan Workout Officer IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
144246
183621
162576

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
174781
263991
221654
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 Santa Maria, CA. The base salary for Commercial Loan Workout Officer IV ranges from $144,246 to $183,621 with the average base salary of $162,576. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $174,781 to $263,991 with the average total cash compensation of $221,654.
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144246
183621

 

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About Santa Maria, California    Santa Maria is a city near the Southern California coast in Santa Barbara County. It is approximately 65 miles (105 km) northwest of Santa Barbara and....More

Santa Maria, California  area prices were up 2.5% from a year ago    View the Cost of Living in Santa Maria, California

Commercial Loan Workout Officer IV Salary in popular cities: Los Angeles, San Diego, San Jose

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

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