Hourly Wage for MANHATTAN BRIDGE CAPITAL INC Commercial Loan Workout Officer III Salary in the United States

How much does a Commercial Loan Workout Officer III make hourly at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average hourly wage for a Commercial Loan Workout Officer III at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $61 as of March 26, 2024, but the range typically falls between $52 and $70. Hourly rate 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.  View the Cost of Living in Major Cities

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What does a Commercial Loan Workout Officer III do at companies like MANHATTAN BRIDGE CAPITAL INC?

Commercial Loan Workout Officer III 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 III works with loans of moderate to large size and complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer III typically reports to a manager or head of a unit/department. The Commercial Loan Workout Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Workout Officer III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)

See user submitted job responsibilities for Commercial Loan Workout Officer III.

Check out Commercial Loan Workout Officer III jobs in Columbus, Ohio

Bilingual Loan Processor (On-Site)

CrossCountry Mortgage, LLC. - Amherst, OH

Loan Processor

Andover Bank - Andover, OH

Mortgage Loan Officer

Lee Wealth Group Mortgage - Columbus, OH

$52 Low Average $61 High $70

Understand the total hourly compensation opportunity for Commercial Loan Workout Officer III at companies like MANHATTAN BRIDGE CAPITAL INC, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
$52
$70
$61

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
$57
$83
$71
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job for Commercial Loan Workout Officer III in companies like MANHATTAN BRIDGE CAPITAL INC in the United States. The average hourly rate for Commercial Loan Workout Officer III in companies like MANHATTAN BRIDGE CAPITAL INC range from $52 to $70 with the average hourly pay of $61. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $57 to $83 with the average total hourly cash compensation of $71.
Job Openings for MANHATTAN BRIDGE CAPITAL INC Commercial Loan Workout Officer III
Westfield Bank - Westfield Center , OH
Mike Wagar Agency Banking Commercial Loan Officer 2 Job Summary The Agency Banking Commercial Loan Officer 2 is responsible for representing Westfield Bank to potential external customers for the ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 46 days ago
Acts as a resource in responding to inquiries and resolving problems for Loan Officers. Proactively ... Associates Degree in Accounting or equivalent banking experience. · Experience: 1-3 years loan ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 1 day ago
Civista Bank - Sandusky , OH
Qualifications, Knowledge and Skills: * 3-5 years of related loan processing experience and/or ... Knowledge of commercial, construction, real estate and consumer loan products and processing
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 20 days ago
UNIFIED BANK - Martins Ferry , OH
... use). 3. Works with the loan officer to identify the proper program, obtain the proper commitment and monitor the progress of the loan application on an active basis so as to close the highest ...
ZipRecruiter - 44 days ago
Impressia Bank - Columbus , OH
Maintain and service commercial loans including collection efforts. Below is a list of essential job functions. Additional responsibilities may be assigned in the position. PROVIDE ENHANCED CLIENT ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 7 days ago
First Merchants Bank - Columbus , OH
... Loan, Deposit, Fair Lending, Marketing, Digital, Regulatory Change, Complaints, Compliance ... A minimum of three (3) years of experience as a bank Compliance professional or a minimum of two ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 16 days ago

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