Commercial Loan Workout Officer I Salaries

View Commercial Loan Workout Officer I Hourly Wages

Alternate Job Titles: Commercial Loan Workout Officer I, Entry Level Commercial Loan Workout Officer, Level I Commercial Loan Workout Officer

What is the average annual salary for Commercial Loan Workout Officer I?
The annual salary for someone with the job title Commercial Loan Workout Officer I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Commercial Loan Workout Officer I in the United States.

This chart describes the expected percentage of people who perform the job of Commercial Loan Workout Officer I in the United States that make less than that annual salary. For example the median expected annual pay for a typical Commercial Loan Workout Officer I in the United States is $49,142 so 50% of the people who perform the job of Commercial Loan Workout Officer I in the United Sates are expected to make less than $49,142.

Source: HR Reported data as of November 2014

Median $49,142
  • 10%$39,362
  • 25%$44,023
  • 75%$56,351
  • 90%$62,915

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Job Description for Commercial Loan Workout Officer I

Restructures loans for commercial clients; works with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with small loans of little complexity. May require a bachelor's degree in area of specialty and 0-2 years of experience in the field or a related area. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Typically reports to a supervisor or manager. View Commercial Loan Workout Officer I job description

View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K

Categories:  Banking, Entry Level, Financial Services

Industries:  Financial Services

Similar Job Titles:  Commercial Loan Workout Officer IV, Commercial Loan Workout Officer II, Commercial Loan Workout Officer III, Commercial Loan Officer I, Loan Workout Officer I, Commercial Real Estate Loan Officer I, Commercial Loan Review Officer I, Commercial Loan Business Development Officer I, Banking & Commercial Loan Workout Manager

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