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The median expected salary for a typical Commercial Loan Workout Officer I in the United States is $44,553. This basic market pricing report was prepared using our Certified Compensation Professionals' analysis of survey data collected from thousands of HR departments at employers of all sizes, industries and geographies.
Source: HR Reported data as of May 2013
Job Description for Commercial Loan Workout Officer I New Search   
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.
Alternate Job Titles: Commercial Loan Workout Officer I, Entry Level Commercial Loan Workout Officer, Level I Commercial Loan Workout Officer
Categories:  Banking , Entry Level , Financial Services
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