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The median expected salary for a typical Commercial Loan Workout Officer III in the United States is $86,351. 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 June 2013
Job Description for Commercial Loan Workout Officer III 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 mid- to large-size loans of moderate to high complexity. May require a bachelor's degree in area of specialty and 4-6 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures within a particular field. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. A wide degree of creativity and latitude is expected. Typically reports to a manager or head of a unit/department.
Alternate Job Titles: Commercial Loan Workout Officer III, Level III Commercial Loan Workout Officer, Senior Level Commercial Loan Workout Officer
Categories:  Banking , Financial Services
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