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You're not
done yet!
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The median expected salary for a typical Commercial Loan Workout Officer IV
in the United States is $120,203. 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.
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Source: HR Reported data as of May 2013
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Job Description for Commercial Loan Workout Officer IV
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Restructures loans for commercial clients; works with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with the largest and most complex loans. May require a bachelor's degree in area of specialty and 6-8 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. May lead and direct the work of others. A wide degree of creativity and latitude is expected. Typically reports to a manager or head of a unit/department.
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Alternate Job Titles: Commercial Loan Workout Officer IV, Level IV Commercial Loan Workout Officer
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