How much does a Commercial Loan Workout Officer II make in Florida? The average Commercial Loan Workout Officer II salary in Florida is $86,651 as of April 24, 2024, but the range typically falls between $75,143 and $102,580. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Commercial Loan Workout Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Officer II Salary $64,667 FL April 24, 2024
25th Percentile Commercial Loan Workout Officer II Salary $75,143 FL April 24, 2024
50th Percentile Commercial Loan Workout Officer II Salary $86,651 FL April 24, 2024
75th Percentile Commercial Loan Workout Officer II Salary $102,580 FL April 24, 2024
90th Percentile Commercial Loan Workout Officer II Salary $117,083 FL April 24, 2024
25% $75,143 10% $64,667 90% $117,083 75% $102,580 $86,651 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Workout Officer II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

3.

Digital Transformation: The process of creating new or modifying existing non-digital business processes and services using digital technologies to meet the evolving market and customer needs.

Analysis 8.89%
Economics 2.22%
Digital Transformation 1.11%
Others 87.78%

Job Description for Commercial Loan Workout Officer II

Commercial Loan Workout Officer II 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 II works with loans of moderate size and complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer II typically reports to a manager or head of a unit/department. The Commercial Loan Workout Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Workout Officer II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commercial Loan Workout Officer II in Florida
  • Why have a job when you can build a career. We are proud to be defined by the excellent service and convenience offered to our members, as well as our dive...
    - 2 Days Ago
  • GENERAL DESCRIPTION OF POSITION. Responsible for extending credit within the policies and guidelines set forth in the loan policy. Responsible for ensuring...
    - 2 Days Ago
  • Why have a job when you can build a career. We are proud to be defined by the excellent service and convenience offered to our members, as well as our dive...
    - 3 Days Ago
  • We pride ourselves on building close relationships with our customers to understand their specific needs and provide tailored solutions for their business....
    - 4 Days Ago
  • We pride ourselves on building close relationships with our customers to understand their specific needs and provide tailored solutions for their business....
    - 4 Days Ago

Select a city to view specific salary and bonus information for Commercial Loan Workout Officer II

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Location Avg. Salary Date Updated
Location Coconut Creek, FL Avg. Salary $88,110 Date Updated April 24, 2024
Location Alachua, FL Avg. Salary $82,455 Date Updated April 24, 2024
Location Alford, FL Avg. Salary $77,712 Date Updated April 24, 2024
Location Altamonte Springs, FL Avg. Salary $86,559 Date Updated April 24, 2024
Location Altha, FL Avg. Salary $79,719 Date Updated April 24, 2024
Location Altoona, FL Avg. Salary $84,006 Date Updated April 24, 2024
Location Alturas, FL Avg. Salary $85,921 Date Updated April 24, 2024
Location Alva, FL Avg. Salary $85,100 Date Updated April 24, 2024
Location Anna Maria, FL Avg. Salary $86,377 Date Updated April 24, 2024
Location Anthony, FL Avg. Salary $81,999 Date Updated April 24, 2024

Career Path for Commercial Loan Workout Officer II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commercial Loan Workout Officer II, the first career path typically starts with a Commercial Loan Workout Officer III position, and then progresses to Commercial Loan Workout Officer IV.

Additionally, the second career path typically starts with a Loan Workout Officer III position, and then progresses to Banking & Commercial Loan Workout Manager.

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Commercial Loan Workout Officer II Salary in Florida
Commercial Loan Workout Officer II Salary Graph, Regional Distribution and Summary