Commercial Loan Workout Officer III Salary in Washington
Commercial Loan Workout Officer III Salary in Washington
How much does a Commercial Loan Workout Officer III make in Washington? The average Commercial Loan Workout Officer III salary in Washington is $132,550 as of April 24, 2024, but the range typically falls between $113,981 and $152,946. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Commercial Loan Workout Officer III Salary | $97,075 | WA | April 24, 2024 |
| 25th Percentile Commercial Loan Workout Officer III Salary | $113,981 | WA | April 24, 2024 |
| 50th Percentile Commercial Loan Workout Officer III Salary | $132,550 | WA | April 24, 2024 |
| 75th Percentile Commercial Loan Workout Officer III Salary | $152,946 | WA | April 24, 2024 |
| 90th Percentile Commercial Loan Workout Officer III Salary | $171,515 | WA | April 24, 2024 |
- View Average Salary for United States
-
Select State
-
Select City in WA
-
Choose Similar Job
-
Pick Related Category
- View Cost of Living in Washington
What skills does a Commercial Loan Workout Officer III 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
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.
Job Description for Commercial Loan Workout Officer III
Commercial Loan Workout Officer III 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 III works with loans of moderate to large size and complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer III typically reports to a manager or head of a unit/department. The Commercial Loan Workout Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Commercial Loan Workout Officer III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for Commercial Loan Workout Officer III.
Search Job Openings
Salary.com job board provides millions of Commercial Loan Workout Officer III information for you to search for. Click on search button below to see Commercial Loan Workout Officer III job openings or enter a new job title here.
-
Wheatland Bank - Pasco, WAAbout the Role. Wheatland Bank, is seeking a Commercial Loan Officer to be an integral part of our team. The Commercial Loan Officer develops new commercia...- 6 Days Ago
Select a city to view specific salary and bonus information for Commercial Loan Workout Officer III
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Aberdeen, WA | Avg. Salary $128,124 | Date Updated April 24, 2024 |
| Location Acme, WA | Avg. Salary $126,156 | Date Updated April 24, 2024 |
| Location Addy, WA | Avg. Salary $124,435 | Date Updated April 24, 2024 |
| Location Adna, WA | Avg. Salary $128,124 | Date Updated April 24, 2024 |
| Location Airway Heights, WA | Avg. Salary $125,419 | Date Updated April 24, 2024 |
| Location Albion, WA | Avg. Salary $124,435 | Date Updated April 24, 2024 |
| Location Allyn, WA | Avg. Salary $132,673 | Date Updated April 24, 2024 |
| Location Almira, WA | Avg. Salary $124,435 | Date Updated April 24, 2024 |
| Location Amanda Park, WA | Avg. Salary $128,124 | Date Updated April 24, 2024 |
| Location Amboy, WA | Avg. Salary $126,894 | Date Updated April 24, 2024 |
Career Path for Commercial Loan Workout Officer III
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 III, the first career path typically progresses to Commercial Loan Workout Officer IV.
Additionally, the second career path typically starts with a Banking & Commercial Loan Workout Manager position, and then progresses to Loan Workout Manager.
What does a Commercial Loan Workout Officer III do?
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
- Detailed skills and competency reports for specific positions
- Job and employee pricing reports
- Compensation data tools, salary structures, surveys and benchmarks.
About Washington
Similar Jobs to Commercial Loan Workout Officer III
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Officer III | Experience 7 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Level of Education for Commercial Loan Workout Officer III
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer III salary of your education level.
View Salary Data for All Nearby Cities
Most Popular Cities for Commercial Loan Workout Officer III Job
- Philadelphia, PA Commercial Loan Workout Officer III
- Austin, TX Commercial Loan Workout Officer III
- Chicago, IL Commercial Loan Workout Officer III
- Greenville, SC Commercial Loan Workout Officer III
- Cleveland, OH Commercial Loan Workout Officer III
- Denver, CO Commercial Loan Workout Officer III
- Olympia, WA Commercial Loan Workout Officer III
- Atlanta, GA Commercial Loan Workout Officer III
- Oakland, CA Commercial Loan Workout Officer III
- West Palm Beach, FL Commercial Loan Workout Officer III
Browse All Banking Jobs by Salary Level
Browse Related Job Categories With Commercial Loan Workout Officer III
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commercial Loan Workout Officer III salary varies from category to category. Click below to see Commercial Loan Workout Officer III salary in different categories.
About Washington Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the north....More
Skills associated with Commercial Loan Workout Officer III: Negotiation, Loss Mitigation, Banking Software, Debt Restructuring ...More
Salary estimation for Commercial Loan Workout Officer III at companies like : Mi Brickman Group LLC, Millennium Home Health Inc, Dynefco Industries Inc
