Commercial Loan Workout Officer I Salary in Alaska
Commercial Loan Workout Officer I Salary in Alaska
How much does a Commercial Loan Workout Officer I make in Alaska? The average Commercial Loan Workout Officer I salary in Alaska is $73,099 as of March 26, 2024, but the range typically falls between $67,379 and $84,446. 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 I Salary | $62,171 | AK | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer I Salary | $67,379 | AK | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer I Salary | $73,099 | AK | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer I Salary | $84,446 | AK | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer I Salary | $94,777 | AK | March 26, 2024 |
Summit Lending - Huntington Beach, CA
Sr. Loan Officer - Orange County Market
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Commercial Loan Officer - Boise Area
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What skills does a Commercial Loan Workout Officer I 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.
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Job Description for Commercial Loan Workout Officer I
Commercial Loan Workout Officer I 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 I works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer I typically reports to a supervisor or manager. The Commercial Loan Workout Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Workout Officer I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Palmer, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Sitka, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Adak, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Akiachak, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Akiak, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Akutan, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Alakanuk, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Aleknagik, AK | Avg. Salary $72,965 | Date Updated March 26, 2024 |
| Location Allakaket, AK | Avg. Salary $73,502 | Date Updated March 26, 2024 |
| Location Ambler, AK | Avg. Salary $73,502 | Date Updated March 26, 2024 |
Career Path for Commercial Loan Workout Officer I
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 I, the first career path typically starts with a Commercial Loan Workout Officer II position, and then progresses to Commercial Loan Workout Officer IV.
Additionally, the second career path typically starts with a Loan Workout Officer II position, and then progresses to Banking & Commercial Loan Workout Manager.
What does a Commercial Loan Workout Officer I do?
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Level of Education for Commercial Loan Workout Officer I
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer I salary of your education level.
Most Popular Cities for Commercial Loan Workout Officer I Job
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About Alaska Alaska is the northernmost and westernmost state in the United States and has the most easterly longitude in the United States because the Aleutian Is....More
Skills associated with Commercial Loan Workout Officer I: Debt Restructuring, Loss Mitigation, Loan Software, Negotiation ...More
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