Salary for
Commercial Loan Workout Officer II in the United States

How much does a Commercial Loan Workout Officer II earn in the United States? The average Commercial Loan Workout Officer II salary in the United States is $80,268 as of March 28, 2019, but the range typically falls between $69,592 and $95,017. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View Cost of Living in Major Cities

Job Description

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with loans of moderate size and complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Gaining exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience.

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Salary range for a Commercial Loan Workout Officer II
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Average Base Salary

Core compensation

 
 
 
69592
95017
80268

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
74950
112641
91120
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Commercial Loan Workout Officer II in the United States. The base salary for Commercial Loan Workout Officer II ranges from $69,592 to $95,017 with the average base salary of $80,268. The total compensation, which includes bonus, health and retirement, can vary anywhere from $74,950 to $112,641 with the average total compensation of $91,120.
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69592
95017
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Career Path for this job

  1. Down a level:

    Commercial Loan Workout Officer I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Commercial Loan Workout Officer II

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Commercial Loan Workout Officer III

    4 - 7 years experience
    Bachelor's Degree

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Job Openings for Commercial Loan Workout Officer II