How much does a Commercial Loan Workout Officer IV earn in the United States? The average Commercial Loan Workout Officer IV salary in the United States is $131,624 as of March 28, 2019, but the range typically falls between $116,809 and $148,648. 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
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 the largest and most complex loans. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Typically requires 7+ years of related experience.
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Includes bonus, healthcare, and retirement
4 - 7 years experience
7 + years experience
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