Salary for
Commercial Loan Workout Officer IV in the United States

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

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

Core compensation

 
 
 
116809
148648
131624

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
141556
213885
179579
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Commercial Loan Workout Officer IV in the United States. The base salary for Commercial Loan Workout Officer IV ranges from $116,809 to $148,648 with the average base salary of $131,624. The total compensation, which includes bonus, health and retirement, can vary anywhere from $141,556 to $213,885 with the average total compensation of $179,579.
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116809
148648
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Career Path for this job

  1. Down a level:

    Commercial Loan Workout Officer III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Commercial Loan Workout Officer IV

    7 + years experience
    Bachelor's Degree

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Job Openings for Commercial Loan Workout Officer IV