Commercial Loan Workout Officer I Salary in Florida
Commercial Loan Workout Officer I Salary in Florida
How much does a Commercial Loan Workout Officer I make in Florida? The average Commercial Loan Workout Officer I salary in Florida is $63,769 as of March 26, 2024, but the range typically falls between $58,779 and $73,667. 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 | $54,236 | FL | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer I Salary | $58,779 | FL | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer I Salary | $63,769 | FL | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer I Salary | $73,667 | FL | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer I Salary | $82,680 | FL | March 26, 2024 |
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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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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 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
See user submitted job responsibilities for Commercial Loan Workout Officer I.
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Select a city to view specific salary and bonus information for Commercial Loan Workout Officer I
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Coconut Creek, FL | Avg. Salary $64,843 | Date Updated March 26, 2024 |
| Location Alachua, FL | Avg. Salary $60,681 | Date Updated March 26, 2024 |
| Location Alford, FL | Avg. Salary $57,190 | Date Updated March 26, 2024 |
| Location Altamonte Springs, FL | Avg. Salary $63,701 | Date Updated March 26, 2024 |
| Location Altha, FL | Avg. Salary $58,667 | Date Updated March 26, 2024 |
| Location Altoona, FL | Avg. Salary $61,822 | Date Updated March 26, 2024 |
| Location Alturas, FL | Avg. Salary $63,232 | Date Updated March 26, 2024 |
| Location Alva, FL | Avg. Salary $62,627 | Date Updated March 26, 2024 |
| Location Anna Maria, FL | Avg. Salary $63,567 | Date Updated March 26, 2024 |
| Location Anthony, FL | Avg. Salary $60,345 | 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.
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Most Popular Cities for Commercial Loan Workout Officer I Job
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About Florida Florida (/ˈflɒrɪdə/ (listen); Spanish for "land of flowers") is the southernmost contiguous state in the United States. The state is bordered to the w....More
Skills associated with Commercial Loan Workout Officer I: Debt Restructuring, Loss Mitigation, Loan Software, Negotiation ...More
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