Commercial Loan Workout Officer IV Salary in Maryland
Commercial Loan Workout Officer IV Salary in Maryland
How much does a Commercial Loan Workout Officer IV make in Maryland? The average Commercial Loan Workout Officer IV salary in Maryland is $153,110 as of March 26, 2024, but the range typically falls between $135,848 and $172,934. 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 IV Salary | $120,132 | MD | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer IV Salary | $135,848 | MD | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer IV Salary | $153,110 | MD | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer IV Salary | $172,934 | MD | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer IV Salary | $190,982 | MD | March 26, 2024 |
NW Recruiting Partners - Kirkland, WA
Special Assets/Loan Workout Officer/ Portfolio Manager/ Hybrid
SVI Recruiting Group - Manhattan Beach, CA
Commercial Loan Officer - Boise Area
Westmark Credit Union - Meridian, ID
F&M Bank and Trust Company - O'Fallon, MO
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What skills does a Commercial Loan Workout Officer IV need?
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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.
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Job Description for Commercial Loan Workout Officer IV
Commercial Loan Workout Officer IV 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 IV works with the largest and most complex loans. Typically requires a bachelor's degree. Additionally, Commercial Loan Workout Officer IV typically reports to a manager or head of a unit/department. Commercial Loan Workout Officer IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Commercial Loan Workout Officer IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Dundalk, MD | Avg. Salary $152,665 | Date Updated March 26, 2024 |
| Location Abell, MD | Avg. Salary $164,545 | Date Updated March 26, 2024 |
| Location Aberdeen, MD | Avg. Salary $149,546 | Date Updated March 26, 2024 |
| Location Aberdeen Proving Ground, MD | Avg. Salary $150,437 | Date Updated March 26, 2024 |
| Location Abingdon, MD | Avg. Salary $149,695 | Date Updated March 26, 2024 |
| Location Accident, MD | Avg. Salary $132,913 | Date Updated March 26, 2024 |
| Location Accokeek, MD | Avg. Salary $164,991 | Date Updated March 26, 2024 |
| Location Adamstown, MD | Avg. Salary $161,427 | Date Updated March 26, 2024 |
| Location Allen, MD | Avg. Salary $157,862 | Date Updated March 26, 2024 |
| Location Andrews Air Force Base, MD | Avg. Salary $165,288 | Date Updated March 26, 2024 |
Career Path for Commercial Loan Workout Officer IV
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 IV, the upper level is Banking & Commercial Loan Workout Manager and then progresses to Loan Workout Manager.
What does a Commercial Loan Workout Officer IV do?
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About Maryland
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| Job Title Banking & Commercial Loan Workout Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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Level of Education for Commercial Loan Workout Officer IV
Jobs with different levels of education may pay very differently. Check the Commercial Loan Workout Officer IV salary of your education level.
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Most Popular Cities for Commercial Loan Workout Officer IV Job
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About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
Skills associated with Commercial Loan Workout Officer IV: Loan Software, Loss Mitigation, Debt Restructuring, Banking Software ...More
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