How much does a Commercial Loan Workout Officer I make in Montana? The average Commercial Loan Workout Officer I salary in Montana is $61,234 as of February 26, 2024, but the range typically falls between $56,446 and $70,745. 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.

Commercial Loan Workout Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Officer I Salary $52,086 MT February 26, 2024
25th Percentile Commercial Loan Workout Officer I Salary $56,446 MT February 26, 2024
50th Percentile Commercial Loan Workout Officer I Salary $61,234 MT February 26, 2024
75th Percentile Commercial Loan Workout Officer I Salary $70,745 MT February 26, 2024
90th Percentile Commercial Loan Workout Officer I Salary $79,405 MT February 26, 2024
25% $56,446 10% $52,086 90% $79,405 75% $70,745 $61,234 50%(Median) Didn’t find job title? Click
Change Search Criteria

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

Analysis 8.89%
Economics 2.22%
Digital Transformation 1.11%
Others 87.78%

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

Employers: Job Description Management Tool

See user submitted job responsibilities for Commercial Loan Workout Officer I.

Salary.com job board provides millions of Commercial Loan Workout Officer I information for you to search for. Click on search button below to see Commercial Loan Workout Officer I job openings or enter a new job title here.

Job Openings for Commercial Loan Workout Officer I in Montana

Select a city to view specific salary and bonus information for Commercial Loan Workout Officer I

Loading results...
Location Avg. Salary Date Updated
Location Belgrade, MT Avg. Salary $56,566 Date Updated February 26, 2024
Location Absarokee, MT Avg. Salary $63,432 Date Updated February 26, 2024
Location Acton, MT Avg. Salary $63,968 Date Updated February 26, 2024
Location Alberton, MT Avg. Salary $62,494 Date Updated February 26, 2024
Location Alder, MT Avg. Salary $58,226 Date Updated February 26, 2024
Location Alzada, MT Avg. Salary $57,933 Date Updated February 26, 2024
Location Anaconda, MT Avg. Salary $56,566 Date Updated February 26, 2024
Location Angela, MT Avg. Salary $63,432 Date Updated February 26, 2024
Location Antelope, MT Avg. Salary $64,383 Date Updated February 26, 2024
Location Arlee, MT Avg. Salary $56,566 Date Updated February 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.

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Commercial Loan Workout Officer I Salary in Montana
Commercial Loan Workout Officer I Salary Graph, Regional Distribution and Summary