How much does a Commercial Loan Workout Officer I make in New Hampshire? The average Commercial Loan Workout Officer I salary in New Hampshire is $68,266 as of March 26, 2024, but the range typically falls between $62,924 and $78,863. 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 $58,061 NH March 26, 2024
25th Percentile Commercial Loan Workout Officer I Salary $62,924 NH March 26, 2024
50th Percentile Commercial Loan Workout Officer I Salary $68,266 NH March 26, 2024
75th Percentile Commercial Loan Workout Officer I Salary $78,863 NH March 26, 2024
90th Percentile Commercial Loan Workout Officer I Salary $88,511 NH March 26, 2024
25% $62,924 10% $58,061 90% $88,511 75% $78,863 $68,266 50%(Median) Didn’t find job title? Click
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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.

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

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Job Openings for Commercial Loan Workout Officer I in New Hampshire

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Location Avg. Salary Date Updated
Location Bedford, NH Avg. Salary $68,736 Date Updated March 26, 2024
Location Derry, NH Avg. Salary $70,682 Date Updated March 26, 2024
Location Merrimack, NH Avg. Salary $72,763 Date Updated March 26, 2024
Location Salem, NH Avg. Salary $71,689 Date Updated March 26, 2024
Location Acworth, NH Avg. Salary $68,602 Date Updated March 26, 2024
Location Alstead, NH Avg. Salary $68,602 Date Updated March 26, 2024
Location Alton, NH Avg. Salary $68,870 Date Updated March 26, 2024
Location Alton Bay, NH Avg. Salary $68,870 Date Updated March 26, 2024
Location Amherst, NH Avg. Salary $72,763 Date Updated March 26, 2024
Location Andover, NH Avg. Salary $69,004 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.

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Commercial Loan Workout Officer I Salary in New Hampshire
Commercial Loan Workout Officer I Salary Graph, Regional Distribution and Summary