How much does a Commercial Loan Workout Officer IV make in Tennessee? The average Commercial Loan Workout Officer IV salary in Tennessee is $136,187 as of February 26, 2024, but the range typically falls between $120,826 and $153,813. 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 IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Officer IV Salary $106,842 TN February 26, 2024
25th Percentile Commercial Loan Workout Officer IV Salary $120,826 TN February 26, 2024
50th Percentile Commercial Loan Workout Officer IV Salary $136,187 TN February 26, 2024
75th Percentile Commercial Loan Workout Officer IV Salary $153,813 TN February 26, 2024
90th Percentile Commercial Loan Workout Officer IV Salary $169,860 TN February 26, 2024
25% $120,826 10% $106,842 90% $169,860 75% $153,813 $136,187 50%(Median) Didn’t find job title? Click
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What skills does a Commercial Loan Workout Officer IV 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 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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Job Openings for Commercial Loan Workout Officer IV in Tennessee

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Location Avg. Salary Date Updated
Location Adams, TN Avg. Salary $134,142 Date Updated February 26, 2024
Location Adamsville, TN Avg. Salary $126,565 Date Updated February 26, 2024
Location Afton, TN Avg. Salary $129,704 Date Updated February 26, 2024
Location Alamo, TN Avg. Salary $136,246 Date Updated February 26, 2024
Location Alcoa, TN Avg. Salary $135,782 Date Updated February 26, 2024
Location Alexandria, TN Avg. Salary $137,081 Date Updated February 26, 2024
Location Allardt, TN Avg. Salary $134,883 Date Updated February 26, 2024
Location Allons, TN Avg. Salary $135,982 Date Updated February 26, 2024
Location Allred, TN Avg. Salary $134,883 Date Updated February 26, 2024
Location Alpine, TN Avg. Salary $134,883 Date Updated February 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.

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Commercial Loan Workout Officer IV Salary in Tennessee
Commercial Loan Workout Officer IV Salary Graph, Regional Distribution and Summary