Commercial Loan Workout Officer I Salary in Texas
Commercial Loan Workout Officer I Salary in Texas
How much does a Commercial Loan Workout Officer I make in Texas? The average Commercial Loan Workout Officer I salary in Texas is $65,715 as of March 26, 2024, but the range typically falls between $60,573 and $75,916. 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 | $55,891 | TX | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer I Salary | $60,573 | TX | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer I Salary | $65,715 | TX | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer I Salary | $75,916 | TX | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer I Salary | $85,204 | TX | March 26, 2024 |
Foothill Federal Credit Union - Arcadia, CA
Commercial Loan Underwriter II-III
Fresno First Bank - Fresno, CA
Summit Lending - Huntington Beach, CA
Special Assets/Loan Workout Officer/ Portfolio Manager/ Hybrid
SVI Recruiting Group - Manhattan Beach, CA
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What skills does a Commercial Loan Workout Officer I need?
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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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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Abbott, TX | Avg. Salary $59,607 | Date Updated March 26, 2024 |
| Location Abernathy, TX | Avg. Salary $59,674 | Date Updated March 26, 2024 |
| Location Abilene, TX | Avg. Salary $60,010 | Date Updated March 26, 2024 |
| Location Ace, TX | Avg. Salary $64,238 | Date Updated March 26, 2024 |
| Location Ackerly, TX | Avg. Salary $59,405 | Date Updated March 26, 2024 |
| Location Addison, TX | Avg. Salary $66,252 | Date Updated March 26, 2024 |
| Location Adkins, TX | Avg. Salary $63,299 | Date Updated March 26, 2024 |
| Location Adrian, TX | Avg. Salary $60,479 | Date Updated March 26, 2024 |
| Location Afton, TX | Avg. Salary $59,405 | Date Updated March 26, 2024 |
| Location Agua Dulce, TX | Avg. Salary $62,493 | 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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| 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 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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About Texas Texas (/ˈtɛksəs/, locally /ˈtɛksɪz/; Spanish: Texas or Tejas Spanish pronunciation: [ˈtexas] (listen)) is the second largest state in the United State....More
Skills associated with Commercial Loan Workout Officer I: Debt Restructuring, Loss Mitigation, Loan Software, Negotiation ...More
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