Commercial Loan Workout Officer IV Salary in Washington
Commercial Loan Workout Officer IV Salary in Washington
How much does a Commercial Loan Workout Officer IV make in Washington? The average Commercial Loan Workout Officer IV salary in Washington is $160,090 as of March 26, 2024, but the range typically falls between $142,041 and $180,817. 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 | $125,608 | WA | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer IV Salary | $142,041 | WA | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer IV Salary | $160,090 | WA | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer IV Salary | $180,817 | WA | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer IV Salary | $199,688 | WA | March 26, 2024 |
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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.
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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 Aberdeen, WA | Avg. Salary $154,744 | Date Updated March 26, 2024 |
| Location Acme, WA | Avg. Salary $152,368 | Date Updated March 26, 2024 |
| Location Addy, WA | Avg. Salary $150,289 | Date Updated March 26, 2024 |
| Location Adna, WA | Avg. Salary $154,744 | Date Updated March 26, 2024 |
| Location Airway Heights, WA | Avg. Salary $151,477 | Date Updated March 26, 2024 |
| Location Albion, WA | Avg. Salary $150,289 | Date Updated March 26, 2024 |
| Location Allyn, WA | Avg. Salary $160,239 | Date Updated March 26, 2024 |
| Location Almira, WA | Avg. Salary $150,289 | Date Updated March 26, 2024 |
| Location Amanda Park, WA | Avg. Salary $154,744 | Date Updated March 26, 2024 |
| Location Amboy, WA | Avg. Salary $153,259 | 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 Washington
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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 Washington Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the north....More
Skills associated with Commercial Loan Workout Officer IV: Loan Software, Loss Mitigation, Debt Restructuring, Banking Software ...More
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