Commercial Loan Workout Officer I Salary in Wisconsin
Commercial Loan Workout Officer I Salary in Wisconsin
How much does a Commercial Loan Workout Officer I make in Wisconsin? The average Commercial Loan Workout Officer I salary in Wisconsin is $66,319 as of March 26, 2024, but the range typically falls between $61,130 and $76,614. 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 | $56,405 | WI | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Officer I Salary | $61,130 | WI | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Officer I Salary | $66,319 | WI | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Officer I Salary | $76,614 | WI | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Officer I Salary | $85,987 | WI | March 26, 2024 |
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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.
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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.
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.
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 Abbotsford, WI | Avg. Salary $62,627 | Date Updated March 26, 2024 |
| Location Abrams, WI | Avg. Salary $63,836 | Date Updated March 26, 2024 |
| Location Adams, WI | Avg. Salary $65,581 | Date Updated March 26, 2024 |
| Location Adell, WI | Avg. Salary $66,185 | Date Updated March 26, 2024 |
| Location Afton, WI | Avg. Salary $65,380 | Date Updated March 26, 2024 |
| Location Albany, WI | Avg. Salary $65,380 | Date Updated March 26, 2024 |
| Location Algoma, WI | Avg. Salary $63,500 | Date Updated March 26, 2024 |
| Location Allenton, WI | Avg. Salary $66,185 | Date Updated March 26, 2024 |
| Location Alma, WI | Avg. Salary $66,655 | Date Updated March 26, 2024 |
| Location Alma Center, WI | Avg. Salary $62,627 | 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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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 Wisconsin Wisconsin is bordered by the Montreal River; Lake Superior and Michigan to the north; by Lake Michigan to the east; by Illinois to the south; and by I....More
Skills associated with Commercial Loan Workout Officer I: Debt Restructuring, Loss Mitigation, Loan Software, Negotiation ...More
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