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Iowa Level I Commercial Loan Workout Officer Salaries
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Click to view salary reports for cities in Iowa or nearby states
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Job Description
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Commercial Loan Workout Officer I
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Restructures loans for commercial clients; works with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with small loans of little complexity. May require a bachelor's degree in area of specialty and 0-2 years of experience in the field or a related area. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Typically reports to a supervisor or manager.
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