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Loan Workout Officer Salary

United States » Job » Loan Workout Officer Overview » Loan Workout Officer Salary

Updated: 14 May 2013

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Loan Workout Officer 2013 Total Pay (?

XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.

)

$31,861 - $120,559

(Median)

32K

50K

74K

96K

120K

MEDIAN: $74,090

10%

25%

50%

75%

90%

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Want local data for this job?

National Salary Data

	National Salary Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	$0	$50K	$100K	$150K
Salary	$44,831 - $105,428
Bonus	$1,987 - $30,915
Profit Sharing	$800 - $1,800
Total Pay (? XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare). )	$31,861 - $120,559
Country: United States \| Currency: USD \| Updated: 14 May 2013 \| Individuals Reporting: 55

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Loan Workout Officer Job Listings

Junior Loan Workout Officer

May 08

Capital Crossing Servicing Company LLC - Boston, MA

post-closing review of loan documentation. Maintain... 3-5 years of experience. Exposure to commercial loan workouts. Demonstrated leadership and ability to work... - Indeed

Apply For This Job »

Loan Workout Officer

Apr 10

Zions Bancorporation - Phoenix, AZ

residential loans and to control legal, collection and sub-servicing expenses related to delinquent loans... loan charge offs for adversely-graded loans and to... - Indeed

Apply For This Job »

SBA Loan Workout Officer

Apr 20

Executive Leadership Solutions - United States

SBA Loan Workout Officer. Looking for candidates with a minimum of 5 years experience in handling SBA Loan Workouts. Need tto possess knowledge of the SBA Loan... - Indeed

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Loan Workout Officer Tasks

Track and maintain credit and loan data.
Work directly with clients to review agreements, explain programs, and negotiate loans and terms.
Obtain and compile financial information to evaluate loan applications and their risk.
Generate new clients and referrals through strong relationship building.

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Companies and Industries for Loan Workout Officer Salaries

Popular Industries

Salary Range


Banking	$28,472 - $79,647
Mortgage Lending, Loans, or Credit Products	$28,355 - $85,817
Financial Services	$29,508 - $85,008

Popular Employers

Salary Range

There is not enough data available to display this chart.

Key Statistics for Loan Workout Officer Salaries and Jobs

Gender

	Female 36%			Male 64%
Salary:	$52,988 - $82,000			$52,923 - $93,587

Years of Experience

Less than 1 year

1-4 years

35%

5-9 years

24%

10-19 years

22%

20 years or more

18%

Top Degrees

Salary Range


Bachelor's Degree	$43,588 - $126,677
Bachelor of Science (BS / BSc), Finance	$54,500 - $82,500

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Most Common Health Benefits

	Medical: 92%		Dental: 88%
	Vision: 71%		None: 6%

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