Loan Workout Officer III Salaries

View Loan Workout Officer III Hourly Wages

Alternate Job Titles: Senior Loan Workout Officer, Loan Workout Officer III

What is the average annual salary for Loan Workout Officer III?
The annual salary for someone with the job title Loan Workout Officer III may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Loan Workout Officer III in the United States.

This chart describes the expected percentage of people who perform the job of Loan Workout Officer III in the United States that make less than that annual salary. For example the median expected annual pay for a typical Loan Workout Officer III in the United States is $96,930 so 50% of the people who perform the job of Loan Workout Officer III in the United Sates are expected to make less than $96,930.

Source: HR Reported data as of December 2014

Median $96,930
  • 10%$77,802
  • 25%$86,918
  • 75%$112,221
  • 90%$126,142

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Job Description for Loan Workout Officer III

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with the largest and highest complexity loans. May require a bachelor's degree in area of specialty and at least 5 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. May lead and direct the work of others. A wide degree of creativity and latitude is expected. Typically reports to a manager or head of a unit/department. View Loan Workout Officer III job description

View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K

Categories:  Banking, Financial Services

Industries:  Business Services, Financial Services

Similar Job Titles:  Commercial Loan Workout Officer III, Loan Workout Officer I, Loan Workout Officer II, Mortgage Loan Officer III, Commercial Loan Officer III, Commercial Loan Workout Officer IV, Commercial Loan Workout Officer I, Commercial Loan Workout Officer II, Loan Workout Manager

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