Salary for
Loan Workout Officer I in the United States

How much does a Loan Workout Officer I earn in the United States? The average Loan Workout Officer I salary in the United States is $62,675 as of January 31, 2019, but the range typically falls between $55,928 and $74,027. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View Cost of Living in Major Cities

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Job Description

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Typically

Salary range for a Loan Workout Officer I
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Understand the total compensation opportunity for a Loan Workout Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
55928
74027
62675

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
57819
81579
66480
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Loan Workout Officer I in the United States. The base salary for Loan Workout Officer I ranges from $55,928 to $74,027 with the average base salary of $62,675. The total compensation, which includes bonus, health and retirement, can vary anywhere from $57,819 to $81,579 with the average total compensation of $66,480.
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55928
74027
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Career Path for this job

  1. This Job:

    Loan Workout Officer I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Loan Workout Officer II

    2 - 4 years experience
    Bachelor's Degree

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Job Openings for Loan Workout Officer I