How much does a Loan Workout Officer I make in the United States? The average Loan Workout Officer I salary in the United States is $63,029 as of April 27, 2019, but the range typically falls between $56,233 and $74,431. 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 the Cost of Living in Major Cities
Loan Workout Officer I 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. Being a Loan Workout Officer I typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Workout Officer I typically requires 0-2 years of related experience. (Copyright 2019 Salary.com)
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0 - 2 years experience
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