Salary for
Loan Workout Officer III in the United States

How much does a Loan Workout Officer III earn in the United States? The average Loan Workout Officer III salary in the United States is $121,540 as of January 31, 2019, but the range typically falls between $106,379 and $136,636. 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

Take just three simple steps below to generate your own personalized salary report.

Job Description

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower and to facilitate collection. Works with the largest and highest complexity loa

Salary range for a Loan Workout Officer III
Customize your search to determine an exact salary target
Step of 3

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

Average Base Salary

Core compensation

 
 
 
106379
136636
121540

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
119951
157267
139525
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Loan Workout Officer III in the United States. The base salary for Loan Workout Officer III ranges from $106,379 to $136,636 with the average base salary of $121,540. The total compensation, which includes bonus, health and retirement, can vary anywhere from $119,951 to $157,267 with the average total compensation of $139,525.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

106379
136636
Your Salary

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Loan Workout Officer II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Loan Workout Officer III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Banking & Commercial Loan Workout Manager

    5 + years experience
    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Loan Workout Officer III