How much does a Loan Workout Officer I make in Maryland? The average Loan Workout Officer I salary in Maryland is $73,822 as of April 24, 2024, but the range typically falls between $65,880 and $87,178. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Loan Workout Officer I Salary | $58,649 | MD | April 24, 2024 |
25th Percentile Loan Workout Officer I Salary | $65,880 | MD | April 24, 2024 |
50th Percentile Loan Workout Officer I Salary | $73,822 | MD | April 24, 2024 |
75th Percentile Loan Workout Officer I Salary | $87,178 | MD | April 24, 2024 |
90th Percentile Loan Workout Officer I Salary | $99,337 | MD | April 24, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
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Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
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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 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Dundalk, MD | Avg. Salary $73,607 | Date Updated April 24, 2024 |
Location Abell, MD | Avg. Salary $79,335 | Date Updated April 24, 2024 |
Location Aberdeen, MD | Avg. Salary $72,103 | Date Updated April 24, 2024 |
Location Aberdeen Proving Ground, MD | Avg. Salary $72,533 | Date Updated April 24, 2024 |
Location Abingdon, MD | Avg. Salary $72,175 | Date Updated April 24, 2024 |
Location Accident, MD | Avg. Salary $64,084 | Date Updated April 24, 2024 |
Location Accokeek, MD | Avg. Salary $79,550 | Date Updated April 24, 2024 |
Location Adamstown, MD | Avg. Salary $77,831 | Date Updated April 24, 2024 |
Location Allen, MD | Avg. Salary $76,113 | Date Updated April 24, 2024 |
Location Andrews Air Force Base, MD | Avg. Salary $79,693 | Date Updated April 24, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Loan Workout Officer I, the first career path typically starts with a Commercial Loan Workout Officer II position, and then progresses to Commercial Loan Workout Officer IV.
Additionally, the second career path typically starts with a Loan Workout Officer II position, and then progresses to Banking & Commercial Loan Workout Manager.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Loan Workout Officer I salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Loan Workout Officer I salary varies from category to category. Click below to see Loan Workout Officer I salary in different categories.
About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
Skills associated with Loan Workout Officer I: Loan Software, Negotiation, Loss Mitigation, Banking Software ...More
Salary estimation for Loan Workout Officer I at companies like : Westvale School - 2300 West, Valencia College Orlando, Financial Natural Resources Ltd