How much does a Loan Workout Officer II make in Oregon? The average Loan Workout Officer II salary in Oregon is $94,060 as of April 24, 2024, but the range typically falls between $78,565 and $110,860. 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.

Loan Workout Officer II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Workout Officer II Salary $64,457 OR April 24, 2024
25th Percentile Loan Workout Officer II Salary $78,565 OR April 24, 2024
50th Percentile Loan Workout Officer II Salary $94,060 OR April 24, 2024
75th Percentile Loan Workout Officer II Salary $110,860 OR April 24, 2024
90th Percentile Loan Workout Officer II Salary $126,154 OR April 24, 2024
25% $78,565 10% $64,457 90% $126,154 75% $110,860 $94,060 50%(Median) Didn’t find job title? Click
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What skills does a Loan Workout Officer II need?

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.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.

Tax Return: Calculating an entity’s income earned with the amount of tax payable to the government, organizations, or potential taxpayers.

Customer Service 7.06%
Futures 2.22%
Tax Return 1.27%
Others 89.45%

Job Description for Loan Workout Officer II

Loan Workout Officer II restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower and to facilitate collection. Works with mid- and large-size loans of medium to high complexity. Being a Loan Workout Officer II analyzes financial data and provides required reporting. May specialize in a particular loan type or industry. Additionally, Loan Workout Officer II typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Loan Workout Officer II typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Workout Officer II in Oregon
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  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for Mortgage Operations Specialists. MUST KNOW....
    - 11 Months Ago
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Select a city to view specific salary and bonus information for Loan Workout Officer II

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Location Avg. Salary Date Updated
Location Clackamas, OR Avg. Salary $96,282 Date Updated April 24, 2024
Location Oregon City, OR Avg. Salary $96,097 Date Updated April 24, 2024
Location Adams, OR Avg. Salary $97,393 Date Updated April 24, 2024
Location Adel, OR Avg. Salary $91,376 Date Updated April 24, 2024
Location Adrian, OR Avg. Salary $84,710 Date Updated April 24, 2024
Location Agness, OR Avg. Salary $91,376 Date Updated April 24, 2024
Location Albany, OR Avg. Salary $91,931 Date Updated April 24, 2024
Location Allegany, OR Avg. Salary $91,561 Date Updated April 24, 2024
Location Alsea, OR Avg. Salary $91,653 Date Updated April 24, 2024
Location Alvadore, OR Avg. Salary $92,672 Date Updated April 24, 2024

Career Path for Loan Workout Officer II

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 II, the first career path typically starts with a Commercial Loan Workout Officer III position, and then progresses to Commercial Loan Workout Officer IV.

Additionally, the second career path typically starts with a Loan Workout Officer III position, and then progresses to Banking & Commercial Loan Workout Manager.

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Loan Workout Officer II Salary in Oregon
Loan Workout Officer II Salary Graph, Regional Distribution and Summary