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 $64,434 as of April 27, 2020, but the range typically falls between $57,497 and $76,099. 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.
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 2020 Salary.com)... View full job description
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
PayPal Holdings, Inc.
Fiscal Year Ended in 2018
What does a Loan Workout Officer I do?
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Officer I in the United States. The base salary for Loan Workout Officer I ranges from $57,497 to $76,099 with the average base salary of $64,434. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $59,434 to $83,865 with the average total cash compensation of $68,348.