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. 

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25% $57,497 10% $51,181 90% $86,720 75% $76,099 $64,434 50%(Median)
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Job Description for Loan Workout Officer I

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

See user submitted job responsibilities for Loan Workout Officer I.

Job Openings for Loan Workout Officer I
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
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
Fiscal Year Ended in 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Average Base Salary

Core compensation

 
 
 
57497
76099
64434

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
59434
83865
68348
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.
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57497
76099

 

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Skills associated with Loan Workout Officer I: Loss Mitigation, Banking Software, Loan Software, Negotiation ...More

Salary estimation for Loan Workout Officer I at companies like : PayPal Holdings, Inc., RE/MAX Holdings, Inc., Square, Inc.