How much does a Loan Workout Officer I make in Afton, WY? The average Loan Workout Officer I salary in Afton, WY is $72,139 as of February 26, 2024, but the range typically falls between $64,375 and $85,187. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Workout Officer I Salary $57,306 Afton,WY February 26, 2024
25th Percentile Loan Workout Officer I Salary $64,375 Afton,WY February 26, 2024
50th Percentile Loan Workout Officer I Salary $72,139 Afton,WY February 26, 2024
75th Percentile Loan Workout Officer I Salary $85,187 Afton,WY February 26, 2024
90th Percentile Loan Workout Officer I Salary $97,067 Afton,WY February 26, 2024
25% $64,375 10% $57,306 90% $97,067 75% $85,187 $72,139 50%(Median) Didn’t find job title? Click
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What skills does a Loan Workout Officer I 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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

Law Enforcement: Law enforcement is any system by which some members of society act in an organized manner to enforce the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society. Although the term encompasses entities such as courts and prisons, it is most frequently applied to those who directly engage in patrols or surveillance to dissuade and discover criminal activity, and those who investigate crimes and apprehend offenders, a task typically carried out by the police or another law enforcement organization. Furthermore, although law enforcement may be most concerned with the prevention and punishment of crimes, organizations exist to discourage a wide variety of non-criminal violations of rules and norms, effected through the imposition of less severe consequences.

Analysis 6.93%
Economics 2.97%
Law Enforcement 1.98%
Others 88.12%

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 2024 Salary.com)... View full job description

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Job Openings for Loan Workout Officer I in Afton, WY

Career Path for Loan Workout Officer I

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.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Loan Workout Officer I salary varies from city to city. Compared with national average salary of Loan Workout Officer I, the highest Loan Workout Officer I salary is in San Francisco, CA, where the Loan Workout Officer I salary is 25.0% above. The lowest Loan Workout Officer I salary is in Miami, FL, where the Loan Workout Officer I salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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

Average Base Salary

Core compensation

 
 
 
64375
85187
72139

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
66539
93872
76510
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 Afton, WY. The base salary for Loan Workout Officer I ranges from $64,375 to $85,187 with the average base salary of $72,139. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,539 to $93,872 with the average total cash compensation of $76,510.
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64375
85187

 

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About Afton, Wyoming    Afton is a town in Lincoln County, Wyoming, United States. The population was 1,911 at the 2010 census. Afton is home to the world's largest arch made....More

Afton, Wyoming  area prices were up 2.5% from a year ago    View the Cost of Living in Afton, Wyoming

Loan Workout Officer I Salary in popular cities: CheyenneCasperLaramie

Skills associated with Loan Workout Officer I: Banking Software, Loan Software, Negotiation, Debt Restructuring ...More

Salary estimation for Loan Workout Officer I at companies like : Westvale School - 2300 West, Valencia College Orlando, Financial Natural Resources Ltd