Loan Workout Officer I Salary in District of Columbia

How much does a Loan Workout Officer I make in District of Columbia? The average Loan Workout Officer I salary in District of Columbia is $71,286 as of January 20, 2020, but the range typically falls between $63,613 and $84,194. 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.

25% $63,613 10% $56,627 90% $95,946 75% $84,194 $71,286 50%(Median)
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Job Description

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)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $70,927 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $70,927 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $70,927 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $70,927 Date Updated January 20, 2020
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