Loan Workout Officer I Salary in New Jersey

How much does a Loan Workout Officer I make in New Jersey? The average Loan Workout Officer I salary in New Jersey is $70,475 as of October 30, 2019, but the range typically falls between $62,883 and $83,230. 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.

Salary range for a Loan Workout Officer I
$62,883 to $83,230
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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 2019 Salary.com)

See user submitted job responsibilities for Loan Workout Officer I.

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $72,795 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $73,433 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $73,496 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $73,853 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $77,130 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $72,795 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $72,602 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $71,520 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $73,496 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $72,795 Date Updated October 30, 2019
Job Openings for Loan Workout Officer I in New Jersey
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