As of December 01, 2024, the average annual pay of Loan Workout Officer II in AR is $85,600. While Salary.com is seeing that Loan Workout Officer II salary in AR can go up to $114,808 or down to $58,664, but most earn between $71,501 and $100,888. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Officer II in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $110,745 | $9,229 | $2,130 | $53 |
| Average | $93,963 | $7,830 | $1,807 | $45 |
| 25th Percentile | $78,486 | $6,541 | $1,509 | $38 |
An entry-level Loan Workout Officer II with under 1 year experience makes about $80,628. With less than 2 years of experience, a mid-level Loan Workout Officer II makes around $81,047. After 2-4 years, the Loan Workout Officer II pay rises to about $83,771. Those senior Loan Workout Officer II with 5-8 years of experience earn roughly $90,919, and those Loan Workout Officer II having 8 years or more experience are expected to earn about $93,192 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Workout Officer II | $80,628 |
| Intermediate Level Loan Workout Officer II | $81,047 |
| Senior Level Loan Workout Officer II | $83,771 |
| Specialist Level Loan Workout Officer II | $90,919 |
| Expert Level Loan Workout Officer II | $93,192 |
| Entry Level | 14% |
| Mid Level | 14% |
| Senior Level | 11% |
| Top Level | 3% |
| Experienced | 1% |
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Loan Workout Officer II salary varies from city to city. Compared with national average salary of Loan Workout Officer II, the highest Loan Workout Officer II salary is in San Francisco, CA, where the Loan Workout Officer II salary is 25.0% above. The lowest Loan Workout Officer II salary is in Miami, FL, where the Loan Workout Officer II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $117,454 |
25.0%
|
| Washington, DC | $104,581 |
11.3%
|
| Miami, FL | $90,674 |
|
| Chicago, IL | $98,567 |
4.9%
|
| Boston, MA | $105,333 |
12.1%
|
| New York, NY | $109,749 |
16.8%
|
