Loan Workout Officer II Salary in Auburn, Alabama

How much does a Loan Workout Officer II make in Auburn, AL? The average Loan Workout Officer II salary in Auburn, AL is $74,515 as of November 25, 2019, but the range typically falls between $62,242 and $87,817. 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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Job Description

Loan Workout Officer II restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower and to facilitate collection. Works with mid- and large-size loans of medium to high complexity. Being a Loan Workout Officer II analyzes financial data and provides required reporting. May specialize in a particular loan type or industry. Additionally, Loan Workout Officer II typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Loan Workout Officer II typically requires 2 to 4 years of related experience. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Loan Workout Officer II.

Job Openings for Loan Workout Officer II in Auburn, AL
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Pamela J. Shelley-Kessler , Executive Vice President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2018
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Average Base Salary

Core compensation

 
 
 
62242
87817
74515

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
67142
99449
81348
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Officer II in Auburn, AL. The base salary for Loan Workout Officer II ranges from $62,242 to $87,817 with the average base salary of $74,515. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $67,142 to $99,449 with the average total cash compensation of $81,348.
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62242
87817

 

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About Auburn, Alabama    The city of Auburn lies in western Lee County and is bordered by the city of Opelika to the northeast and by Chambers County to the north. The city st....More

Auburn, Alabama  area prices were up 1.5% from a year ago    View the Cost of Living in Auburn, Alabama

Loan Workout Officer II Salary in popular cities: BirminghamMontgomeryMobile

Skills associated with Loan Workout Officer II: Banking Software, Loan Software, Debt Restructuring, Loss Mitigation ...More

Salary estimation for Loan Workout Officer II at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC