Loan Workout Officer II Salary in Loveland, Colorado

How much does a Loan Workout Officer II make in Loveland, CO? The average Loan Workout Officer II salary in Loveland, CO is $81,083 as of January 20, 2020, but the range typically falls between $67,731 and $95,556. 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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25% $67,731 10% $55,575 90% $108,734 75% $95,556 $81,083 50%(Median)
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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 2020 Salary.com)

See user submitted job responsibilities for Loan Workout Officer II.

Job Openings for Loan Workout Officer II in Loveland, CO
Those that have already made the climb...
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

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67731
95556
81083

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
73059
108207
88516
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 Loveland, CO. The base salary for Loan Workout Officer II ranges from $67,731 to $95,556 with the average base salary of $81,083. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $73,059 to $108,207 with the average total cash compensation of $88,516.
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67731
95556

 

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About Loveland, Colorado    Loveland is the Home Rule Municipality that is the second most populous municipality in Larimer County, Colorado, United States. Loveland is situated....More

Loveland, Colorado  area prices were up 2.3% from a year ago    View the Cost of Living in Loveland, Colorado

Loan Workout Officer II Salary in popular cities: DenverColorado SpringsAurora

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

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