How much does a Loan Workout Officer II make in Maine? The average Loan Workout Officer II salary in Maine is $80,535 as of February 26, 2020, but the range typically falls between $67,272 and $94,914. 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.

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25% $67,272 10% $55,197 90% $108,004 75% $94,914 $80,535 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)

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Job Openings for Loan Workout Officer II in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $83,432 Date Updated February 26, 2020
Location Windham, ME Avg. Salary $83,543 Date Updated February 26, 2020
Location Abbot, ME Avg. Salary $75,512 Date Updated February 26, 2020
Location Acton, ME Avg. Salary $84,606 Date Updated February 26, 2020
Location Addison, ME Avg. Salary $75,512 Date Updated February 26, 2020
Location Albion, ME Avg. Salary $75,512 Date Updated February 26, 2020
Location Alfred, ME Avg. Salary $84,037 Date Updated February 26, 2020
Location Alna, ME Avg. Salary $82,763 Date Updated February 26, 2020
Location Andover, ME Avg. Salary $82,763 Date Updated February 26, 2020
Location Anson, ME Avg. Salary $75,512 Date Updated February 26, 2020
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