Loan Workout Officer II Salary in New Jersey

How much does a Loan Workout Officer II make in New Jersey? The average Loan Workout Officer II salary in New Jersey is $91,742 as of October 30, 2019, but the range typically falls between $76,636 and $108,120. 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 II
$76,636 to $108,120
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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)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $94,762 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $95,592 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $95,675 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $96,139 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $100,405 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $94,762 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $94,511 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $93,102 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $95,675 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $94,762 Date Updated October 30, 2019
Job Openings for Loan Workout Officer II in New Jersey
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