How much does a Loan Workout Officer II make?
As of December 01, 2024, the average annual pay of Loan Workout Officer II in Suffolk, VA is $88,419. While Salary.com is seeing that Loan Workout Officer II salary in Suffolk, VA can go up to $118,588 or down to $60,596, but most earn between $73,856 and $104,211. 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.
View Loan Workout Officer II Salary by Hour, Week, Month, Year
Salary.com provides you with accurate and diversified Loan Workout Officer II salary data based on specialized databases to help you get a fairer salary.
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Last Updated on December 01, 2024
|
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 |
Last Updated on December 01, 2024
View Loan Workout Officer II Salary by Experience Levels
An entry-level Loan Workout Officer II with under 1 year experience makes about $83,283.
With less than 2 years of experience, a mid-level Loan Workout Officer II makes around $83,716.
After 2-4 years, the Loan Workout Officer II pay rises to about $86,530.
Those senior Loan Workout Officer II with 5-8 years of experience earn roughly $93,913, and those Loan Workout Officer II having 8 years or more experience are expected to earn about $96,261 on average.
Levels |
Salary |
Entry Level Loan Workout Officer II
|
$83,283
|
Intermediate Level Loan Workout Officer II
|
$83,716
|
Senior Level Loan Workout Officer II
|
$86,530
|
Specialist Level Loan Workout Officer II
|
$93,913
|
Expert Level Loan Workout Officer II
|
$96,261
|
$83,283
0 yr
$83,716
< 2 yrs
$86,530
2-4 yrs
$93,913
5-8 yrs
$96,261
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
11%
|
Mid Level
|
11%
|
Senior Level
|
8%
|
Top Level
|
0%
|
Experienced
|
2%
|
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Last Updated on December 01, 2024