Loan Workout Officer III Salary in Auburn, Alabama

How much does a Loan Workout Officer III make in Auburn, AL? The average Loan Workout Officer III salary in Auburn, AL is $111,024 as of November 25, 2019, but the range typically falls between $97,179 and $124,817. 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 III restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower and to facilitate collection. Works with the largest and highest complexity loans. Being a Loan Workout Officer III analyzes financial data and provides required reporting. May specialize in a particular loan type or industry. Additionally, Loan Workout Officer III may guide and mentor junior team members. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Loan Workout Officer III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Loan Workout Officer III typically requires 4 to 7 years of related experience. (Copyright 2019 Salary.com)

See user submitted job responsibilities for Loan Workout Officer III.

Job Openings for Loan Workout Officer III in Auburn, AL
Those that have already made the climb...
Michael J. Burns , Former Chief Financial Officer
Gigamon Inc. develops and delivers solution that delivers visibility and control of data-in-motion traversing enterprise, federal, and service provider networks in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers traffic intelligence applications that provid... More
Fiscal Year Ended in 2016
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Average Base Salary

Core compensation

 
 
 
97179
124817
111024

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
109568
143661
127452
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Officer III in Auburn, AL. The base salary for Loan Workout Officer III ranges from $97,179 to $124,817 with the average base salary of $111,024. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $109,568 to $143,661 with the average total cash compensation of $127,452.
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97179
124817

 

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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 III Salary in popular cities: BirminghamMontgomeryMobile

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

Salary estimation for Loan Workout Officer III at companies like : GIGAMON INC, PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC