Loan Workout Officer III Salary in District of Columbia

How much does a Loan Workout Officer III make in District of Columbia? The average Loan Workout Officer III salary in District of Columbia is $138,262 as of January 20, 2020, but the range typically falls between $121,012 and $155,433. 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.

25% $121,012 10% $105,307 90% $171,066 75% $155,433 $138,262 50%(Median)
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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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $137,565 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $137,565 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $137,565 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $137,565 Date Updated January 20, 2020
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