Loan Workout Officer III Salary in Delaware
How much does a Loan Workout Officer III make in Delaware? The average Loan Workout Officer III salary in Delaware is $137,144 as of April 26, 2022, but the range typically falls between $120,032 and $154,169. 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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Job Description for Loan Workout Officer III
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 2022 Salary.com)...View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Bear, DE | Avg. Salary $139,077 | Date Updated April 26, 2022 |
| Location Delaware City, DE | Avg. Salary $139,129 | Date Updated April 26, 2022 |
| Location Harrington, DE | Avg. Salary $139,338 | Date Updated April 26, 2022 |
| Location Lewes, DE | Avg. Salary $139,338 | Date Updated April 26, 2022 |
| Location Middletown, DE | Avg. Salary $138,758 | Date Updated April 26, 2022 |
| Location Milford, DE | Avg. Salary $139,338 | Date Updated April 26, 2022 |
| Location Rehoboth Beach, DE | Avg. Salary $139,623 | Date Updated April 26, 2022 |
| Location Seaford, DE | Avg. Salary $136,478 | Date Updated April 26, 2022 |
| Location Smyrna, DE | Avg. Salary $138,855 | Date Updated April 26, 2022 |
| Location Bethany Beach, DE | Avg. Salary $139,623 | Date Updated April 26, 2022 |
Career Path for Loan Workout Officer III
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About Delaware
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Workout Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
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About Delaware Delaware is 96 miles (154 km) long and ranges from 9 miles (14 km) to 35 miles (56 km) across, totaling 1,954 square miles (5,060 km2), making it the ....More
Skills associated with Loan Workout Officer III: Debt Restructuring, Negotiation, Banking Software, Loss Mitigation ...More
Salary estimation for Loan Workout Officer III at companies like : Block, Inc., PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC
