How much does a Loan Workout Officer III make in Maine? The average Loan Workout Officer III salary in Maine is $120,047 as of February 26, 2020, but the range typically falls between $105,070 and $134,957. 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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25% $105,070 10% $91,434 90% $148,532 75% $134,957 $120,047 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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Job Openings for Loan Workout Officer III in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $124,364 Date Updated February 26, 2020
Location Windham, ME Avg. Salary $124,530 Date Updated February 26, 2020
Location Abbot, ME Avg. Salary $112,559 Date Updated February 26, 2020
Location Acton, ME Avg. Salary $126,115 Date Updated February 26, 2020
Location Addison, ME Avg. Salary $112,559 Date Updated February 26, 2020
Location Albion, ME Avg. Salary $112,559 Date Updated February 26, 2020
Location Alfred, ME Avg. Salary $125,267 Date Updated February 26, 2020
Location Alna, ME Avg. Salary $123,368 Date Updated February 26, 2020
Location Andover, ME Avg. Salary $123,368 Date Updated February 26, 2020
Location Anson, ME Avg. Salary $112,559 Date Updated February 26, 2020
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