Loan Workout Officer III Salary in New Jersey

How much does a Loan Workout Officer III make in New Jersey? The average Loan Workout Officer III salary in New Jersey is $136,674 as of October 30, 2019, but the range typically falls between $119,629 and $153,653. 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.

Salary range for a Loan Workout Officer III
$119,629 to $153,653
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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)

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $141,174 Date Updated October 30, 2019
Location Bergenfield, NJ Avg. Salary $142,410 Date Updated October 30, 2019
Location Bloomfield, NJ Avg. Salary $142,533 Date Updated October 30, 2019
Location East Brunswick, NJ Avg. Salary $143,226 Date Updated October 30, 2019
Location Hoboken, NJ Avg. Salary $149,580 Date Updated October 30, 2019
Location Irvington, NJ Avg. Salary $141,174 Date Updated October 30, 2019
Location Lakewood, NJ Avg. Salary $140,799 Date Updated October 30, 2019
Location Middlesex, NJ Avg. Salary $138,701 Date Updated October 30, 2019
Location Passaic, NJ Avg. Salary $142,533 Date Updated October 30, 2019
Location Union, NJ Avg. Salary $141,174 Date Updated October 30, 2019
Job Openings for Loan Workout Officer III in New Jersey
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