As of July 01, 2026, the average salary for a Loan Workout Officer IV in the United States is $137,519 per year, which breaks down to an hourly rate of $66.
However, a Loan Workout Officer IV's salary can vary significantly. Here’s a look at the typical salary range:
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A Loan Workout Officer IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education, and company size can directly affect your earning potential.
Experience is a primary driver of a Loan Workout Officer IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Loan Workout Officer II | 2-4 years | $76,615 |
| Loan Workout Officer III | 4-7 years | $106,211 |
| Loan Workout Officer IV | 7+ years | $137,519 |
| Loan Workout Manager | 7+ years | $148,566 |
| Loan Workout Senior Manager | 7+ years | $200,298 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Workout Officer IVs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 10% |
| Asset Management | 1.43% |
| Credit Administration | 1.43% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Legal Documents
|
$148,521 |
8%
|
|
Credit Reports
|
$144,395 |
5%
|
|
Credit Administration
|
$144,395 |
5%
|
|
Accounting
|
$141,645 |
3%
|
Loan Workout Officer IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $146,691. While startup companies pay approximate $124,484.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $124,484 |
| Growth Stage | 51~500 | $131,563 |
| Established | 501~5000 | $141,789 |
| Enterprise | 5000+ | $146,691 |
For Loan Workout Officer IV roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Loan Workout Officer positions in Business Services typically offer lower base pay, as this sector often view Loan Workout Officer IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $151,271 | $73.0 | 10% |
| Edu., Gov't. & Nonprofit | $144,395 | $69.0 | 5% |
Your level of education can impact your salary potential. While many Loan Workout Officer IVs enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Loan Workout Officer IV with a Associate's Degree is between $132,830 and $142,512).
Loan Workout Officer IV Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 5.9% |
| High School | 5.9% |
| Associates | 11.8% |
| Bachelors | 64.7% |
| Masters | 17.6% |
| Doctorate | 0.0% |
Understanding how a Loan Workout Officer IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026For a Loan Workout Officer IV, the most direct path to higher earnings is advancing to the Loan Workout Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $148,566 - a projected growth of 8% over your current level.
Salaries for a Loan Workout Officer IV can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $91,278 in 2023 to around $90,730 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Workout Officer IV salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $91,278 |
| 2024 | $91,476 |
| 2025 | $90,730 |
| 2026 |
View More
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| 2027 |
View More
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A Loan Workout Officer IV's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Workout Officer IV earns the most in San Jose, CA, where the annual salary of a Loan Workout Officer IV is $173,453.
The highest pay for Loan Workout Officer IV is $155,789.
The lowest pay for Loan Workout Officer IV is $105,389.
Responsible for developing and implementing workout plans that are designed to restructure problem loans. Works closely with borrowers, legal counsel, and internal stakeholders to preserve capital and maximize recovery. Analyzes financial data to restructure loan terms, secure collateral/assets, and facilitate settlements. Ensures all actions are compliant with federal, state, investor, and company guidelines. Works with the largest and most complex loans. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.
The Financial Services industry offers the highest average compensation for Loan Workout Officer IV roles, with salaries approximately 10% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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