Block, Inc. Loan Workout Officer III Salary in the United States
How much does a Loan Workout Officer III make at companies like Block, Inc. in the United States? The average salary for Loan Workout Officer III at companies like Block, Inc. in the United States is $174,915 as of March 26, 2024, but the range typically falls between $153,086 and $196,626. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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What does a Loan Workout Officer III do at companies like Block, Inc.?
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 2024 Salary.com)
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What does a Loan Workout Officer III do?
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