Loan Workout Officer Salary in Lincoln, NE

Didn't find your job?
Click

How much does a Loan Workout Officer make in Lincoln, NE?

As of March 01, 2025, the average annual salary for a Loan Workout Officer in Lincoln, NE is $89,393. Salary.com reports that pay typically ranges from $74,983 to $105,385, with most professionals earning between $61,864 and $119,945.

Search Loan Workout Officer Jobs in Lincoln, NE

How to Become a Loan Workout Officer

Develop a Job description
Pay Equity
2024 Compensation Trend
Benefits Consulting
Salary range for a Loan Workout Officer
$74,983 to $105,385
Employers: Find Surveys For This Job
Employers: Price Your Company Jobs
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

What is a Loan Workout Officer?

A Loan Workout Officer is responsible for managing and negotiating the restructuring of delinquent or non-performing loans. They work with borrowers to develop and implement workout plans that will help them bring their loans back into good standing. This may involve modifying loan terms, extending repayment periods, or finding alternative solutions to help borrowers meet their financial obligations. Loan Workout Officers also work closely with internal teams and external partners to assess the financial health of borrowers and develop strategies to minimize losses for the lending institution. Additionally, they may be involved in monitoring and reporting on the progress of workout plans and making recommendations for further action if necessary. Strong communication, negotiation, and analytical skills are essential for success in this role.

See user submitted job responsibilities for Loan Workout Officer.

Search Loan Workout Officer Job Openings

Job Openings for Loan Workout Officer in Lincoln, NE
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Loan Workout Officer Salary By Experience Levels in Lincoln, NE

How much should you be earning in Loan Workout Officer in Lincoln, NE based on your current experience?
Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Loan Workout Officer in Lincoln, NE

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Loan Workout Officer Salary By Level of Education in Lincoln, NE

Do you know how much should you be paid for a Loan Workout Officer position in Lincoln, NE based on your education level?
Tell us about your education and see an estimate of earnings for Loan Workout Officer in Lincoln, NE and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Loan Workout Officer in Lincoln, NE

Average Base Salary

Core compensation

 
 
 
74983
105385
89393

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
80978
119625
97897
What is the average salary for Loan Workout Officer in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Officer in Lincoln, NE. The base salary for Loan Workout Officer ranges from $74,983 to $105,385 with the average base salary of $89,393. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $80,978 to $119,625 with the average total cash compensation of $97,897.

View Average Salary for Loan Workout Officer as table

Average Salary Average Salary Range
Base Salary $89,393 $74,983 - $105,385
Bonus $8,504 $5,994 - $14,240
Total Pay $97,897 $80,978 - $119,625
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Loan Workout Officer Salary Near Lincoln, NE

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Lincoln, NE
CITY, STATE Omaha, NE AVERAGE SALARY RANGE $75,983 - $106,790 COMPARE TO Lincoln, NE
CITY, STATE Bellevue, NE AVERAGE SALARY RANGE $75,983 - $106,790 COMPARE TO Lincoln, NE
CITY, STATE Fremont, NE AVERAGE SALARY RANGE $74,777 - $105,096 COMPARE TO Lincoln, NE
CITY, STATE Council Bluffs, IA AVERAGE SALARY RANGE $75,983 - $106,790 COMPARE TO Lincoln, NE
CITY, STATE Grand Island, NE AVERAGE SALARY RANGE $74,267 - $104,379 COMPARE TO Lincoln, NE
CITY, STATE Hastings, NE AVERAGE SALARY RANGE $74,267 - $104,379 COMPARE TO Lincoln, NE
See salaries for Loan Workout Officer in locations close to Lincoln, NE. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

View Salary for Similar Jobs to Loan Workout Officer in Lincoln, NE

See Additional Similar Jobs
Loading results...
JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Entry Loan Workout Officer LOCATION Lincoln, NE MINIMUM SALARY $61,000 MAXIMUM SALARY $80,700
JOB TITLE Intermediate Loan Workout Officer LOCATION Lincoln, NE MINIMUM SALARY $73,700 MAXIMUM SALARY $104,000
JOB TITLE Senior Loan Workout Officer LOCATION Lincoln, NE MINIMUM SALARY $116,190 MAXIMUM SALARY $149,220
JOB TITLE Loan Workout Officer III LOCATION Lincoln, NE MINIMUM SALARY $116,186 MAXIMUM SALARY $149,220
JOB TITLE Loan Workout Officer II LOCATION Lincoln, NE MINIMUM SALARY $73,681 MAXIMUM SALARY $103,974
JOB TITLE Loan Workout Officer I LOCATION Lincoln, NE MINIMUM SALARY $60,970 MAXIMUM SALARY $80,679
The Loan Workout Officer job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Lincoln, NE that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

74983
105385

 

About Lincoln, Nebraska    Lincoln is the capital of the U.S. state of Nebraska and the county seat of Lancaster County. The city covers 94.267 square miles (244.150 km2) with a....More

Lincoln, Nebraska  area prices were up 0.8% from a year ago

Loan Workout Officer Salary in popular cities: Omaha, Bellevue, Grand Island

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role