▼40%
$115,039
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
25%
$82k
MEDIAN
$115k
75%
$147k
The average salary for a Loan Workout Officer is $115,039 in 2025
Base Salary
$82k - $147k
Bonus
$0 - $15k
Total Pay
$86k - $175k
Is Average Late-Career Loan Workout Officer with Financial Analysis Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Loan Workout Officers?
▼14%
What Do Loan Workout Officers Do?
Loan Workout Officer Tasks
- Obtain and compile financial information to evaluate loan applications and their risk.
- Generate new clients and referrals through strong relationship building.
- Track and maintain credit and loan data.
- Work directly with clients to review agreements, explain programs, and negotiate loans and terms.
Find your market worth – how it works:
Common Health Benefits for a Loan Workout Officer
Medical
100%
Dental
100%
Vision
100%
Gender Breakdown for Loan Workout Officers
Male
80.0%
Female
20.0%
This data is based on 5 survey responses. Learn more about the gender pay gap.
FAQs About Loan Workout Officers
What is the highest pay for Loan Workout Officers?
Our data indicates that the highest pay for a Loan Workout Officer is $NaN / year
What is the lowest pay for Loan Workout Officers?
Our data indicates that the lowest pay for a Loan Workout Officer is $NaN / year
How can Loan Workout Officers increase their salary?
Increasing your pay as a Loan Workout Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Workout Officer that oversees more junior Loan Workout Officers, this experience can increase the likelihood to earn more.