United States
Job
Loan Workout Officer

Average Loan Workout Officer with Financial Analysis Skills Salary in New York, New York

Pay
Job Details
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$120,474
/ year

Avg. Base Salary (USD)
25%
$113k
MEDIAN
$120k
75%
$198k

The average salary for a Loan Workout Officer is $120,474 in 2025

Base Salary
$113k - $198k
Bonus
$0 - $11k
Total Pay
$100k - $200k
Based on 7 salary profiles (last updated Aug 17 2018)
Is Average Loan Workout Officer with Financial Analysis Skills Salary in New York, New York your job title? Find out what you should be paid
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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
83%
Dental
83%
Vision
50%
None
17%

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.
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FAQs About Loan Workout Officers

What is the highest pay for Loan Workout Officers in New York?

Our data indicates that the highest pay for a Loan Workout Officer in New York is $NaN / year

What is the lowest pay for Loan Workout Officers in New York?

Our data indicates that the lowest pay for a Loan Workout Officer in New York 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.

WHAT AM I WORTH?
What your skills are worth in the job market is constantly changing.
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