ZipRecruiter

Log In

1

Workout Officer Jobs (NOW HIRING)

MRINetwork Jobs

Loan Workout Officer

Linden, PA · On-site

$90K - $125K/yr

  • Medical

  • Retirement

  • PTO

Loan Workout Officer Our client, a well-respected and growing community bank in Western Pennsylvania, is seeking an experienced Loan Workout Officer to oversee its problem loan portfolio and lead the ...

MRINetwork Jobs

Loan Workout Officer

Linden, PA · On-site

$90K - $125K/yr

  • Medical

  • Retirement

  • PTO

Loan Workout Officer Our client, a well-respected and growing community bank in Western Pennsylvania, is seeking an experienced Loan Workout Officer to oversee its problem loan portfolio and lead the ...

MRINetwork Jobs

Loan Workout Officer

Linden, PA · On-site

$90K - $125K/yr

  • Medical

  • Retirement

  • PTO

Loan Workout Officer Our client, a well-respected and growing community bank in Western Pennsylvania, is seeking an experienced Loan Workout Officer to oversee its problem loan portfolio and lead the ...

MRINetwork Jobs

Loan Workout Officer

Linden, PA · On-site

$90K - $125K/yr

  • Medical

  • Retirement

  • PTO

Loan Workout Officer Our client, a well-respected and growing community bank in Western Pennsylvania, is seeking an experienced Loan Workout Officer to oversee its problem loan portfolio and lead the ...

Dieterich Bank

Loan Workout Officer

Trenton, IL · On-site

$75K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • PTO

The Loan Workout Officer works closely with lending staff, credit administration, borrowers, attorneys, and regulators to develop and implement effective workout and recovery strategies while ...

MRINetwork Jobs

Loan Workout Officer

Linden, PA · On-site

$90K - $125K/yr

  • Medical

  • Retirement

  • PTO

Loan Workout Officer Our client, a well-respected and growing community bank in Western Pennsylvania, is seeking an experienced Loan Workout Officer to oversee its problem loan portfolio and lead the ...

Dieterich Bank

Loan Workout Officer

Trenton, IL · On-site

$75K - $100K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Loan Workout Officer works closely with lending staff, credit administration, borrowers, attorneys, and regulators to develop and implement effective workout and recovery strategies while ...

Societe Generale

Workout Officer

New York, NY · On-site

The Day-to-Day responsibilities of a work out officer would be to assist and back up a senior work ... The workout activities cover both debtor risk and counterparty credit risk . * Work with counsel to ...

Centier

Commercial Loan Workout Officer

Merrillville, IN · Hybrid

  • Medical

  • Retirement

  • PTO

The position assists senior commercial workout officers and completes credit risk reviews as assigned. * The position works closely and collaborates with all Credit Risk Management staff. The ...

next page

Showing results 1-20

All JobsWorkout Officer Jobs

Workout Officer information

See salary details

$32.5K

$62.1K

$103.5K

How much do workout officer jobs pay per year?

As of Aug 16, 2026, the average yearly pay for workout officer in the United States is $62,148.00, according to ZipRecruiter salary data. Most workers in this role earn between $48,500.00 and $74,500.00 per year, depending on experience, location, and employer.

What skills and qualifications are needed to be a workout officer?

To thrive as a Workout Officer, you need strong analytical skills, financial acumen, and a background in finance, accounting, or law, often supported by a relevant degree. Familiarity with loan management systems, financial modeling tools, and regulatory compliance frameworks is typically required. Excellent negotiation, communication, and problem-solving skills help you work effectively with borrowers and internal stakeholders. These abilities are crucial for successfully restructuring distressed loans and mitigating risk for financial institutions.

Are there jobs that pay you to workout?

Workout Officers or fitness-related roles sometimes pay employees to stay active or demonstrate exercises, especially in promotional or training environments. Most fitness jobs, such as personal trainers or gym staff, pay for their work rather than for working out, but some promotional or brand ambassador roles may include incentives or compensation for participating in fitness activities. Certifications in fitness or health may be required for certain positions.

How does a workout officer collaborate with legal and credit teams during loan restructuring?

A Workout Officer works closely with both legal and credit teams to develop effective strategies for restructuring distressed loans. They coordinate with the legal team to ensure all actions comply with relevant regulations and that documentation is in order, while partnering with credit analysts to assess borrower risk and propose feasible repayment plans. Effective communication and teamwork are essential, as these collaborations help protect the lender’s interests and maximize loan recovery. Regular meetings and status updates are common to keep all parties aligned throughout the process.

What is the difference between Workout Officer vs Fitness Instructor?

AspectWorkout OfficerFitness Instructor
Required CertificationsCPR/AED, fitness or health-related certificationsCPR/AED, fitness instructor certifications
Work EnvironmentGyms, fitness centers, health clubsGyms, fitness classes, personal training settings
Employer & Industry UsageHealth clubs, corporate wellness programsGyms, wellness centers, community centers
Common Search & ComparisonYesYes

The Workout Officer and Fitness Instructor roles both require fitness certifications and work in similar environments like gyms and health clubs. However, Workout Officers often focus on overseeing workout programs and ensuring safety, while Fitness Instructors typically lead fitness classes and train clients directly. Both roles are essential in the fitness industry, with overlapping skills but different primary responsibilities.

What is a workout officer?

Workout Officers are financial professionals who specialize in managing and restructuring distressed loans or troubled assets within banks or financial institutions. Their main role is to negotiate with borrowers facing repayment difficulties to find mutually acceptable solutions, such as loan modifications, settlements, or restructurings. Workout Officers aim to minimize losses for their employers while helping borrowers avoid default or bankruptcy. They often work closely with legal teams, credit analysts, and borrowers to resolve complex financial situations. This role requires strong negotiation, analytical, and communication skills.
More about Workout Officer jobs

What cities are hiring for Workout Officer jobs?

Cities with the most Workout Officer job openings:

What states have the most Workout Officer jobs?

States with the most job openings for Workout Officer jobs include:

What job categories do people searching Workout Officer jobs look for?

The top searched job categories for Workout Officer jobs are:

Workout Officer jobs near you
Infographic showing various Workout Officer job openings in the United States as of August 2026, with employment types broken down into 96% Full Time, and 4% Part Time. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $62,148 per year, or $29.9 per hour.

Loan Workout Officer

MRINetwork Jobs

Linden, PA • On-site

$90K - $125K/yr

Full-time

Medical, Retirement, PTO

Re-posted 4 days ago

Job description

Loan Workout Officer

Our client, a well-respected and growing community bank in Western Pennsylvania, is seeking an experienced Loan Workout Officer to oversee its problem loan portfolio and lead the resolution of commercial and consumer credit relationships.

This is a succession opportunity created by an upcoming retirement. The bank is looking to bring someone on in advance to allow for a meaningful transition, providing the opportunity to work alongside the current Loan Workout Officer and gain a thorough understanding of the portfolio, internal processes, and customer relationships.

If you enjoy solving complex credit situations rather than simply managing charge-offs, this role offers the opportunity to work closely with borrowers, lenders, executive management, and legal counsel to develop creative workout strategies that maximize recovery while preserving relationships whenever possible.

Position Overview

The Loan Workout Officer is responsible for managing the bank's criticized and classified loan portfolio, with an emphasis on commercial real estate and commercial & industrial relationships. The position also oversees consumer collections through the supervision of an experienced Collections Officer and serves as a key resource to senior management on asset quality matters.

Responsibilities include:

  • Managing a portfolio of commercial workout relationships, primarily CRE with additional C&I exposure.
  • Developing and executing loan workout and recovery strategies.
  • Working with borrowers to restructure, rehabilitate, or liquidate troubled credits.
  • Managing foreclosures, bankruptcies, asset liquidation, and OREO properties when necessary.
  • Partnering with outside legal counsel throughout foreclosure and litigation matters.
  • Supervising the bank's Collections Officer.
  • Working collaboratively with commercial lenders, credit administration, and executive leadership.
  • Supporting collection policies, regulatory compliance, and credit reporting requirements.

What We're Looking For

Qualified candidates will typically possess:

  • 5+ years of experience managing commercial loan workouts within a bank environment.
  • Bachelor’s degree in related field.
  • Strong knowledge of commercial real estate and commercial lending.
  • Experience with criticized and classified assets, loan restructures, foreclosures, bankruptcies, and liquidation strategies.
  • Familiarity with consumer collections and related regulatory requirements.
  • Strong credit analysis and problem-solving skills.
  • The ability to balance sound credit judgment with a relationship-focused approach to working with borrowers.
  • Previous management experience is beneficial but not required for someone ready to step into a leadership role.

Why Consider This Opportunity?

This is an opportunity to join a financially strong, privately held community bank that continues to grow while maintaining local decision making and a relationship-driven culture.

Employees enjoy:

  • A collaborative executive leadership team.
  • Interesting and sophisticated commercial credit relationships.
  • Local decision making without excessive bureaucracy.
  • Strong work-life balance with flexibility when personal commitments arise.
  • A culture that values community involvement and long-term employee success.
  • The opportunity to help shape the future of the Special Assets function as the portfolio continues to evolve.

*Please note: The position is intended to be in-office, with flexibility available as needed.

Compensation: Compensation will be commensurate with experience and production history. Highland Consulting Group believes $90,000-$125,000 to be a reasonable estimate for the base compensation of this role. The individual may also be eligible for discretionary bonus, a retirement plan with company match, Paid Time Off, and employer-sponsored health insurance.

Interested?

If this opportunity aligns with your experience and career goals, please apply using the “Apply” link or contact:

Rob Titterington Sr. Banking Recruiter Highland Consulting Group rtitterington@mri-hcg.com 724.837.6337

Confidentiality

This is a confidential search. Additional details will be shared with qualified candidates during the process. Highland Consulting Group will never share your resume or information without your explicit consent.