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Loan Workout Officer salary in Sudan

Average Yearly Salary of Loan Workout Officer in Sudan is approximately 748,764 SDG (1,138 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Loan Workout Officer do?

occupation personasA loan workout officer is responsible for managing and resolving troubled loans within a financial institution. They work closely with borrowers who are struggling to make their loan payments, aiming to find solutions that benefit both the borrower and the lender. The officer evaluates the borrower's financial situation, analyzes repayment options, negotiates new terms, and develops strategies to minimize losses for the institution. They may also facilitate loan modifications, extensions, or refinancing arrangements. Additionally, loan workout officers monitor loan performance, identify potential risks, and recommend appropriate actions to mitigate them. Strong analytical and negotiation skills are essential for this role, as well as a thorough understanding of lending regulations and financial markets.

Skills: Loan workout officer, Loan management, Financial analysis, Negotiation skills, Risk mitigation, Lending regulations
Job industry: Banking


How much does Loan Workout Officer make?

Salary details
How much does Loan Workout Officer make?
Estimated Yearly Salary: 748,764 SDG
Estimated Monthly Salary: 62,397 SDG
Estimated Weekly Salary: 14,399 SDG per week
Estimated Hourly Salary: 360 SDG per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 720,708 SDG
Estimated Monthly Salary: 60,059 SDG
Estimated Weekly Salary: 13,860 SDG per week
Estimated Hourly Salary: 346 SDG per hour
Last revision of data: 2024-01-07



Loan Workout Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,138 USD
Estimated Monthly Salary: 95 USD
Estimated Weekly Salary: 22 USD per week
Estimated Hourly Salary: 1 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Sudan is a country located in northeastern Africa. It has a diverse population comprising of approximately 43 million people. With an area of about 1.88 million square kilometers, Sudan is the third-largest country in Africa. It shares borders with several countries including Egypt, Ethiopia, and South Sudan.

Estimated national average yearly salary is 456,122 SDG (760 USD). Value indicated is pre-tax. Below graph shows estimated Loan Workout Officer job salary compared to average salary in Sudan.
Comparison shows that a person working as Loan Workout Officer in Sudan earns on average:
1.64 times the average salary (or 164% of average salary).

Is Loan Workout Officer a well paid job?

Yes, our data shows that Loan Workout Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Loan Workout Officer?

High salary for Loan Workout Officer would be somewhere between 823,640 SDG and 1,085,708 SDG. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Workout Officer in Sudan?

Living in Sudan the approximate monthly expenses are: 30 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 748,764 SDG
Estimated Monthly Salary: 62,397 SDG
Estimated Weekly Salary: 14,399 SDG per week
Estimated Hourly Salary: 360 SDG per hour
By working as Loan Workout Officer a person can save up to 64 USD per month or 773 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Sudan, see costs of living in Sudan.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Egypt, Libya, Chad, Central African Republic, South Sudan, Ethiopia, Eritrea.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Loan Workout Officer

Egypt is 6,139 USDup arrow 439%
Details on Loan Workout Officer salary in Egypt
Ethiopia is 2,890 USDup arrow 154%
Details on Loan Workout Officer salary in Ethiopia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Sudan

(5,202,743 SDG per year, pre-tax.)
(4,312,384 SDG per year, pre-tax.)
(4,186,864 SDG per year, pre-tax.)
(4,050,391 SDG per year, pre-tax.)
(4,037,932 SDG per year, pre-tax.)
(3,946,495 SDG per year, pre-tax.)
(3,944,580 SDG per year, pre-tax.)
(3,943,308 SDG per year, pre-tax.)
(3,940,001 SDG per year, pre-tax.)
(3,931,263 SDG per year, pre-tax.)

Data as of 2025

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