Average Salary for Jobs with Loss Mitigation Skills

The average salary for jobs that require the skills of Loss Mitigation is $131,584 based on United States National Average.

Base Salary

Core compensation

$55,257
$207,911
$131,584
Banking & Commercial Loan Workout Manager
Alternate Job Titles: Commercial Loan Workout Manager | Loan Restructuring Officer | Problem Loan Restructuring/Resolution Officer

Manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. May require a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department mil... View job details


Commercial Loan Workout Officer I
Alternate Job Titles: Commercial Loan Restructuring Officer I | Loan Workout Officer, Entry - Commercial

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with small to moderate size loans of little complexity. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely ... View job details


Commercial Loan Workout Officer II
Alternate Job Titles: Commercial Loan Restructuring Officer II | Loan Workout Officer, Experienced - Commercial

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with loans of moderate size and complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Gains exposure to some of the complex tasks within the job function. Occasionall... View job details


Commercial Loan Workout Officer III
Alternate Job Titles: Commercial Loan Restructuring Officer III | Loan Workout Officer, Senior - Commercial

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with loans of moderate to large size and complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Contributes to moderately complex aspects of a project. Work is general... View job details


Commercial Loan Workout Officer IV
Alternate Job Titles: Commercial Loan Restructuring Officer IV | Loan Workout Officer, Specialist - Commercial

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with the largest and most complex loans. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. A specialist on complex technical and business matters. Work is highly independent.... View job details


Loan Workout Manager
Alternate Job Titles: Commercial Loan Restructuring and Workout manager

Directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Provides guidance and oversight on high complexity or challenging loans. Requires a bachel... View job details


Loan Workout Officer I
Alternate Job Titles: Entry Loan Workout Officer | Loan Restructuring Officer I

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Works with small- and mid-size loans of little to medium complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requir... View job details


Loan Workout Officer II
Alternate Job Titles: Loan Restructuring Officer II | Intermediate Loan Workout Officer

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower and to facilitate collection. Works with mid- and large-size loans of medium to high complexity. Analyzes financial data and provides required reporting. May specialize in a particular loan type or industry. Typically requires a bachelor's degree. Typically reports to a manager ... View job details


Loan Workout Officer III
Alternate Job Titles: Loan Restructuring Officer III | Senior Loan Workout Officer

Restructures loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower and to facilitate collection. Works with the largest and highest complexity loans. Analyzes financial data and provides required reporting. May specialize in a particular loan type or industry. May guide and mentor junior team members. Typically requires a bachelor's degree. Typ... View job details


Loss Control Manager
Alternate Job Titles: Insurance Loss Control Manager | Loss Control/Risk Manager | Risk Control Manager | Risk Management & Loss Prevention Manager

Manages and develops loss control programs and administers risk management programs related to operating risk, insurance, and any class of financial risk. Researches and reports on cost effective plans to minimize loss. Contributes to business plans and objectives. Ensures compliance with all regulations and keeps abreast of any changes to laws and regulations which pertain to loss control. Requir... View job details