Commercial Loan Workout Manager Salary in California
Commercial Loan Workout Manager Salary in California
How much does a Commercial Loan Workout Manager make in California? The average Commercial Loan Workout Manager salary in California is $190,500 as of March 26, 2024, but the range typically falls between $163,200 and $220,200. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Commercial Loan Workout Manager Salary | $138,345 | CA | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Manager Salary | $163,200 | CA | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Manager Salary | $190,500 | CA | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Manager Salary | $220,200 | CA | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Manager Salary | $247,240 | CA | March 26, 2024 |
First Community Credit Union of Oregon - Coos Bay, OR
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Job Description
The Commercial Loan Workout Manager may require a bachelor's degree. Manages a staff of professionals in restructuring problem business banking and commercial loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Manager typically reports to top management. The Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
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Career Path for this job
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Down a level:
Loan Restructuring Officer III
4 - 7 years experience
Bachelor's Degree -
This Job:
Commercial Loan Workout Manager
5 + years experience
Bachelor's Degree -
Up a level:
Commercial Loan Restructuring and Workout Manager
Bachelor's Degree
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Select a city to view specific salary and bonus information for Commercial Loan Workout Manager
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Coachella, CA | Avg. Salary $182,026 | Date Updated March 26, 2024 |
| Location Acampo, CA | Avg. Salary $184,617 | Date Updated March 26, 2024 |
| Location Acton, CA | Avg. Salary $191,180 | Date Updated March 26, 2024 |
| Location Adelanto, CA | Avg. Salary $181,681 | Date Updated March 26, 2024 |
| Location Adin, CA | Avg. Salary $177,018 | Date Updated March 26, 2024 |
| Location Agoura Hills, CA | Avg. Salary $188,416 | Date Updated March 26, 2024 |
| Location Aguanga, CA | Avg. Salary $182,544 | Date Updated March 26, 2024 |
| Location Ahwahnee, CA | Avg. Salary $172,010 | Date Updated March 26, 2024 |
| Location Alameda, CA | Avg. Salary $210,695 | Date Updated March 26, 2024 |
| Location Alamo, CA | Avg. Salary $210,177 | Date Updated March 26, 2024 |
About California
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Commercial Loan Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Review Manager | Experience | EducationBachelors | Salary Compared to This Job |
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Most Popular Cities for Commercial Loan Workout Manager Job
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About California California is a state in the Pacific Region of the United States. With 39.6 million residents, California is the most populous U.S. state and the thir....More
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