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How much does a Commercial Loan Workout Manager make in El Paso, TX? The average Commercial Loan Workout Manager salary in El Paso, TX is $150,800 as of April 24, 2024, but the range typically falls between $129,200 and $174,300. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Manager Salary $109,534 El Paso,TX April 24, 2024
25th Percentile Commercial Loan Workout Manager Salary $129,200 El Paso,TX April 24, 2024
50th Percentile Commercial Loan Workout Manager Salary $150,800 El Paso,TX April 24, 2024
75th Percentile Commercial Loan Workout Manager Salary $174,300 El Paso,TX April 24, 2024
90th Percentile Commercial Loan Workout Manager Salary $195,696 El Paso,TX April 24, 2024
25% $129,200 10% $109,534 90% $195,696 75% $174,300 $150,800 50%(Median) Didn’t find job title? Click
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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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Average Base Salary

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129200
174300
150800

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
146600
210600
171700
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Loan Workout Manager in El Paso, TX. The base salary for Commercial Loan Workout Manager ranges from $129,200 to $174,300 with the average base salary of $150,800. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $146,600 to $210,600 with the average total cash compensation of $171,700.
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129200
174300

 

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About El Paso, Texas    El Paso is located at the intersection of three states (Texas, New Mexico, and Chihuahua) and two countries (the U.S. and Mexico). It is the only majo....More

El Paso, Texas  area prices were up 1.2% from a year ago    View the Cost of Living in El Paso, Texas

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