Commercial Loan Workout Manager Salary in Indiana
Commercial Loan Workout Manager Salary in Indiana
How much does a Commercial Loan Workout Manager make in Indiana? The average Commercial Loan Workout Manager salary in Indiana is $167,600 as of March 26, 2024, but the range typically falls between $143,600 and $193,700. 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 | $121,749 | IN | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Manager Salary | $143,600 | IN | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Manager Salary | $167,600 | IN | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Manager Salary | $193,700 | IN | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Manager Salary | $217,463 | IN | March 26, 2024 |
SLATT CAPITAL - Burlingame, CA
First Community Credit Union of Oregon - Coos Bay, OR
Lending Contact Center Loan Officer II
Premier America Credit Union - Los Angeles, CA
Special Assets/Loan Workout Officer/ Portfolio Manager/ Hybrid
SVI Recruiting Group - Manhattan Beach, CA
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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 Vincennes, IN | Avg. Salary $156,467 | Date Updated March 26, 2024 |
| Location Advance, IN | Avg. Salary $166,311 | Date Updated March 26, 2024 |
| Location Akron, IN | Avg. Salary $161,993 | Date Updated March 26, 2024 |
| Location Alamo, IN | Avg. Salary $157,503 | Date Updated March 26, 2024 |
| Location Albany, IN | Avg. Salary $158,885 | Date Updated March 26, 2024 |
| Location Albion, IN | Avg. Salary $161,820 | Date Updated March 26, 2024 |
| Location Alexandria, IN | Avg. Salary $159,921 | Date Updated March 26, 2024 |
| Location Ambia, IN | Avg. Salary $166,138 | Date Updated March 26, 2024 |
| Location Amboy, IN | Avg. Salary $158,885 | Date Updated March 26, 2024 |
| Location Amo, IN | Avg. Salary $163,547 | Date Updated March 26, 2024 |
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About Indiana Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area a....More
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