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How much does a Commercial Loan Workout Manager make in Louisiana? The average Commercial Loan Workout Manager salary in Louisiana is $163,900 as of February 26, 2024, but the range typically falls between $140,400 and $189,400. 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.

Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Manager Salary $119,004 LA February 26, 2024
25th Percentile Commercial Loan Workout Manager Salary $140,400 LA February 26, 2024
50th Percentile Commercial Loan Workout Manager Salary $163,900 LA February 26, 2024
75th Percentile Commercial Loan Workout Manager Salary $189,400 LA February 26, 2024
90th Percentile Commercial Loan Workout Manager Salary $212,616 LA February 26, 2024
25% $140,400 10% $119,004 90% $212,616 75% $189,400 $163,900 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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Select a city to view specific salary and bonus information for Commercial Loan Workout Manager

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Location Avg. Salary Date Updated
Location Abbeville, LA Avg. Salary $156,215 Date Updated February 26, 2024
Location Abita Springs, LA Avg. Salary $167,346 Date Updated February 26, 2024
Location Acme, LA Avg. Salary $151,314 Date Updated February 26, 2024
Location Addis, LA Avg. Salary $161,964 Date Updated February 26, 2024
Location Aimwell, LA Avg. Salary $151,314 Date Updated February 26, 2024
Location Akers, LA Avg. Salary $166,154 Date Updated February 26, 2024
Location Albany, LA Avg. Salary $160,585 Date Updated February 26, 2024
Location Alexandria, LA Avg. Salary $152,692 Date Updated February 26, 2024
Location Ama, LA Avg. Salary $168,358 Date Updated February 26, 2024
Location Amelia, LA Avg. Salary $160,585 Date Updated February 26, 2024
lower level job