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Commercial Loan Workout Manager Salary in Lake Charles, Louisiana

Commercial Loan Workout Manager Salary in Lake Charles, LA

How much does a Commercial Loan Workout Manager make in Lake Charles, LA? The average Commercial Loan Workout Manager salary in Lake Charles, LA is $160,000 as of March 26, 2024, but the range typically falls between $137,100 and $184,900. 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.

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Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Manager Salary $116,251 Lake Charles,LA March 26, 2024
25th Percentile Commercial Loan Workout Manager Salary $137,100 Lake Charles,LA March 26, 2024
50th Percentile Commercial Loan Workout Manager Salary $160,000 Lake Charles,LA March 26, 2024
75th Percentile Commercial Loan Workout Manager Salary $184,900 Lake Charles,LA March 26, 2024
90th Percentile Commercial Loan Workout Manager Salary $207,570 Lake Charles,LA March 26, 2024
25% $137,100 10% $116,251 90% $207,570 75% $184,900 $160,000 50%(Median) Didn’t find job title? Click
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Agricultural / Commercial Loan Officer

MRINetwork Jobs - Bakersfield, CA

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Commercial Loan Closer

SLATT CAPITAL - Burlingame, CA

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Loan Manager

第一銀行 FirstBank - Los Angeles, CA

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Real Estate Loan Agents/Brokers F/T or P/T

First Banker Mortgage Corp. - Los Angeles, 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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Job Openings for Commercial Loan Workout Manager in Lake Charles, LA

Career Path for this job

  1. Down a level:

    Loan Restructuring Officer III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Commercial Loan Workout Manager

    5 + years experience
    Bachelor's Degree

  3. Up a level:

    Commercial Loan Restructuring and Workout Manager


    Bachelor's Degree

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Understand the total compensation opportunity for a Commercial Loan Workout Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
137100
184900
160000

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
155500
223400
182100
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 Lake Charles, LA. The base salary for Commercial Loan Workout Manager ranges from $137,100 to $184,900 with the average base salary of $160,000. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $155,500 to $223,400 with the average total cash compensation of $182,100.
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137100
184900

 

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About Lake Charles, Louisiana    Lake Charles (French: Lac Charles) is the fifth-largest incorporated city in the U.S. state of Louisiana, located on Lake Charles, Prien Lake, and the....More

Lake Charles, Louisiana  area prices were up 1.2% from a year ago    View the Cost of Living in Lake Charles, Louisiana

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