Commercial Loan Workout Manager Salary in Maryland
Commercial Loan Workout Manager Salary in Maryland
How much does a Commercial Loan Workout Manager make in Maryland? The average Commercial Loan Workout Manager salary in Maryland is $178,100 as of March 26, 2024, but the range typically falls between $152,600 and $205,800. 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 | $129,384 | MD | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Manager Salary | $152,600 | MD | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Manager Salary | $178,100 | MD | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Manager Salary | $205,800 | MD | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Manager Salary | $231,019 | MD | March 26, 2024 |
Summit Bank - Bend, OR
Commercial Banking Relationship Manager
Northwest Bank - Lake Oswego, OR
Special Assets/Loan Workout Officer/ Portfolio Manager/ Hybrid
SVI Recruiting Group - Manhattan Beach, CA
Commercial Loan Officer - Boise Area
Westmark Credit Union - Meridian, ID
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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 Dundalk, MD | Avg. Salary $177,536 | Date Updated March 26, 2024 |
| Location Abell, MD | Avg. Salary $191,352 | Date Updated March 26, 2024 |
| Location Aberdeen, MD | Avg. Salary $173,909 | Date Updated March 26, 2024 |
| Location Aberdeen Proving Ground, MD | Avg. Salary $174,946 | Date Updated March 26, 2024 |
| Location Abingdon, MD | Avg. Salary $174,082 | Date Updated March 26, 2024 |
| Location Accident, MD | Avg. Salary $154,567 | Date Updated March 26, 2024 |
| Location Accokeek, MD | Avg. Salary $191,870 | Date Updated March 26, 2024 |
| Location Adamstown, MD | Avg. Salary $187,726 | Date Updated March 26, 2024 |
| Location Allen, MD | Avg. Salary $183,581 | Date Updated March 26, 2024 |
| Location Andrews Air Force Base, MD | Avg. Salary $192,216 | Date Updated March 26, 2024 |
About Maryland
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| Job Title Commercial Loan Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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Most Popular Cities for Commercial Loan Workout Manager Job
- Buffalo, NY Commercial Loan Workout Manager
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- Boston, MA Commercial Loan Workout Manager
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- Minneapolis, MN Commercial Loan Workout Manager
- Dallas, TX Commercial Loan Workout Manager
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- Atlanta, GA Commercial Loan Workout Manager
- Chicago, IL Commercial Loan Workout Manager
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About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
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