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Commercial Loan Workout Manager Salary in Maine

Commercial Loan Workout Manager Salary in Maine

How much does a Commercial Loan Workout Manager make in Maine? The average Commercial Loan Workout Manager salary in Maine is $168,100 as of March 26, 2024, but the range typically falls between $144,000 and $194,300. 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.

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Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Manager Salary $122,058 ME March 26, 2024
25th Percentile Commercial Loan Workout Manager Salary $144,000 ME March 26, 2024
50th Percentile Commercial Loan Workout Manager Salary $168,100 ME March 26, 2024
75th Percentile Commercial Loan Workout Manager Salary $194,300 ME March 26, 2024
90th Percentile Commercial Loan Workout Manager Salary $218,154 ME March 26, 2024
25% $144,000 10% $122,058 90% $218,154 75% $194,300 $168,100 50%(Median) Didn’t find job title? Click
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Check out Commercial Loan Workout Manager Job Openings in Maine

Commercial Loan Officer

Summit Bank - Bend, OR

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Commercial Loan Closer

SLATT CAPITAL - Burlingame, 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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Lending Contact Center Loan Officer II

Premier America Credit Union - 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 Maine

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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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 Saco, ME Avg. Salary $170,455 Date Updated March 26, 2024
Location Windham, ME Avg. Salary $170,628 Date Updated March 26, 2024
Location Abbot, ME Avg. Salary $163,720 Date Updated March 26, 2024
Location Acton, ME Avg. Salary $174,773 Date Updated March 26, 2024
Location Addison, ME Avg. Salary $163,720 Date Updated March 26, 2024
Location Albion, ME Avg. Salary $163,720 Date Updated March 26, 2024
Location Alfred, ME Avg. Salary $173,909 Date Updated March 26, 2024
Location Alna, ME Avg. Salary $169,074 Date Updated March 26, 2024
Location Andover, ME Avg. Salary $169,074 Date Updated March 26, 2024
Location Anson, ME Avg. Salary $163,720 Date Updated March 26, 2024

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New Hampshire

Commercial Loan Workout Manager Salaries in Portsmouth, New Hampshire

About Maine    To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is ....More

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