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How much does a Commercial Loan Workout Manager make in North Carolina? The average Commercial Loan Workout Manager salary in North Carolina is $165,800 as of March 26, 2024, but the range typically falls between $142,100 and $191,700. 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.

Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Manager Salary $120,522 NC March 26, 2024
25th Percentile Commercial Loan Workout Manager Salary $142,100 NC March 26, 2024
50th Percentile Commercial Loan Workout Manager Salary $165,800 NC March 26, 2024
75th Percentile Commercial Loan Workout Manager Salary $191,700 NC March 26, 2024
90th Percentile Commercial Loan Workout Manager Salary $215,281 NC March 26, 2024
25% $142,100 10% $120,522 90% $215,281 75% $191,700 $165,800 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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Location Avg. Salary Date Updated
Location Aberdeen, NC Avg. Salary $155,776 Date Updated March 26, 2024
Location Advance, NC Avg. Salary $161,648 Date Updated March 26, 2024
Location Ahoskie, NC Avg. Salary $161,648 Date Updated March 26, 2024
Location Alamance, NC Avg. Salary $161,820 Date Updated March 26, 2024
Location Albemarle, NC Avg. Salary $162,857 Date Updated March 26, 2024
Location Albertson, NC Avg. Salary $156,294 Date Updated March 26, 2024
Location Alexander, NC Avg. Salary $158,712 Date Updated March 26, 2024
Location Alexis, NC Avg. Salary $167,347 Date Updated March 26, 2024
Location Alliance, NC Avg. Salary $156,985 Date Updated March 26, 2024
Location Almond, NC Avg. Salary $157,158 Date Updated March 26, 2024
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