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How much does a Commercial Loan Workout Manager make in Texas? The average Commercial Loan Workout Manager salary in Texas is $169,500 as of February 26, 2024, but the range typically falls between $145,200 and $195,800. 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.

Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Loan Workout Manager Salary $123,076 TX February 26, 2024
25th Percentile Commercial Loan Workout Manager Salary $145,200 TX February 26, 2024
50th Percentile Commercial Loan Workout Manager Salary $169,500 TX February 26, 2024
75th Percentile Commercial Loan Workout Manager Salary $195,800 TX February 26, 2024
90th Percentile Commercial Loan Workout Manager Salary $219,745 TX February 26, 2024
25% $145,200 10% $123,076 90% $219,745 75% $195,800 $169,500 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 Abbott, TX Avg. Salary $155,062 Date Updated February 26, 2024
Location Abernathy, TX Avg. Salary $154,583 Date Updated February 26, 2024
Location Abilene, TX Avg. Salary $155,829 Date Updated February 26, 2024
Location Ace, TX Avg. Salary $165,773 Date Updated February 26, 2024
Location Ackerly, TX Avg. Salary $153,847 Date Updated February 26, 2024
Location Addison, TX Avg. Salary $171,219 Date Updated February 26, 2024
Location Adkins, TX Avg. Salary $165,745 Date Updated February 26, 2024
Location Adrian, TX Avg. Salary $156,656 Date Updated February 26, 2024
Location Afton, TX Avg. Salary $153,847 Date Updated February 26, 2024
Location Agua Dulce, TX Avg. Salary $160,379 Date Updated February 26, 2024
lower level job