Commercial Loan Workout Manager Salary in Utah
Commercial Loan Workout Manager Salary in Utah
How much does a Commercial Loan Workout Manager make in Utah? The average Commercial Loan Workout Manager salary in Utah is $164,300 as of March 26, 2024, but the range typically falls between $140,800 and $189,900. 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 | $119,404 | UT | March 26, 2024 |
| 25th Percentile Commercial Loan Workout Manager Salary | $140,800 | UT | March 26, 2024 |
| 50th Percentile Commercial Loan Workout Manager Salary | $164,300 | UT | March 26, 2024 |
| 75th Percentile Commercial Loan Workout Manager Salary | $189,900 | UT | March 26, 2024 |
| 90th Percentile Commercial Loan Workout Manager Salary | $213,207 | UT | March 26, 2024 |
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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 Lehi, UT | Avg. Salary $160,093 | Date Updated March 26, 2024 |
| Location Alpine, UT | Avg. Salary $168,556 | Date Updated March 26, 2024 |
| Location Altamont, UT | Avg. Salary $167,174 | Date Updated March 26, 2024 |
| Location Alton, UT | Avg. Salary $166,138 | Date Updated March 26, 2024 |
| Location Altonah, UT | Avg. Salary $167,174 | Date Updated March 26, 2024 |
| Location American Fork, UT | Avg. Salary $160,612 | Date Updated March 26, 2024 |
| Location Aneth, UT | Avg. Salary $166,829 | Date Updated March 26, 2024 |
| Location Annabella, UT | Avg. Salary $158,539 | Date Updated March 26, 2024 |
| Location Antimony, UT | Avg. Salary $158,539 | Date Updated March 26, 2024 |
| Location Aurora, UT | Avg. Salary $158,539 | Date Updated March 26, 2024 |
About Utah
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Most Popular Cities for Commercial Loan Workout Manager Job
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