As of March 01, 2025, the average annual salary for a Banking & Commercial Loan Workout Manager in the United States is $176,925. According to Salary.com, salaries can range from a low of $128,511 to a high of $229,569, with most professionals earning between $151,583 and $204,481.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $204,481 | $17,040 | $3,932 | $98 |
| Average | $176,925 | $14,744 | $3,402 | $85 |
| 25th Percentile | $151,583 | $12,632 | $2,915 | $73 |
An entry-level Banking & Commercial Loan Workout Manager with less than 1 year of experience earns about $165,649. With 1-2 years of experience, the average salary increases to $166,772. For 2-4 years of experience, the pay typically rises to $170,514. Senior-level professionals with 5-8 years of experience earn around $175,004, and those with over 8 years of experience can expect an average of $181,919.
| Levels | Salary |
|---|---|
| Entry Level Banking & Commercial Loan Workout Manager | $165,649 |
| Intermediate Level Banking & Commercial Loan Workout Manager | $166,772 |
| Senior Level Banking & Commercial Loan Workout Manager | $170,514 |
| Specialist Level Banking & Commercial Loan Workout Manager | $175,004 |
| Expert Level Banking & Commercial Loan Workout Manager | $181,919 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 1% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Banking & Commercial Loan Workout Manager compensation over the past six years. For example, the median salary increased from $104,881 in 2023 to approximately $105,277 in 2024. (For a detailed analysis of Banking & Commercial Loan Workout Manager salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Banking & Commercial Loan Workout Manager information for you to search for. Click on search button below to see Banking & Commercial Loan Workout Manager job openings or enter a new job title here.
Here are companies hiring for Banking & Commercial Loan Workout Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $176,925 | 66.1% | ||
| Bonus | $24,547 | 9.2% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,375 | 5.0% | ||
| 401K/403B | $9,469 | 3.5% | ||
| Disability | $1,612 | 0.6% | ||
| Healthcare | $6,056 | 2.3% | ||
| Pension | $11,081 | 4.1% | ||
| Time Off | $24,797 | 9.3% | ||
| Total Compensation | $267,861 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 14.2% |
| Associates | 9.4% |
| Bachelors | 50.9% |
| Masters | 21.7% |
| Doctorate | 3.8% |
What Am I Worth?
The average annual salary of Banking & Commercial Loan Workout Manager is $176,925. In case you are finding an easy salary calculator, the average hourly pay of Banking & Commercial Loan Workout Manager is $85; the average weekly pay of Banking & Commercial Loan Workout Manager is $3,402; the average monthly pay of Banking & Commercial Loan Workout Manager is $14,744.
A Banking & Commercial Loan Workout Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Banking & Commercial Loan Workout Manager earns the most in San Jose, CA, where the annual salary of a Banking & Commercial Loan Workout Manager is $222,041.
The highest pay for Banking & Commercial Loan Workout Manager is $229,569.
The lowest pay for Banking & Commercial Loan Workout Manager is $128,511.
Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & 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. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Portfolio Management: Portfolio management is the selection, prioritisation and control of an organisation's programmes and projects. The goal is to balance the implementation of change initiatives and the maintenance of business-as-usual, while optimising ROI.
Support Services: Support Services means those activities provided to or on behalf of a person in the areas of personal care and assistance and property maintenance in order to allow a person to live in the least restrictive environment.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
