How much does a Banking & Commercial Loan Workout Manager make in the United States? The average Banking & Commercial Loan Workout Manager salary in the United States is $162,840 as of April 26, 2022, but the range typically falls between $139,495 and $188,215. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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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 to establish collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to top management. 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. Extensive knowledge of department processes. To be a Banking & 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 2022 Salary.com)... View full job description
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Commercial Loan Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Review Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Workout Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
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Skills associated with Banking & Commercial Loan Workout Manager: Debt Restructuring, Banking Software, Loss Mitigation, Negotiation ...More
Salary estimation for Banking & Commercial Loan Workout Manager at companies like : FS BANCORP INC, LTC PROPERTIES INC, SILVERCREST ASSET MGT