As of January 01, 2025, the average annual salary for a Banking & Commercial Loan Workout Manager in Connecticut is $189,195. According to Salary.com, salaries can range from a low of $137,428 to a high of $245,486, with most professionals earning between $162,098 and $218,660.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $203,594 | $16,966 | $3,915 | $98 |
| Average | $176,159 | $14,680 | $3,388 | $85 |
| 25th Percentile | $150,929 | $12,577 | $2,902 | $73 |
An entry-level Banking & Commercial Loan Workout Manager with under 1 year experience makes about $177,907. With less than 2 years of experience, a mid-level Banking & Commercial Loan Workout Manager makes around $179,113. After 2-4 years, the Banking & Commercial Loan Workout Manager pay rises to about $183,132. Those senior Banking & Commercial Loan Workout Manager with 5-8 years of experience earn roughly $187,954, and those Banking & Commercial Loan Workout Manager having 8 years or more experience are expected to earn about $195,381 on average.
| Levels | Salary |
|---|---|
| Entry Level Banking & Commercial Loan Workout Manager | $177,907 |
| Intermediate Level Banking & Commercial Loan Workout Manager | $179,113 |
| Senior Level Banking & Commercial Loan Workout Manager | $183,132 |
| Specialist Level Banking & Commercial Loan Workout Manager | $187,954 |
| Expert Level Banking & Commercial Loan Workout Manager | $195,381 |
| Entry Level | 1% |
| Mid Level | 2% |
| Senior Level | 4% |
| Top Level | 7% |
| Experienced | 11% |
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Banking & Commercial Loan Workout Manager salary varies from city to city. Compared with national average salary of Banking & Commercial Loan Workout Manager, the highest Banking & Commercial Loan Workout Manager salary is in San Francisco, CA, where the Banking & Commercial Loan Workout Manager salary is 25.0% above. The lowest Banking & Commercial Loan Workout Manager salary is in Miami, FL, where the Banking & Commercial Loan Workout Manager salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $220,199 |
25.0%
|
| Washington, DC | $196,065 |
11.3%
|
| Miami, FL | $169,993 |
|
| Chicago, IL | $184,791 |
4.9%
|
| Boston, MA | $197,474 |
12.1%
|
| New York, NY | $205,754 |
16.8%
|
