Banking & Commercial Loan Workout Manager Salary in District of Columbia

How much does a Banking & Commercial Loan Workout Manager make in District of Columbia? The average Banking & Commercial Loan Workout Manager salary in District of Columbia is $172,553 as of January 20, 2020, but the range typically falls between $147,803 and $199,442. 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.

25% $147,803 10% $125,271 90% $223,923 75% $199,442 $172,553 50%(Median)
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Job Description

Banking & Commercial Loan Workout Manager 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. May require a bachelor's degree. Being a Banking & Commercial Loan Workout Manager 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 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $171,684 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $171,684 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $171,684 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $171,684 Date Updated January 20, 2020
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