Banking & Commercial Loan Workout Manager Salary in Depew, New York

Banking & Commercial Loan Workout Manager Salary in Depew, NY

How much does a Banking & Commercial Loan Workout Manager make in Depew, NY? The average Banking & Commercial Loan Workout Manager salary in Depew, NY is $169,734 as of August 27, 2024, but the range typically falls between $145,418 and $196,166. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Banking & Commercial Loan Workout Manager Salary $123,279 Depew,NY August 27, 2024
25th Percentile Banking & Commercial Loan Workout Manager Salary $145,418 Depew,NY August 27, 2024
50th Percentile Banking & Commercial Loan Workout Manager Salary $169,734 Depew,NY August 27, 2024
75th Percentile Banking & Commercial Loan Workout Manager Salary $196,166 Depew,NY August 27, 2024
90th Percentile Banking & Commercial Loan Workout Manager Salary $220,232 Depew,NY August 27, 2024
25% $145,418 10% $123,279 90% $220,232 75% $196,166 $169,734 50%(Median) Didn’t find job title? Click
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SME IN COMMERCIAL BANKING AND LOAN TRADING

Techno-Comp USA, Inc. - New York, NY

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SME in Commercial Banking and Loan Trading

Techno-Comp USA, Inc. - New York City, NY

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Commercial Workout Analyst

KeyBank - East Amherst, NY

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What skills does a Banking & Commercial Loan Workout Manager need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

See More Skills
Analysis 6.67%
Portfolio Management 6.67%
Support Services 6.67%
Others 79.99%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Banking & Commercial Loan Workout Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Portfolio Management, you can get a 7% salary raise. If you are good at Problem Solving, your salary will increase by 6%. If you are expert in Leadership, your salary will rise by 5%.
Skill Salary Demand
Portfolio Management
 $181,615
7%
Problem Solving
 $179,918
6%
Leadership
 $178,220
5%
Commercial Banking
 $173,128
2%
Commercial Banking
 $173,128
2%
Commercial Banking
 $173,128
2%
Get Latest Data
Last Updated on August 27, 2024

What Should I Pay?

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Job Description for Banking & Commercial Loan Workout Manager

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. (Copyright 2024 Salary.com)... View full job description

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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.

Job Openings for Banking & Commercial Loan Workout Manager in Depew, NY
  • Bank of America - New York, NY
    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsibl...
    - 1 Day Ago
  • Techno-Comp USA, Inc. - New York, NY
    Job Title: SME in Commercial Banking and Loan Trading Location: NYC, NY Duration: Long term SMEWho are in Commercial Banking in Leveraged finance and Loan ...
    - 4 Days Ago
  • Techno-Comp USA, Inc. - New York City, NY
    Job Title: SME in Commercial Banking and Loan TradingLocation: NYC, NYDuration: Long term SMEWho are in Commercial Banking in Leveraged finance and Loan Tr...
    - 3 Days Ago
  • KeyBank - East Amherst, NY
    Location. 4224 Ridge Lea Road - Amherst, New York 14226. Qualified candidates must report to the office 1 day per week at either the Brooklyn, OH (Tiedeman...
    - 2 Days Ago
  • Sumitomo Mitsui Financial Group, Inc. - New York, NY
    SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial service...
    - 4 Days Ago

Career Path for Banking & Commercial Loan Workout Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Banking & Commercial Loan Workout Manager, the first career path typically progresses to Loan Workout Manager.

Banking & Commercial Loan Workout Manager
Loan Workout Manager
Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC PROPERTIES INC
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2023
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Banking & Commercial Loan Workout Manager Pay Difference by Location

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 Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Banking & Commercial Loan Workout Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
145418
196166
169734

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
164950
237041
193274
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Banking & Commercial Loan Workout Manager in Depew, NY. The base salary for Banking & Commercial Loan Workout Manager ranges from $145,418 to $196,166 with the average base salary of $169,734. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $164,950 to $237,041 with the average total cash compensation of $193,274.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

145418
196166

 

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How much should you be paid?

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About Depew, New York    Depew is a village in Erie County, New York, United States. The population was 15,303 at the 2010 census. It is part of the Buffalo–Niagara Falls Metr....More

Depew, New York  area prices were up 1.5% from a year ago    View the Cost of Living in Depew, New York

Banking & Commercial Loan Workout Manager Salary in popular cities: New York, Buffalo, Rochester

Skills associated with Banking & Commercial Loan Workout Manager: Debt Restructuring, Negotiation, Loan Software, Loss Mitigation ...More

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