As of February 01, 2025, the average annual salary for a Banking & Commercial Loan Workout Manager in Frederick, MD is $189,609. According to Salary.com, salaries can range from a low of $137,724 to a high of $246,020, with most professionals earning between $162,450 and $219,136.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $204,038 | $17,003 | $3,924 | $98 |
| Average | $176,545 | $14,712 | $3,395 | $85 |
| 25th Percentile | $151,257 | $12,605 | $2,909 | $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 | 1% |
| Senior Level | 4% |
| Top Level | 6% |
| Experienced | 11% |
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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.
| Skill | Salary | Demand |
|---|---|---|
|
Portfolio Management
|
$202,881 |
7%
|
|
Risk Management
|
$202,881 |
7%
|
|
Problem Solving
|
$200,985 |
6%
|
|
Leadership
|
$199,089 |
5%
|
|
Commercial Banking
|
$193,401 |
2%
|
|
Credit Risk
|
$191,505 |
1%
|
