How much does a Banking & Commercial Loan Workout Manager make in Maine? The average Banking & Commercial Loan Workout Manager salary in Maine is $150,075 as of March 26, 2020, but the range typically falls between $128,548 and $173,462. 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.

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25% $128,548 10% $108,949 90% $194,754 75% $173,462 $150,075 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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Job Openings for Banking & Commercial Loan Workout Manager in Maine

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Location Avg. Salary Date Updated
Location Saco, ME Avg. Salary $155,473 Date Updated March 26, 2020
Location Windham, ME Avg. Salary $155,680 Date Updated March 26, 2020
Location Abbot, ME Avg. Salary $140,714 Date Updated March 26, 2020
Location Acton, ME Avg. Salary $157,662 Date Updated March 26, 2020
Location Addison, ME Avg. Salary $140,714 Date Updated March 26, 2020
Location Albion, ME Avg. Salary $140,714 Date Updated March 26, 2020
Location Alfred, ME Avg. Salary $156,601 Date Updated March 26, 2020
Location Alna, ME Avg. Salary $154,227 Date Updated March 26, 2020
Location Andover, ME Avg. Salary $154,227 Date Updated March 26, 2020
Location Anson, ME Avg. Salary $140,714 Date Updated March 26, 2020

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