How much does a Banking & Commercial Loan Workout Manager make in Mississippi? The average Banking & Commercial Loan Workout Manager salary in Mississippi is $154,049 as of March 26, 2024, but the range typically falls between $131,979 and $178,044. 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.

Banking & Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Banking & Commercial Loan Workout Manager Salary $111,886 MS March 26, 2024
25th Percentile Banking & Commercial Loan Workout Manager Salary $131,979 MS March 26, 2024
50th Percentile Banking & Commercial Loan Workout Manager Salary $154,049 MS March 26, 2024
75th Percentile Banking & Commercial Loan Workout Manager Salary $178,044 MS March 26, 2024
90th Percentile Banking & Commercial Loan Workout Manager Salary $199,891 MS March 26, 2024
25% $131,979 10% $111,886 90% $199,891 75% $178,044 $154,049 50%(Median) Didn’t find job title? Click
Change Search Criteria

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.

Analysis 6.67%
Portfolio Management 6.67%
Support Services 6.67%
Others 79.99%

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

Employers: Job Description Management Tool

See user submitted job responsibilities for Banking & Commercial Loan Workout Manager.

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 Mississippi

Select a city to view specific salary and bonus information for Banking & Commercial Loan Workout Manager

Loading results...
Location Avg. Salary Date Updated
Location Olive Branch, MS Avg. Salary $161,130 Date Updated March 26, 2024
Location Abbeville, MS Avg. Salary $160,612 Date Updated March 26, 2024
Location Aberdeen, MS Avg. Salary $146,277 Date Updated March 26, 2024
Location Ackerman, MS Avg. Salary $145,759 Date Updated March 26, 2024
Location Algoma, MS Avg. Salary $145,759 Date Updated March 26, 2024
Location Alligator, MS Avg. Salary $151,976 Date Updated March 26, 2024
Location Amory, MS Avg. Salary $145,759 Date Updated March 26, 2024
Location Anguilla, MS Avg. Salary $152,149 Date Updated March 26, 2024
Location Arcola, MS Avg. Salary $153,531 Date Updated March 26, 2024
Location Arkabutla, MS Avg. Salary $160,612 Date Updated March 26, 2024

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.

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Banking & Commercial Loan Workout Manager Salary in Mississippi
Banking & Commercial Loan Workout Manager Salary Graph, Regional Distribution and Summary