How much does a Loan Workout Manager make in the United States? The average Loan Workout Manager salary in the United States is $164,622 as of November 27, 2023, but the range typically falls between $138,798 and $206,105. 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, helps you determine your exact pay target. 

Based on HR-reported data: a national average with a geographic differential
Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Workout Manager Salary $115,286 US November 27, 2023
25th Percentile Loan Workout Manager Salary $138,798 US November 27, 2023
50th Percentile Loan Workout Manager Salary $164,622 US November 27, 2023
75th Percentile Loan Workout Manager Salary $206,105 US November 27, 2023
90th Percentile Loan Workout Manager Salary $243,872 US November 27, 2023
25% $138,798 10% $115,286 90% $243,872 75% $206,105 $164,622 50%(Median) Didn’t find job title? Click
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Job Description for Loan Workout Manager

Loan Workout Manager directs and manages a team of professionals in restructuring commercial loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Loan Workout Manager is responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Additionally, Loan Workout Manager provides guidance and oversight on high complexity or challenging loans. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Loan Workout Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Loan Workout Manager typically requires 3+ years of managerial experience. (Copyright 2023 View full job description

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Job Openings for Loan Workout Manager
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Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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 2022
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City, State Compared to national average
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+ 17.5%
City, State Dallas, TX Compared to national average

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Workout Manager in the United States. The base salary for Loan Workout Manager ranges from $138,798 to $206,105 with the average base salary of $164,622. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $143,841 to $225,448 with the average total cash compensation of $166,719.
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Skills associated with Loan Workout Manager: Loss Mitigation, Debt Restructuring, Negotiation, Banking Software ...More

Salary estimation for Loan Workout Manager at companies like : Hfc Prestige International Us LLC, Professional Placement Resources LLC, Dbm Holdings LLC