As of May 01, 2025, the average annual salary for a Loan Workout Manager in Baltimore, MD is $167,788. Salary.com reports that pay typically ranges from $136,816 to $179,256, with most professionals earning between $108,617 and $189,697.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $179,256 | $14,938 | $3,447 | $86 |
| Average | $167,788 | $13,982 | $3,227 | $81 |
| 25th Percentile | $136,816 | $11,401 | $2,631 | $66 |
An entry-level Loan Workout Manager with under 1 year experience makes about $156,231. With less than 2 years of experience, a mid-level Loan Workout Manager makes around $157,618. After 2-4 years, the Loan Workout Manager pay rises to about $160,854. Those senior Loan Workout Manager with 5-8 years of experience earn roughly $164,552, and those Loan Workout Manager having 8 years or more experience are expected to earn about $168,986 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Workout Manager | $156,231 |
| Intermediate Level Loan Workout Manager | $157,618 |
| Senior Level Loan Workout Manager | $160,854 |
| Specialist Level Loan Workout Manager | $164,552 |
| Expert Level Loan Workout Manager | $168,986 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 4% |
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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.
Accountability: Setting and holding oneself and others to stated expectations by associating tasks with our business's mission, values, and goals.
Bond: Bonds are issued by borrowers to raise money from investors willing to lend them money for a certain amount of time.
Consumer Loans: a consumer loan is any type of loan made to a consumer by a creditor. The loan can be secured (backed by the assets of the borrower) or unsecured (not backed by the assets of the borrower).
| Skill | Salary | Demand |
|---|---|---|
|
Banking System
|
$199,667 |
19%
|
|
ACH
|
$181,211 |
8%
|
|
Accountability
|
$179,533 |
7%
|
|
Coaching
|
$169,466 |
1%
|
|
Organizational Skills
|
$169,466 |
1%
|
|
Organizational Skills
|
$169,466 |
1%
|
