Loan Workout Manager Salary in Chandler, Arizona

How much does a Loan Workout Manager make in Chandler, AZ? The average Loan Workout Manager salary in Chandler, AZ is $144,720 as of November 25, 2019, but the range typically falls between $122,003 and $181,204. 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, Salary.com helps you determine your exact pay target. 

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Job Description

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 2019 Salary.com)

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Job Openings for Loan Workout Manager in Chandler, AZ
Those that have already made the climb...
Pamela J. Shelley-Kessler , Executive Vice 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 holds more than 200 investments in 28 states with 29 operating... More
Fiscal Year Ended in 2018
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Average Base Salary

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122003
181204
144720

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
126430
198222
146555
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 Chandler, AZ. The base salary for Loan Workout Manager ranges from $122,003 to $181,204 with the average base salary of $144,720. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $126,430 to $198,222 with the average total cash compensation of $146,555.
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122003
181204

 

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About Chandler, Arizona    Chandler is a city in Maricopa County, Arizona, United States, and a prominent suburb of the Phoenix, Arizona, Metropolitan Statistical Area (MSA). It....More

Chandler, Arizona  area prices were up 2.2% from a year ago    View the Cost of Living in Chandler, Arizona

Loan Workout Manager Salary in popular cities: PhoenixTucsonMesa

Skills associated with Loan Workout Manager: Loss Mitigation, Banking Software, Debt Restructuring, Loan Software ...More

Salary estimation for Loan Workout Manager at companies like : FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC