Loan Workout Manager Salary in Chillicothe, Ohio

How much does a Loan Workout Manager make in Chillicothe, OH? The average Loan Workout Manager salary in Chillicothe, OH is $138,194 as of January 20, 2020, but the range typically falls between $116,501 and $173,033. 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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25% $116,501 10% $96,751 90% $204,752 75% $173,033 $138,194 50%(Median)
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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 2020 Salary.com)

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Job Openings for Loan Workout Manager in Chillicothe, OH
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

Core compensation

 
 
 
116501
173033
138194

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
120732
189293
139949
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 Chillicothe, OH. The base salary for Loan Workout Manager ranges from $116,501 to $173,033 with the average base salary of $138,194. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $120,732 to $189,293 with the average total cash compensation of $139,949.
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116501
173033

 

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About Chillicothe, Ohio    Chillicothe (/ˌtʃɪlɪˈkɒθi/ CHIL-i-KOTH-ee) is a city in and the county seat of Ross County, Ohio, United States. Located along the Scioto River 45 mil....More

Chillicothe, Ohio  area prices were up 1.3% from a year ago    View the Cost of Living in Chillicothe, Ohio

Loan Workout Manager Salary in popular cities: ColumbusClevelandCincinnati

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

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