As of December 01, 2024, the average annual pay of Loan Workout Manager in Hattiesburg, MS is $147,661. While Salary.com is seeing that Loan Workout Manager salary in Hattiesburg, MS can go up to $218,737 or down to $103,396, but most earn between $124,491 and $184,865. Salary.com shows 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.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $211,516 | $17,626 | $4,068 | $102 |
| Average | $168,949 | $14,079 | $3,249 | $81 |
| 25th Percentile | $142,438 | $11,870 | $2,739 | $68 |
An entry-level Loan Workout Manager with under 1 year experience makes about $138,427. With less than 2 years of experience, a mid-level Loan Workout Manager makes around $139,459. After 2-4 years, the Loan Workout Manager pay rises to about $141,869. Those senior Loan Workout Manager with 5-8 years of experience earn roughly $144,623, and those Loan Workout Manager having 8 years or more experience are expected to earn about $150,904 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Workout Manager | $138,427 |
| Intermediate Level Loan Workout Manager | $139,459 |
| Senior Level Loan Workout Manager | $141,869 |
| Specialist Level Loan Workout Manager | $144,623 |
| Expert Level Loan Workout Manager | $150,904 |
| Entry Level | 18% |
| Mid Level | 17% |
| Senior Level | 16% |
| Top Level | 14% |
| Experienced | 11% |
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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
|
$175,717 |
19%
|
|
ACH
|
$159,474 |
8%
|
|
Accountability
|
$157,998 |
7%
|
|
Coaching
|
$149,138 |
1%
|
|
Organizational Skills
|
$149,138 |
1%
|
|
Organizational Skills
|
$149,138 |
1%
|
