As of April 01, 2025, the average annual salary for a Loan Workout Manager in Miami, FL is $156,348. Salary.com reports that pay typically ranges from $127,488 to $167,034, with most professionals earning between $101,212 and $176,763.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $167,034 | $13,920 | $3,212 | $80 |
| Average | $156,348 | $13,029 | $3,007 | $75 |
| 25th Percentile | $127,488 | $10,624 | $2,452 | $61 |
An entry-level Loan Workout Manager with under 1 year experience makes about $145,579. With less than 2 years of experience, a mid-level Loan Workout Manager makes around $146,872. After 2-4 years, the Loan Workout Manager pay rises to about $149,887. Those senior Loan Workout Manager with 5-8 years of experience earn roughly $153,333, and those Loan Workout Manager having 8 years or more experience are expected to earn about $157,465 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Workout Manager | $145,579 |
| Intermediate Level Loan Workout Manager | $146,872 |
| Senior Level Loan Workout Manager | $149,887 |
| Specialist Level Loan Workout Manager | $153,333 |
| Expert Level Loan Workout Manager | $157,465 |
| Entry Level | 11% |
| Mid Level | 10% |
| Senior Level | 8% |
| Top Level | 6% |
| Experienced | 3% |
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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
|
$186,054 |
19%
|
|
ACH
|
$168,856 |
8%
|
|
Accountability
|
$167,292 |
7%
|
|
Coaching
|
$157,912 |
1%
|
|
Organizational Skills
|
$157,912 |
1%
|
|
Organizational Skills
|
$157,912 |
1%
|
