How much does a Loan Workout Manager make in South Carolina? The average Loan Workout Manager salary in South Carolina is $141,286 as of July 27, 2020, but the range typically falls between $119,111 and $176,904. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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25% $119,111 10% $98,922 90% $209,333 75% $176,904 $141,286 50%(Median)
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Job Description for Loan Workout Manager

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)...View full job description

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Job Openings for Loan Workout Manager in South Carolina

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Location Avg. Salary Date Updated
Location Goose Creek, SC Avg. Salary $143,134 Date Updated July 27, 2020
Location Abbeville, SC Avg. Salary $146,213 Date Updated July 27, 2020
Location Adams Run, SC Avg. Salary $142,429 Date Updated July 27, 2020
Location Aiken, SC Avg. Salary $139,923 Date Updated July 27, 2020
Location Alcolu, SC Avg. Salary $134,976 Date Updated July 27, 2020
Location Allendale, SC Avg. Salary $139,289 Date Updated July 27, 2020
Location Anderson, SC Avg. Salary $145,633 Date Updated July 27, 2020
Location Andrews, SC Avg. Salary $136,961 Date Updated July 27, 2020
Location Arcadia, SC Avg. Salary $140,018 Date Updated July 27, 2020
Location Awendaw, SC Avg. Salary $142,288 Date Updated July 27, 2020
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