FS Bancorp, Inc. Commercial Loan Workout Manager Salary in the United States
How much does a Commercial Loan Workout Manager make at companies like FS Bancorp, Inc. in the United States? The average salary for Commercial Loan Workout Manager at companies like FS Bancorp, Inc. in the United States is $181,500 as of March 26, 2024, but the range typically falls between $155,500 and $209,800. 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. View the Cost of Living in Major Cities
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What does a Commercial Loan Workout Manager do at companies like FS Bancorp, Inc.?
The Commercial Loan Workout Manager may require a bachelor's degree. Manages a staff of professionals in restructuring problem business banking and commercial loans; works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Being a Commercial Loan Workout Manager typically reports to top management. The Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
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What does a Commercial Loan Workout Manager do?
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