MANHATTAN BRIDGE CAPITAL INC Banking & Commercial Loan Workout Manager Salary in the United States
How much does a Banking & Commercial Loan Workout Manager make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Banking & Commercial Loan Workout Manager at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $174,272 as of March 26, 2024, but the range typically falls between $149,306 and $201,416. 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 Banking & Commercial Loan Workout Manager do at companies like MANHATTAN BRIDGE CAPITAL INC?
Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & 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. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
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What does a Banking & Commercial Loan Workout Manager do?
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Level of Education
- Banking & Commercial Loan Workout Manager Salaries with an Associate's Degree
- Banking & Commercial Loan Workout Manager Salaries with a Bachelor's Degree
- Banking & Commercial Loan Workout Manager Salaries with a Master's Degree or MBA
- Banking & Commercial Loan Workout Manager Salaries with a JD, MD, PhD or Equivalent