MANHATTAN BRIDGE CAPITAL INC Loan Workout Manager Salary in the United States

How much does a Loan Workout Manager make at companies like MANHATTAN BRIDGE CAPITAL INC in the United States? The average salary for Loan Workout Manager at companies like MANHATTAN BRIDGE CAPITAL INC in the United States is $149,059 as of April 27, 2020, but the range typically falls between $125,664 and $186,632. 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

About MANHATTAN BRIDGE CAPITAL INC

Browse other Companies in the Financial Services Industry

What does a Loan Workout Manager do at companies like MANHATTAN BRIDGE CAPITAL INC?

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)

See user submitted job responsibilities for Loan Workout Manager.

Check out Loan Workout Manager jobs in Virginia

Home Mortgage Single Point of Contact Relationship Specialist

Citizens Financial Group, Inc - Glen Allen, VA

$125,664 Low Average $149,059 High $186,632

Understand the total compensation opportunity for Loan Workout Manager at companies like MANHATTAN BRIDGE CAPITAL INC, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
$125,664
$186,632
$149,059

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
$130,224
$204,169
$150,943
These charts show the average base salary (core compensation), as well as the average total cash compensation for Loan Workout Manager in companies like MANHATTAN BRIDGE CAPITAL INC in the United States. The base salary for Loan Workout Manager in companies like MANHATTAN BRIDGE CAPITAL INC range from $125,664 to $186,632 with the average base salary of $149,059. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $130,224 to $204,169 with the average total cash compensation of $150,943.
Job Openings for MANHATTAN BRIDGE CAPITAL INC Loan Workout Manager

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst