Average Salary for Jobs with Loss Mitigation Skills

The average salary for jobs that require the skills of Loss Mitigation is $142,947 based on United States National Average.

Base Salary

Core compensation

$45,985
$239,910
$142,947
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Job Title Experience EDUCATION Avg. Salary  
Job TitleBanking & Commercial Loan Workout Manager Experience5 + EducationBachelors Avg. Salary$154,036  
76.96%
Job Title, Experience, Education

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. M More

Avg. Salary,  
Alternate Job Titles:
Commercial Loan Workout Manager
Problem Loan Restructuring/Resolution Officer
Loan Restructuring Officer
Job TitleCommercial Loan Workout Officer I Experience0 - 2 EducationBachelors Avg. Salary$59,731  
29.84%
Job Title, Experience, Education

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with small to moderate si More

Avg. Salary,  
Alternate Job Titles:
Commercial Loan Restructuring Officer I
Loan Workout Officer, Entry - Commercial
Job TitleCommercial Loan Workout Officer II Experience2 - 4 EducationBachelors Avg. Salary$81,175  
40.56%
Job Title, Experience, Education

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with loans of moderate si More

Avg. Salary,  
Alternate Job Titles:
Commercial Loan Restructuring Officer II
Loan Workout Officer, Experienced - Commercial
Job TitleCommercial Loan Workout Officer III Experience4 - 7 EducationBachelors Avg. Salary$109,398  
54.66%
Job Title, Experience, Education

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with loans of moderate to More

Avg. Salary,  
Alternate Job Titles:
Commercial Loan Restructuring Officer III
Loan Workout Officer, Senior - Commercial
Job TitleCommercial Loan Workout Officer IV Experience7 + EducationBachelors Avg. Salary$133,003  
66.45%
Job Title, Experience, Education

Restructures problem loans for commercial clients. Negotiates with lending personnel and commercial borrowers to better secure collateral and/or assets of the borrower. Works with the largest and most More

Avg. Salary,  
Alternate Job Titles:
Commercial Loan Restructuring Officer IV
Loan Workout Officer, Specialist - Commercial