Average Salary for Jobs with Loss Mitigation Skills

The average salary for jobs that require the skills of Loss Mitigation is $135,986 based on United States National Average.

Base Salary

Core compensation

$57,413
$214,559
$135,986
Commercial Loan Workout Officer I
Alternate Job Titles: Commercial Loan Restructuring Officer I | Loan Workout Officer, Entry - Commercial

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 size loans of little complexity. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Works on projects/matters of limited complexity in a support role. Work is closely ... View job details


Commercial Loan Workout Officer II
Alternate Job Titles: Commercial Loan Restructuring Officer II | Loan Workout Officer, Experienced - Commercial

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 size and complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Gains exposure to some of the complex tasks within the job function. Occasionall... View job details


Commercial Loan Workout Officer III
Alternate Job Titles: Commercial Loan Restructuring Officer III | Loan Workout Officer, Senior - Commercial

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 large size and complexity. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Contributes to moderately complex aspects of a project. Work is general... View job details


Commercial Loan Workout Officer IV
Alternate Job Titles: Commercial Loan Restructuring Officer IV | Loan Workout Officer, Specialist - Commercial

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 complex loans. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. A specialist on complex technical and business matters. Work is highly independent.... View job details


Consumer Loan Collection Manager
Alternate Job Titles: Consumer Debt Collection Manager | Consumer Loan Collections Group Manager

Responsible for managing the collection efforts of an organization. Develops collection strategies to minimize collection portfolio loss. Designs and implements collection processes, policies, and procedures. Analyzes data, tracks metrics, and identifies trends to improve efficiency and results. Ensures the team is working efficiently and effectively to collect outstanding debts. May require a bac... View job details