Average Salary for Jobs with Loss Mitigation Skills

The average salary for jobs that require the skills of Loss Mitigation is $146,297 based on United States National Average.

Base Salary

Core compensation

$46,970
$245,623
$146,297
Banking & Commercial Loan Workout Manager
Alternate Job Titles: Commercial Loan Workout Manager | Loan Restructuring Officer | Problem Loan Restructuring/Resolution Officer

Manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers to establish collateral, equity, or other assets. May require a bachelor's degree. Typically reports to top management. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department mi... View job details


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