Loan Workout Manager Salaries

View Loan Workout Manager Hourly Wages

Alternate Job Titles: Loan Workout Manager

What is the average annual salary for Loan Workout Manager?
The annual salary for someone with the job title Loan Workout Manager may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Loan Workout Manager in the United States.

This chart describes the expected percentage of people who perform the job of Loan Workout Manager in the United States that make less than that annual salary. For example the median expected annual pay for a typical Loan Workout Manager in the United States is $135,221 so 50% of the people who perform the job of Loan Workout Manager in the United States are expected to make less than $135,221.

Source: HR Reported data as of August 2015

Median $135,221
  • 10%$94,674
  • 25%$113,997
  • 75%$169,311
  • 90%$200,349

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Job Description for Loan Workout Manager

Manages a staff of professionals in restructuring loans. Works with lending personnel and borrowers to better secure collateral and/or assets of the borrower. Responsible for collecting potential loans that are viable. Develops programs and manages strategies to reach performance goals. Requires a bachelor's degree in area of specialty and at least 7 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Typically reports to a head of a unit/department. View Loan Workout Manager job description

View Accounting Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K

Categories:  Accounting, Banking, Financial Services

Industries:  Business Services, Financial Services

Similar Job Titles:  Banking & Commercial Loan Workout Manager, Loan Workout Officer I, Loan Workout Officer II, Loan Workout Officer III, Commercial Loan Workout Officer IV, Loan Examiner Manager, Commercial Loan Workout Officer I, Commercial Loan Workout Officer II, Commercial Loan Workout Officer III

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