How much does a Banking & Commercial Loan Workout Manager make in North Carolina? The average Banking & Commercial Loan Workout Manager salary in North Carolina is $165,793 as of March 26, 2024, but the range typically falls between $142,041 and $191,617. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Banking & Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Banking & Commercial Loan Workout Manager Salary $120,416 NC March 26, 2024
25th Percentile Banking & Commercial Loan Workout Manager Salary $142,041 NC March 26, 2024
50th Percentile Banking & Commercial Loan Workout Manager Salary $165,793 NC March 26, 2024
75th Percentile Banking & Commercial Loan Workout Manager Salary $191,617 NC March 26, 2024
90th Percentile Banking & Commercial Loan Workout Manager Salary $215,130 NC March 26, 2024
25% $142,041 10% $120,416 90% $215,130 75% $191,617 $165,793 50%(Median) Didn’t find job title? Click
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What skills does a Banking & Commercial Loan Workout Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Portfolio Management: Portfolio management is the selection, prioritisation and control of an organisation's programmes and projects. The goal is to balance the implementation of change initiatives and the maintenance of business-as-usual, while optimising ROI.

3.

Support Services: Support Services means those activities provided to or on behalf of a person in the areas of personal care and assistance and property maintenance in order to allow a person to live in the least restrictive environment.

Analysis 6.67%
Portfolio Management 6.67%
Support Services 6.67%
Others 79.99%

Job Description for Banking & Commercial Loan Workout Manager

Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Banking & Commercial Loan Workout Manager in North Carolina

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Location Avg. Salary Date Updated
Location Aberdeen, NC Avg. Salary $155,776 Date Updated March 26, 2024
Location Advance, NC Avg. Salary $161,648 Date Updated March 26, 2024
Location Ahoskie, NC Avg. Salary $161,648 Date Updated March 26, 2024
Location Alamance, NC Avg. Salary $161,820 Date Updated March 26, 2024
Location Albemarle, NC Avg. Salary $162,857 Date Updated March 26, 2024
Location Albertson, NC Avg. Salary $156,294 Date Updated March 26, 2024
Location Alexander, NC Avg. Salary $158,712 Date Updated March 26, 2024
Location Alexis, NC Avg. Salary $167,347 Date Updated March 26, 2024
Location Alliance, NC Avg. Salary $156,985 Date Updated March 26, 2024
Location Almond, NC Avg. Salary $157,158 Date Updated March 26, 2024

Career Path for Banking & Commercial Loan Workout Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Banking & Commercial Loan Workout Manager, the first career path typically progresses to Loan Workout Manager.

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Banking & Commercial Loan Workout Manager Salary in North Carolina
Banking & Commercial Loan Workout Manager Salary Graph, Regional Distribution and Summary