Banking & Commercial Loan Workout Manager Salary in Alabama

Banking & Commercial Loan Workout Manager Salary in Alabama

How much does a Banking & Commercial Loan Workout Manager make in Alabama? The average Banking & Commercial Loan Workout Manager salary in Alabama is $159,063 as of April 24, 2024, but the range typically falls between $136,275 and $183,838. 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.

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Banking & Commercial Loan Workout Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Banking & Commercial Loan Workout Manager Salary $115,528 AL April 24, 2024
25th Percentile Banking & Commercial Loan Workout Manager Salary $136,275 AL April 24, 2024
50th Percentile Banking & Commercial Loan Workout Manager Salary $159,063 AL April 24, 2024
75th Percentile Banking & Commercial Loan Workout Manager Salary $183,838 AL April 24, 2024
90th Percentile Banking & Commercial Loan Workout Manager Salary $206,394 AL April 24, 2024
25% $136,275 10% $115,528 90% $206,394 75% $183,838 $159,063 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.

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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 Alabama

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Location Avg. Salary Date Updated
Location Georgiana, AL Avg. Salary $152,313 Date Updated April 24, 2024
Location Tanner, AL Avg. Salary $160,967 Date Updated April 24, 2024
Location Abbeville, AL Avg. Salary $147,813 Date Updated April 24, 2024
Location Abernant, AL Avg. Salary $160,621 Date Updated April 24, 2024
Location Adamsville, AL Avg. Salary $161,660 Date Updated April 24, 2024
Location Addison, AL Avg. Salary $157,506 Date Updated April 24, 2024
Location Adger, AL Avg. Salary $160,621 Date Updated April 24, 2024
Location Akron, AL Avg. Salary $160,967 Date Updated April 24, 2024
Location Alabaster, AL Avg. Salary $160,621 Date Updated April 24, 2024
Location Alberta, AL Avg. Salary $156,640 Date Updated April 24, 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.

Banking & Commercial Loan Workout Manager
Loan Workout Manager
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About Alabama    Alabama (/ˌæləˈbæmə/) is a state in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Flori....More

Skills associated with Banking & Commercial Loan Workout Manager: Loss Mitigation, Debt Restructuring, Loan Software, Banking Software ...More

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