How much does a Banking & Commercial Loan Workout Manager make in California? The average Banking & Commercial Loan Workout Manager salary in California is $190,489 as of March 26, 2024, but the range typically falls between $163,199 and $220,160. 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 $138,353 CA March 26, 2024
25th Percentile Banking & Commercial Loan Workout Manager Salary $163,199 CA March 26, 2024
50th Percentile Banking & Commercial Loan Workout Manager Salary $190,489 CA March 26, 2024
75th Percentile Banking & Commercial Loan Workout Manager Salary $220,160 CA March 26, 2024
90th Percentile Banking & Commercial Loan Workout Manager Salary $247,175 CA March 26, 2024
25% $163,199 10% $138,353 90% $247,175 75% $220,160 $190,489 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 California

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Location Avg. Salary Date Updated
Location Coachella, CA Avg. Salary $182,026 Date Updated March 26, 2024
Location Acampo, CA Avg. Salary $184,617 Date Updated March 26, 2024
Location Acton, CA Avg. Salary $191,180 Date Updated March 26, 2024
Location Adelanto, CA Avg. Salary $181,681 Date Updated March 26, 2024
Location Adin, CA Avg. Salary $177,018 Date Updated March 26, 2024
Location Agoura Hills, CA Avg. Salary $188,416 Date Updated March 26, 2024
Location Aguanga, CA Avg. Salary $182,544 Date Updated March 26, 2024
Location Ahwahnee, CA Avg. Salary $172,010 Date Updated March 26, 2024
Location Alameda, CA Avg. Salary $210,695 Date Updated March 26, 2024
Location Alamo, CA Avg. Salary $210,177 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 California
Banking & Commercial Loan Workout Manager Salary Graph, Regional Distribution and Summary