Asset Manager in Washington, District of Columbia Salary

The average pay for an Asset Manager in Washington, District of Columbia is $89,243 per year. The highest paying skills associated with this job are Contract Negotiation and Financial Analysis.

$38,783 - $139,107
$39K
$90K
$140K
MEDIAN: $90,000
10%
50%
90%

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$0$165K
Salary $38,783 - $139,107
Bonus $5,087
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,928 - $165,000
  • Country: United States
  • Currency: USD
  • Updated: 9 Nov 2017
  • Individuals Reporting: 15

Job Description for Asset Manager

Asset managers are responsible for the management, procurement, valuation, and disposition of a company's property, data, and documents. These assets may include anything from property to computers to cell phones. Asset managers keep records and create reports related to those assets, and they may work alone or as part of an asset management team.

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Asset Manager Tasks

  • Supervise the development of strategies to increase asset returns.
  • Produce reports and statements detailing the status of current and delinquent loans and determine loan workout plans.
  • Monitor the status of collateral and payments for current loans.
  • Manage a loan portfolio and assist with processing and monitoring complex loans.
  • Collect and attempt to recover maximum value from delinquent loans.

About Washington, District of Columbia

District of Columbia, District of Columbia
672,228
Male:
319,705 (47.6%)
Female:
352,523 (52.4%)
Washington, D.C., formally the District of Columbia and commonly referred to as "Washington", "the District", or simply "D.C.", is the capital of the United States. The signing of the Residence Act on July 16, 1790, approved the creation of a capital district located along the Potomac River on the country's East Coast. The U.S. Constitution provided for a federal district under the exclusive jurisdiction of the Congress and the District is therefore not a part of any state. The states of Maryland and Virginia each donated land to form the federal district, which included the pre-existing settlements of Georgetown and Alexandria. Named in honor of President George Washington, the City of Washington was founded in 1791 to serve as the new national capital. In 1846, Congress returned the land originally ceded by Virginia; in 1871, it created a single municipal government for the remaining portion of the District. Washington had an estimated...
Washington:
$75,628
District of Columbia:
$75,628
$1,417
Washington:
$551,300
District of Columbia:
$551,300
5.0%

Asset Manager Job Listings

Pay by Experience Level for Asset Manager

Pay by Experience for an Asset Manager has a positive trend. An entry-level Asset Manager with less than 5 years of experience can expect to earn an average total compensation of $63,000 based on 8 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Asset Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $80,000 based on 6 salaries. An experienced Asset Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $101,000 based on 6 salaries. An Asset Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $98,000 based on 8 salaries.

Key Stats for Asset Manager

Gender

Female
40 %
Male
60 %
1-4 years
26%
5-9 years
32%
10-19 years
37%
20 years or more
5%

Experience Affects Asset Manager Salaries

Experienced
▲14%

Late-Career
▲11%

National Average
$89,000

Mid-Career
▼10%

Entry-Level
▼29%

Skills That Affect Asset Manager Salaries

Contract Negotiation
▲10%

Financial Analysis
▲9%

Data Analysis
▲5%

Microsoft Excel
▲1%

National Average
$89,000

Inventory Management
▼16%

Microsoft Office
▼36%

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
26%
5-9 years
32%
10-19 years
37%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 80%
vision benefits
Vision: 80%
no benefits
None: 20%