The average pay for a Senior Asset Manager is $43.00 per hour.
|Salary||$59,036 - $131,114|
|Bonus||$2,383 - $30,454|
|Profit Sharing||$0.00 - $14,795|
|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).)
|$64,104 - $153,672|
Job Description for Senior Asset Manager
A senior asset manager manages and maintains everything of value for an entity or group; this includes physical assets such as buildings and intangible assets such as intellectual property. Physical assets may be owned, leased, or subleased by the company.Read More...
Asset managers are responsible for determining the feasibility of asset acquisition and presenting supporting documentation to upper management or board members. Industries which employe these managers include financial, IT, real estate, infrastructure, transportation, and health management.
Duties of asset managers include balancing of costs, risks, and opportunities against the desired performance of assets and implementing, negotiating, and monitoring asset management programs. They also prepare reports and performance analyses for loan deficiencies and revenue losses.
Asset managers must be able to communicate well with clients, co-workers, and upper management. Proficient mathematical and verbal skills, as well as organizational and speaking skills, are also necessary. Proficiency with computers and software systems is generally required.
Asset managers commonly have a financial background and must have the ability to be self-regulated and work independently. Applicants should have a minimum of a high school diploma or equivalent, while most have a bachelor's degree in accounting, business, or finance. Advanced graduate degrees are preferred, but not required.
The general working environment of an asset manager is within the offices of his/her company, and co-workers include middle and upper-management, board members, secretaries, managing directors, and property managers. These managers can expect to work traditional weekly business hours. (Copyright 2019 PayScale.com)
- Recommend strategies for maximizing the value and returns for assets held by a company.
- Supervise the development of strategies to increase asset returns.
- Organize paperwork and processes required to buy, sell, or modify assets.
- Write reports on property asset statistics for senior management.
Senior Asset Manager Job Listings
Pay by Experience Level for Senior Asset Manager
Pay by Experience for a Senior Asset Manager has a positive trend. An entry-level Senior Asset Manager with less than 5 years of experience can expect to earn an average total compensation of $84,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior 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 $93,000 based on 38 salaries. An experienced Senior Asset Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $95,000 based on 47 salaries. A Senior 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 $118,000 based on 18 salaries.
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Key Stats for Senior Asset Manager
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