$59,694
Avg. Salary
$17.54
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$2,528

Profit Sharing

$3,850

The average pay for a Special Assets Officer is $17.54 per hour.

The average pay for a Special Assets Officer is $59,694 per year.

$0
10%
$18
50%
$0
90%
MEDIAN $18
$33k
10%
$60k
50%
$74k
90%
MEDIAN $59,694
$33,221 - $74,497
$33K
$60K
$74K
MEDIAN: $59,694
10%
50%
90%

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$0$75K
Salary $33,221 - $74,497
Bonus $1,007 - $14,899
Profit Sharing $3,850
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).
)
$34,236 - $75,000
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2018
  • Individuals Reporting: 20

Job Description for Special Assets Officer

Special assets officers are in charge of managing and allocating loans for their organization. They write specific loan terms and renegotiate them as needed, as well as process large amounts of financial and loan information to find and correct possible contract errors. These officers also write detailed reports and report their progress to the credit administrator in their department. In all tasks, special assets officers must follow financial and privacy procedures; they also need to provide excellent service to clients and strive to increase customer loyalty.

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Special Assets Officer Tasks

  • Manage a portfolio of assets and loans and identify areas that require exit strategies.
  • Negotiate and handle problem loans and short sales.
  • Manage bankruptcy and foreclosure processes to regain assets.
  • Evaluate and recommend tactics for recovery of investments in formal reports.

Special Assets Officer Job Listings

Key Stats for Special Assets Officer

Gender

Female
36 %
Male
64 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.
Less than 1 year
8%
1-4 years
54%
5-9 years
38%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.

Gender

Female
36 %
Male
64 %

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 79%
vision benefits
Vision: 84%
no benefits
None: 5%