Home > Salary > Australia > Special Assets Officer
A Special Assets Officer is responsible for managing and mitigating the risks associated with non-performing loans and distressed assets within a financial institution. They work closely with borrowers who are experiencing financial difficulties and develop strategies to minimize losses and maximize recoveries. The officer conducts thorough analysis of loan portfolios, assesses collateral values, and negotiates repayment plans or loan modifications. They also collaborate with legal teams to initiate foreclosure proceedings or pursue legal actions when necessary.
Estimated Yearly Salary: 164,726 AUD
Estimated Monthly Salary: 13,727 AUD
Estimated Weekly Salary: 3,168 AUD per week
Estimated Hourly Salary: 79 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,284 AUD
Estimated Weekly Salary: 3,065 AUD per week
Estimated Hourly Salary: 77 AUD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 82,698 USD
Estimated Monthly Salary: 6,892 USD
Estimated Weekly Salary: 1,590 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 164,726 AUD
Estimated Monthly Salary: 13,727 AUD
Estimated Weekly Salary: 3,168 AUD per week
Estimated Hourly Salary: 79 AUD per hour
By working as Special Assets Officer a person can save up to 4,474 USD per month or 53,692 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Special Assets Officer
Last revision of data: 2025-01-04
Data as of 2025
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Special Assets Officer salary in Australia
Average Yearly Salary of Special Assets Officer in Australia is approximately 164,726 AUD (82,698 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Special Assets Officer do?
A Special Assets Officer is responsible for managing and mitigating the risks associated with non-performing loans and distressed assets within a financial institution. They work closely with borrowers who are experiencing financial difficulties and develop strategies to minimize losses and maximize recoveries. The officer conducts thorough analysis of loan portfolios, assesses collateral values, and negotiates repayment plans or loan modifications. They also collaborate with legal teams to initiate foreclosure proceedings or pursue legal actions when necessary.
Skills: Special Assets Officer, Risk Management, Non-performing Loans, Distressed Assets, Loan Portfolio Analysis, Collateral Valuation, Loan Modification, Foreclosure Proceedings
Job industry: Banking
Job industry: Banking
How much does Special Assets Officer make?
Salary details
How much does Special Assets Officer make?Estimated Yearly Salary: 164,726 AUD
Estimated Monthly Salary: 13,727 AUD
Estimated Weekly Salary: 3,168 AUD per week
Estimated Hourly Salary: 79 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 159,402 AUDEstimated Monthly Salary: 13,284 AUD
Estimated Weekly Salary: 3,065 AUD per week
Estimated Hourly Salary: 77 AUD per hour
Last revision of data: 2024-01-06Special Assets Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 82,698 USD
Estimated Monthly Salary: 6,892 USD
Estimated Weekly Salary: 1,590 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Officer job salary compared to average salary in Australia.
Comparison shows that a person working as Special Assets Officer in Australia earns on average:
1.96 times the average salary (or 196% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Officer job salary compared to average salary in Australia.
Comparison shows that a person working as Special Assets Officer in Australia earns on average:
1.96 times the average salary (or 196% of average salary).
Is Special Assets Officer a well paid job?
Yes, our data shows that Special Assets Officer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Special Assets Officer?
High salary for Special Assets Officer would be somewhere between 181,199 AUD and 238,853 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Officer in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 164,726 AUD
Estimated Monthly Salary: 13,727 AUD
Estimated Weekly Salary: 3,168 AUD per week
Estimated Hourly Salary: 79 AUD per hour
By working as Special Assets Officer a person can save up to 4,474 USD per month or 53,692 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Special Assets Officer
Indonesia is 14,473 USD
East Timor is 61,310 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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Data as of 2025Random salary:
Medicinal chemist (124,215 AUD per year, pre-tax.)
Social media campaign manager (66,199 AUD per year, pre-tax.)
Outpatient surgical coder (73,236 AUD per year, pre-tax.)
Dining room attendant (47,426 AUD per year, pre-tax.)
Public relations specialist (95,964 AUD per year, pre-tax.)
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