Home > Salary > Ethiopia > Special Assets Manager
A Special Assets Manager is responsible for managing and overseeing the recovery of distressed assets, such as non-performing loans, troubled real estate properties, or delinquent accounts. They work in financial institutions, investment firms, or loan servicing companies. Their main objective is to minimize losses and maximize recoveries by implementing strategies that may include restructuring debt, negotiating settlements, or initiating legal actions.
The role of a Special Assets Manager involves conducting thorough analysis of the assets, assessing their value, and developing action plans to mitigate risks. They collaborate with internal teams, external agencies, and legal professionals to execute these plans effectively. Strong communication and negotiation skills are crucial in this occupation, as they often interact with borrowers, investors, and other stakeholders.
Estimated Yearly Salary: 196,838 ETB
Estimated Monthly Salary: 16,403 ETB
Estimated Weekly Salary: 3,785 ETB per week
Estimated Hourly Salary: 95 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,800 ETB
Estimated Weekly Salary: 3,646 ETB per week
Estimated Hourly Salary: 91 ETB per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 3,278 USD
Estimated Monthly Salary: 273 USD
Estimated Weekly Salary: 63 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 196,838 ETB
Estimated Monthly Salary: 16,403 ETB
Estimated Weekly Salary: 3,785 ETB per week
Estimated Hourly Salary: 95 ETB per hour
By working as Special Assets Manager a person can save up to 196 USD per month or 2,356 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Special Assets Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Budget accountant (183,300 ETB per year, pre-tax.)
Travel consultant (83,132 ETB per year, pre-tax.)
Trade show supervisor (85,798 ETB per year, pre-tax.)
Pastoral assistant (82,860 ETB per year, pre-tax.)
Production control manager (122,700 ETB per year, pre-tax.)
Special Assets Manager salary in Ethiopia
Average Yearly Salary of Special Assets Manager in Ethiopia is approximately 196,838 ETB (3,278 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 Manager do?
A Special Assets Manager is responsible for managing and overseeing the recovery of distressed assets, such as non-performing loans, troubled real estate properties, or delinquent accounts. They work in financial institutions, investment firms, or loan servicing companies. Their main objective is to minimize losses and maximize recoveries by implementing strategies that may include restructuring debt, negotiating settlements, or initiating legal actions.
The role of a Special Assets Manager involves conducting thorough analysis of the assets, assessing their value, and developing action plans to mitigate risks. They collaborate with internal teams, external agencies, and legal professionals to execute these plans effectively. Strong communication and negotiation skills are crucial in this occupation, as they often interact with borrowers, investors, and other stakeholders.
Skills: Special Assets Manager, Distressed Assets, Non-performing Loans, Troubled Real Estate, Debt Restructuring, Risk Mitigation.
Job industry: Banking
Job industry: Banking
How much does Special Assets Manager make?
Salary details
How much does Special Assets Manager make?Estimated Yearly Salary: 196,838 ETB
Estimated Monthly Salary: 16,403 ETB
Estimated Weekly Salary: 3,785 ETB per week
Estimated Hourly Salary: 95 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 189,600 ETBEstimated Monthly Salary: 15,800 ETB
Estimated Weekly Salary: 3,646 ETB per week
Estimated Hourly Salary: 91 ETB per hour
Last revision of data: 2024-01-07Special Assets Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,278 USD
Estimated Monthly Salary: 273 USD
Estimated Weekly Salary: 63 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Compare salary to other countries
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Special Assets Manager in Ethiopia earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Special Assets Manager in Ethiopia earns on average:
1.87 times the average salary (or 187% of average salary).
Is Special Assets Manager a well paid job?
Yes, our data shows that Special Assets Manager 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 Manager?
High salary for Special Assets Manager would be somewhere between 216,522 ETB and 285,415 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 196,838 ETB
Estimated Monthly Salary: 16,403 ETB
Estimated Weekly Salary: 3,785 ETB per week
Estimated Hourly Salary: 95 ETB per hour
By working as Special Assets Manager a person can save up to 196 USD per month or 2,356 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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 Manager
Sudan is 1,290 USD
Kenya is 10,229 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Budget accountant (183,300 ETB per year, pre-tax.)
Travel consultant (83,132 ETB per year, pre-tax.)
Trade show supervisor (85,798 ETB per year, pre-tax.)
Pastoral assistant (82,860 ETB per year, pre-tax.)
Production control manager (122,700 ETB per year, pre-tax.)
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