Home > Salary > Ethiopia > 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: 156,992 ETB
Estimated Monthly Salary: 13,083 ETB
Estimated Weekly Salary: 3,019 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,660 ETB
Estimated Weekly Salary: 2,922 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 2,613 USD
Estimated Monthly Salary: 218 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 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.
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Estimated Yearly Salary: 156,992 ETB
Estimated Monthly Salary: 13,083 ETB
Estimated Weekly Salary: 3,019 ETB per week
Estimated Hourly Salary: 75 ETB per hour
By working as Special Assets Officer a person can save up to 141 USD per month or 1,691 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 Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Financial planning analyst (150,326 ETB per year, pre-tax.)
Cabinetmaker foreman (70,647 ETB per year, pre-tax.)
Hr account manager (94,694 ETB per year, pre-tax.)
Audiometric technician (69,060 ETB per year, pre-tax.)
Chief administrative officer (220,954 ETB per year, pre-tax.)
Special Assets Officer salary in Ethiopia
Average Yearly Salary of Special Assets Officer in Ethiopia is approximately 156,992 ETB (2,613 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: 156,992 ETB
Estimated Monthly Salary: 13,083 ETB
Estimated Weekly Salary: 3,019 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 151,920 ETBEstimated Monthly Salary: 12,660 ETB
Estimated Weekly Salary: 2,922 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Last revision of data: 2024-01-09Special Assets Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,613 USD
Estimated Monthly Salary: 218 USD
Estimated Weekly Salary: 50 USD per week
Estimated Hourly Salary: 1 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
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 Officer job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Special Assets Officer in Ethiopia earns on average:
1.49 times the average salary (or 149% 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 Officer job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Special Assets Officer in Ethiopia earns on average:
1.49 times the average salary (or 149% 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 172,691 ETB and 227,638 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Officer 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: 156,992 ETB
Estimated Monthly Salary: 13,083 ETB
Estimated Weekly Salary: 3,019 ETB per week
Estimated Hourly Salary: 75 ETB per hour
By working as Special Assets Officer a person can save up to 141 USD per month or 1,691 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 Officer
Sudan is 1,039 USD
Kenya is 8,183 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:
Financial planning analyst (150,326 ETB per year, pre-tax.)
Cabinetmaker foreman (70,647 ETB per year, pre-tax.)
Hr account manager (94,694 ETB per year, pre-tax.)
Audiometric technician (69,060 ETB per year, pre-tax.)
Chief administrative officer (220,954 ETB per year, pre-tax.)
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