Home > Salary > Ghana > 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: 57,404 GHS
Estimated Monthly Salary: 4,784 GHS
Estimated Weekly Salary: 1,104 GHS per week
Estimated Hourly Salary: 28 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 4,616 GHS
Estimated Weekly Salary: 1,065 GHS per week
Estimated Hourly Salary: 27 GHS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 4,794 USD
Estimated Monthly Salary: 400 USD
Estimated Weekly Salary: 92 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: 57,404 GHS
Estimated Monthly Salary: 4,784 GHS
Estimated Weekly Salary: 1,104 GHS per week
Estimated Hourly Salary: 28 GHS per hour
By working as Special Assets Officer a person can save up to 260 USD per month or 3,114 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 Ghana, see costs of living in Ghana.
Estimated Yearly Salary for Special Assets Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior purchasing manager (88,869 GHS per year, pre-tax.)
Education paraprofessional (21,516 GHS per year, pre-tax.)
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Bank protection officer (22,210 GHS per year, pre-tax.)
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Special Assets Officer salary in Ghana
Average Yearly Salary of Special Assets Officer in Ghana is approximately 57,404 GHS (4,794 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: 57,404 GHS
Estimated Monthly Salary: 4,784 GHS
Estimated Weekly Salary: 1,104 GHS per week
Estimated Hourly Salary: 28 GHS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 55,392 GHSEstimated Monthly Salary: 4,616 GHS
Estimated Weekly Salary: 1,065 GHS per week
Estimated Hourly Salary: 27 GHS per hour
Last revision of data: 2024-01-08Special Assets Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,794 USD
Estimated Monthly Salary: 400 USD
Estimated Weekly Salary: 92 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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Country:
Salary comparison to National average
Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Officer job salary compared to average salary in Ghana.
Comparison shows that a person working as Special Assets Officer in Ghana earns on average:
1.46 times the average salary (or 146% of average salary).
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Officer job salary compared to average salary in Ghana.
Comparison shows that a person working as Special Assets Officer in Ghana earns on average:
1.46 times the average salary (or 146% 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 63,144 GHS and 83,236 GHS. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Officer in Ghana?
Living in Ghana the approximate monthly expenses are: 140 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: 57,404 GHS
Estimated Monthly Salary: 4,784 GHS
Estimated Weekly Salary: 1,104 GHS per week
Estimated Hourly Salary: 28 GHS per hour
By working as Special Assets Officer a person can save up to 260 USD per month or 3,114 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 Ghana, see costs of living in Ghana.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo.. 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
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 Ghana
(439,471 GHS per year, pre-tax.)
2. Cardiologist
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
5. Neurosurgeon
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
7. Urologist
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
10. Oncologist
(332,700 GHS per year, pre-tax.)
Data as of 2025Random salary:
Senior purchasing manager (88,869 GHS per year, pre-tax.)
Education paraprofessional (21,516 GHS per year, pre-tax.)
Computer aided design (cad), engineer (43,512 GHS per year, pre-tax.)
Bank protection officer (22,210 GHS per year, pre-tax.)
Infant toddler babysitter (13,855 GHS per year, pre-tax.)
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