Home > Salary > Hungary > 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: 12,442,035 HUF
Estimated Monthly Salary: 1,036,836 HUF
Estimated Weekly Salary: 239,270 HUF per week
Estimated Hourly Salary: 5,982 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 998,641 HUF
Estimated Weekly Salary: 230,456 HUF per week
Estimated Hourly Salary: 5,761 HUF per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 32,270 USD
Estimated Monthly Salary: 2,689 USD
Estimated Weekly Salary: 621 USD per week
Estimated Hourly Salary: 16 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: 12,442,035 HUF
Estimated Monthly Salary: 1,036,836 HUF
Estimated Weekly Salary: 239,270 HUF per week
Estimated Hourly Salary: 5,982 HUF per hour
By working as Special Assets Manager a person can save up to 1,929 USD per month or 23,145 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 Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Special Assets Manager
Last revision of data: 2025-01-04
Data as of 2025
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Special Assets Manager salary in Hungary
Average Yearly Salary of Special Assets Manager in Hungary is approximately 12,442,035 HUF (32,270 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: 12,442,035 HUF
Estimated Monthly Salary: 1,036,836 HUF
Estimated Weekly Salary: 239,270 HUF per week
Estimated Hourly Salary: 5,982 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,983,687 HUFEstimated Monthly Salary: 998,641 HUF
Estimated Weekly Salary: 230,456 HUF per week
Estimated Hourly Salary: 5,761 HUF per hour
Last revision of data: 2024-01-06Special Assets Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 32,270 USD
Estimated Monthly Salary: 2,689 USD
Estimated Weekly Salary: 621 USD per week
Estimated Hourly Salary: 16 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
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Special Assets Manager in Hungary earns on average:
1.86 times the average salary (or 186% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Special Assets Manager in Hungary earns on average:
1.86 times the average salary (or 186% 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 13,686,239 HUF and 18,040,951 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Manager in Hungary?
Living in Hungary the approximate monthly expenses are: 760 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: 12,442,035 HUF
Estimated Monthly Salary: 1,036,836 HUF
Estimated Weekly Salary: 239,270 HUF per week
Estimated Hourly Salary: 5,982 HUF per hour
By working as Special Assets Manager a person can save up to 1,929 USD per month or 23,145 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 Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. 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
Austria is 95,402 USD
Slovakia is 37,624 USD
Ukraine is 7,252 USD
Romania is 26,771 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 Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
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4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
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9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Web content editor (7,254,273 HUF per year, pre-tax.)
Logging equipment operator (4,873,325 HUF per year, pre-tax.)
Home health provider (1,946,529 HUF per year, pre-tax.)
Quality checker (9,346,305 HUF per year, pre-tax.)
Claims processorbilling (3,872,111 HUF per year, pre-tax.)
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