Home > Salary > Kuwait > 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: 68,308 KWD
Estimated Monthly Salary: 5,692 KWD
Estimated Weekly Salary: 1,314 KWD per week
Estimated Hourly Salary: 33 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,486 KWD
Estimated Weekly Salary: 1,266 KWD per week
Estimated Hourly Salary: 32 KWD per hour
Last revision of data: 2024-02-02
Estimated Yearly Salary: 22,823 USD
Estimated Monthly Salary: 1,902 USD
Estimated Weekly Salary: 439 USD per week
Estimated Hourly Salary: 11 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: 68,308 KWD
Estimated Monthly Salary: 5,692 KWD
Estimated Weekly Salary: 1,314 KWD per week
Estimated Hourly Salary: 33 KWD per hour
By working as Special Assets Manager a person can save up to 302 USD per month or 3,623 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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Special Assets Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Shipping coordinator (27,966 KWD per year, pre-tax.)
Apple genius (36,168 KWD per year, pre-tax.)
Real estate project coordinator (34,216 KWD per year, pre-tax.)
Training development manager (62,363 KWD per year, pre-tax.)
Business continuity and business planning analyst (50,140 KWD per year, pre-tax.)
Special Assets Manager salary in Kuwait
Average Yearly Salary of Special Assets Manager in Kuwait is approximately 68,308 KWD (22,823 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: 68,308 KWD
Estimated Monthly Salary: 5,692 KWD
Estimated Weekly Salary: 1,314 KWD per week
Estimated Hourly Salary: 33 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 65,836 KWDEstimated Monthly Salary: 5,486 KWD
Estimated Weekly Salary: 1,266 KWD per week
Estimated Hourly Salary: 32 KWD per hour
Last revision of data: 2024-02-02Special Assets Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,823 USD
Estimated Monthly Salary: 1,902 USD
Estimated Weekly Salary: 439 USD per week
Estimated Hourly Salary: 11 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Kuwait.
Comparison shows that a person working as Special Assets Manager in Kuwait earns on average:
5.55 times the average salary (or 555% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Kuwait.
Comparison shows that a person working as Special Assets Manager in Kuwait earns on average:
5.55 times the average salary (or 555% of average salary).
Is Special Assets Manager a well paid job?
Yes, our data shows that Special Assets Manager is an extremely 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 75,139 KWD and 99,047 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Manager in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 68,308 KWD
Estimated Monthly Salary: 5,692 KWD
Estimated Weekly Salary: 1,314 KWD per week
Estimated Hourly Salary: 33 KWD per hour
By working as Special Assets Manager a person can save up to 302 USD per month or 3,623 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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. 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
Saudi Arabia is 47,003 USD
Iraq is 10,228 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Shipping coordinator (27,966 KWD per year, pre-tax.)
Apple genius (36,168 KWD per year, pre-tax.)
Real estate project coordinator (34,216 KWD per year, pre-tax.)
Training development manager (62,363 KWD per year, pre-tax.)
Business continuity and business planning analyst (50,140 KWD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=kuwait&job=special-assets-manager'><img src='https://optisalary.com/wp-content/graphs/salary/special-assets-manager-salary-in-kuwait-2025.jpg' alt='special assets manager salary in kuwait 2025' title='special assets manager salary in kuwait 2025' /></a>
Please note:Salary data displayed on this site is informational exclusively.
This website compiles salary data for reference use only. While we strive to deliver correct estimates, we do not ensure their full precision. Users are highly encouraged to check with additional databases before making financial plans. Salary figures vary based on multiple conditions, such as industry trends, negotiation power, and regional demand. We make no guarantees as to the correctness of the listed information. Your access of this site indicates acceptance of this notice.
All salary data on optisalary.com are for reference purposes exclusively. We gather data from various trusted databases, yet do not guarantee complete accuracy. Before making career choices, visitors should cross-check with additional authoritative sources. Salaries change due to several factors, including negotiation skills, industry demand, and experience levels. We deny any liability for misrepresentations in the salary estimates provided here. Your use with optisalary.com constitutes acceptance of this policy.