Special Assets Officer salary in Luxembourg

Average Yearly Salary of Special Assets Officer in Luxembourg is approximately 124,905 EUR (124,093 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

How much does Special Assets Officer make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

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 137,396 EUR and 181,112 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Special Assets Officer in Luxembourg?

Living in Luxembourg the approximate monthly expenses are: 3,648 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: 124,905 EUR
Estimated Monthly Salary: 10,409 EUR
Estimated Weekly Salary: 2,402 EUR per week
Estimated Hourly Salary: 60 EUR per hour
By working as Special Assets Officer a person can save up to 6,693 USD per month or 80,317 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 Luxembourg, see costs of living in Luxembourg.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Belgium, Germany, France.
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: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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