Home > Salary > Oman > 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: 29,560 OMR
Estimated Monthly Salary: 2,463 OMR
Estimated Weekly Salary: 568 OMR per week
Estimated Hourly Salary: 14 OMR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,378 OMR
Estimated Weekly Salary: 549 OMR per week
Estimated Hourly Salary: 14 OMR per hour
Last revision of data: 2024-02-07
Estimated Yearly Salary: 12,358 USD
Estimated Monthly Salary: 1,030 USD
Estimated Weekly Salary: 238 USD per week
Estimated Hourly Salary: 6 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: 29,560 OMR
Estimated Monthly Salary: 2,463 OMR
Estimated Weekly Salary: 568 OMR per week
Estimated Hourly Salary: 14 OMR per hour
By working as Special Assets Officer a person can save up to 164 USD per month or 1,971 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 Oman, see costs of living in Oman.
Estimated Yearly Salary for Special Assets Officer
United Arab Emirates is 67,026 USD 442%
Details on Special Assets Officer salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Special Assets Officer salary in Oman
Average Yearly Salary of Special Assets Officer in Oman is approximately 29,560 OMR (12,358 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: 29,560 OMR
Estimated Monthly Salary: 2,463 OMR
Estimated Weekly Salary: 568 OMR per week
Estimated Hourly Salary: 14 OMR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 28,541 OMREstimated Monthly Salary: 2,378 OMR
Estimated Weekly Salary: 549 OMR per week
Estimated Hourly Salary: 14 OMR per hour
Last revision of data: 2024-02-07Special Assets Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,358 USD
Estimated Monthly Salary: 1,030 USD
Estimated Weekly Salary: 238 USD per week
Estimated Hourly Salary: 6 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
Oman, officially known as the Sultanate of Oman, is a country located in the southeastern coast of the Arabian Peninsula. With a population of around 5 million people, it spans an area of approximately 309,500 square kilometers. Oman is bordered by the United Arab Emirates to the northwest, Saudi Arabia to the west, and Yemen to the southwest.
Estimated national average yearly salary is 8,321 OMR (21,640 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Officer job salary compared to average salary in Oman.
Comparison shows that a person working as Special Assets Officer in Oman earns on average:
3.55 times the average salary (or 355% of average salary).
Estimated national average yearly salary is 8,321 OMR (21,640 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Officer job salary compared to average salary in Oman.
Comparison shows that a person working as Special Assets Officer in Oman earns on average:
3.55 times the average salary (or 355% of average salary).
Is Special Assets Officer a well paid job?
Yes, our data show that Special Assets Officer is a very 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 32,516 OMR and 42,862 OMR. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Officer in Oman?
Living in Oman the approximate monthly expenses are: 866 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: 29,560 OMR
Estimated Monthly Salary: 2,463 OMR
Estimated Weekly Salary: 568 OMR per week
Estimated Hourly Salary: 14 OMR per hour
By working as Special Assets Officer a person can save up to 164 USD per month or 1,971 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 Oman, see costs of living in Oman.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, United Arab Emirates, Yemen. 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
Saudi Arabia is 37,666 USDUnited Arab Emirates is 67,026 USD 442%Details on Special Assets Officer salary in United Arab Emirates
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 Oman
(225,004 OMR per year, pre-tax.)
2. Cardiologist
(187,817 OMR per year, pre-tax.)
(181,259 OMR per year, pre-tax.)
4. Neurosurgeon
(176,098 OMR per year, pre-tax.)
(175,311 OMR per year, pre-tax.)
(172,262 OMR per year, pre-tax.)
7. Urologist
(172,070 OMR per year, pre-tax.)
(171,963 OMR per year, pre-tax.)
9. Oncologist
(171,687 OMR per year, pre-tax.)
(171,274 OMR per year, pre-tax.)
Data as of 2025Random salary:
Toolmaker (22,219 OMR per year, pre-tax.)
Commissioning manager (33,477 OMR per year, pre-tax.)
Janitor or cleaner (but not maid or housekeeping cleaner) (10,744 OMR per year, pre-tax.)
Ophthalmic biometrist (12,209 OMR per year, pre-tax.)
Back-end web developer (26,439 OMR per year, pre-tax.)
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