Home > Salary > South Africa > 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: 231,856 ZAR
Estimated Monthly Salary: 19,321 ZAR
Estimated Weekly Salary: 4,459 ZAR per week
Estimated Hourly Salary: 111 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,598 ZAR
Estimated Weekly Salary: 4,292 ZAR per week
Estimated Hourly Salary: 107 ZAR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 11,570 USD
Estimated Monthly Salary: 964 USD
Estimated Weekly Salary: 223 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: 231,856 ZAR
Estimated Monthly Salary: 19,321 ZAR
Estimated Weekly Salary: 4,459 ZAR per week
Estimated Hourly Salary: 111 ZAR per hour
By working as Special Assets Manager a person can save up to 693 USD per month or 8,316 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 South Africa, see costs of living in South Africa.
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 South Africa
Average Yearly Salary of Special Assets Manager in South Africa is approximately 231,856 ZAR (11,570 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: 231,856 ZAR
Estimated Monthly Salary: 19,321 ZAR
Estimated Weekly Salary: 4,459 ZAR per week
Estimated Hourly Salary: 111 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 223,180 ZAREstimated Monthly Salary: 18,598 ZAR
Estimated Weekly Salary: 4,292 ZAR per week
Estimated Hourly Salary: 107 ZAR per hour
Last revision of data: 2024-01-09Special Assets Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,570 USD
Estimated Monthly Salary: 964 USD
Estimated Weekly Salary: 223 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
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Special Assets Manager in South Africa earns on average:
1.83 times the average salary (or 183% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Special Assets Manager in South Africa earns on average:
1.83 times the average salary (or 183% 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 255,042 ZAR and 336,191 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Manager in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 231,856 ZAR
Estimated Monthly Salary: 19,321 ZAR
Estimated Weekly Salary: 4,459 ZAR per week
Estimated Hourly Salary: 111 ZAR per hour
By working as Special Assets Manager a person can save up to 693 USD per month or 8,316 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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
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 South Africa
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Data as of 2025Random salary:
Panel builder (85,720 ZAR per year, pre-tax.)
Account receivable representative (74,041 ZAR per year, pre-tax.)
Nutritional services director (138,940 ZAR per year, pre-tax.)
Senior medical billing specialist (92,670 ZAR per year, pre-tax.)
Front office supervisor medical office (97,560 ZAR per year, pre-tax.)
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