Home > Salary > Sri Lanka > 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: 3,313,672 LKR
Estimated Monthly Salary: 276,139 LKR
Estimated Weekly Salary: 63,724 LKR per week
Estimated Hourly Salary: 1,593 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 266,988 LKR
Estimated Weekly Salary: 61,613 LKR per week
Estimated Hourly Salary: 1,540 LKR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 9,524 USD
Estimated Monthly Salary: 794 USD
Estimated Weekly Salary: 183 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 3,313,672 LKR
Estimated Monthly Salary: 276,139 LKR
Estimated Weekly Salary: 63,724 LKR per week
Estimated Hourly Salary: 1,593 LKR per hour
By working as Special Assets Manager a person can save up to 569 USD per month or 6,831 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 Sri Lanka, see costs of living in Sri Lanka.
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 Sri Lanka
Average Yearly Salary of Special Assets Manager in Sri Lanka is approximately 3,313,672 LKR (9,524 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: 3,313,672 LKR
Estimated Monthly Salary: 276,139 LKR
Estimated Weekly Salary: 63,724 LKR per week
Estimated Hourly Salary: 1,593 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,203,851 LKREstimated Monthly Salary: 266,988 LKR
Estimated Weekly Salary: 61,613 LKR per week
Estimated Hourly Salary: 1,540 LKR per hour
Last revision of data: 2024-01-05Special Assets Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,524 USD
Estimated Monthly Salary: 794 USD
Estimated Weekly Salary: 183 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Special Assets Manager in Sri Lanka earns on average:
1.86 times the average salary (or 186% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Special Assets Manager job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Special Assets Manager in Sri Lanka 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 3,645,039 LKR and 4,804,824 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Special Assets Manager in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 3,313,672 LKR
Estimated Monthly Salary: 276,139 LKR
Estimated Weekly Salary: 63,724 LKR per week
Estimated Hourly Salary: 1,593 LKR per hour
By working as Special Assets Manager a person can save up to 569 USD per month or 6,831 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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
India is 38,178 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Land mobile radio technician (1,763,116 LKR per year, pre-tax.)
Mail services coordinator (1,400,492 LKR per year, pre-tax.)
University chair (1,924,209 LKR per year, pre-tax.)
Trade show manager (2,397,770 LKR per year, pre-tax.)
Chemical plant foreman (1,606,669 LKR per year, pre-tax.)
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