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Director Special Assets Manager Jobs (NOW HIRING)

Dacotah Banks

Special Assets Manager

Sioux Falls, SD · On-site

Makes decisions on special asset credits within established lending limits or makes recommendations ... Performs other responsibilities as directed by management. Education & Experience * Bachelor ...

Dacotah Bank

Special Assets Manager

Aberdeen, SD · On-site

Makes decisions on special asset credits within established lending limits or makes recommendations ... Performs other responsibilities as directed by management. Education & Experience * Bachelor ...

Theuniversityunion

Special Assets Manager

Tallahassee, FL · On-site

$57 - $65/hr

Job Category Manager * Employee Type FT Exempt Description Florida Housing Finance Corporation is recruiting for a business professional to join our team as a Special Assets Manager . This position ...

New

Dacotah Banks

Special Assets Manager

Fargo, ND · On-site

Makes decisions on special asset credits within established lending limits or makes recommendations ... Performs other responsibilities as directed by management. Education & Experience * Bachelor ...

Dacotah Banks

Special Assets Manager

Jamestown, ND · On-site

Makes decisions on special asset credits within established lending limits or makes recommendations ... Performs other responsibilities as directed by management. Education & Experience * Bachelor ...

Dacotah Banks

Special Assets Manager

Aberdeen, SD · On-site

Makes decisions on special asset credits within established lending limits or makes recommendations ... Performs other responsibilities as directed by management. Education & Experience * Bachelor ...

Builders Capital

RTL Special Assets Manager

Cleveland, OH · On-site

$90 - $130/hr

As an RTL Special Assets Manager, you will play a key role in managing and resolving non‑performing and high‑risk residential bridge and fix‑and‑flip loans. You will work closely with senior ...

Exchange Bank

Special Assets Officer

Santa Rosa, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to ... Manage all aspects of large, more complex loans within an assigned portfolio including the ...

Exchange Bank

Special Assets Officer

Roseville, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to ... Manage all aspects of large, more complex loans within an assigned portfolio including the ...

Exchange Bank

Special Assets Officer

Roseville, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to ... Manage all aspects of large, more complex loans within an assigned portfolio including the ...

Busey

Special Assets Officer

Roy, NM · On-site

$103K - $134K/yr

Position Summary The Special Assets Officer is responsible for managing and monitoring a portfolio ... Requires 3+ years of direct special assets experience. * Pursuant to the Secure and Fair ...

Busey Bank

Special Assets Officer

Champaign, IL · On-site

$103 - $134/hr

Position Summary The Special Assets Officer is responsible for managing and monitoring a portfolio ... Requires 3+ years of direct special assets experience. Pursuant to the Secure and Fair Enforcement ...

Busey

Special Assets Officer

Leawood, KS · On-site

$103K - $134K/yr

Position Summary The Special Assets Officer is responsible for managing and monitoring a portfolio ... Requires 3+ years of direct special assets experience. * Pursuant to the Secure and Fair ...

Busey

Special Assets Officer

Dallas, TX · On-site

$103K - $134K/yr

Position Summary The Special Assets Officer is responsible for managing and monitoring a portfolio ... Requires 3+ years of direct special assets experience. * Pursuant to the Secure and Fair ...

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Director Special Assets Manager information

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$49K

$102.7K

$146K

How much do director special assets manager jobs pay per year?

As of Sep 5, 2026, the average yearly pay for director special assets manager in the United States is $102,692.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,000.00 and $121,500.00 per year, depending on experience, location, and employer.

What is the difference between Director Special Assets Manager vs Loan Workout Manager?

AspectDirector Special Assets ManagerLoan Workout Manager
CredentialsTypically requires a bachelor's degree in finance, accounting, or related field; often advanced certifications like CFA or CPASimilar educational background; certifications like CFA or CPA are common
Work EnvironmentWorks within financial institutions managing distressed assets and portfoliosWorks in banks or lending institutions focusing on resolving troubled loans
Industry UsageCommonly used in banking, finance, and asset management sectorsPrimarily used in banking and lending industries
Primary FocusManaging and resolving distressed assets and loan portfoliosNegotiating and restructuring troubled loans to minimize losses

The main difference is that the Director Special Assets Manager oversees a broader portfolio of distressed assets, while the Loan Workout Manager focuses specifically on restructuring individual troubled loans. Both roles require similar credentials and work in comparable environments, but their scope and responsibilities differ.

More about Director Special Assets Manager jobs

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Director Special Assets Manager jobs near you
Infographic showing various Director Special Assets Manager job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $102,692 per year, or $49.4 per hour.

Special Assets Manager

Dacotah Banks

Sioux Falls, SD • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 22 days ago

Job description

Job Summary
Manages a diverse portfolio of business and agricultural loans that require special attention.  Makes decisions on special asset credits within established lending limits or makes recommendations to the EVP – Chief Credit Officer or Central Credit Committee.  Works as a consultant with all business and agricultural lenders and assists them in terms of managing credits that are faced with some form of difficulty. Assists with the management, servicing and liquidation of the Bank’s OREO assets.  Assists all lenders in the repossession and liquidation of personal property.  Adheres to all loan policies with specific emphasis as to the Problem Loan/Workout Policy, OREO Policy, and loan delinquency, collection, and repossession of personal property procedures.

Essential Functions
Employees must be able to perform the essential functions of this position satisfactorily or make a request for reasonable accommodation as needed.

  • Manages a portfolio of business and agricultural loans identified as “work with”, “work down”, or “work out” credits.  Reviews the files and develops an appropriate “work with” or exit strategy.
  • Upon transfer of a loan to Special Assets, meets and communicates with customer on a regular basis, monitors financial performance, establishes action plans to correct issues, monitors collateral, and provides continual updates to bank management. 
  • Develop and implement strategies to recover principal from borrowers whose non-performing loan(s) have been charged off.
  • Assists the bank’s OREO assets, including the sale thereof.
  • Is a consultant to lenders in the repossession and liquidation of personal property.
  • Assists the Credit Administration department with the creation and revision of loan policies specific to special assets, OREO, and personal property repossession.
  • Works closely with internal and external legal counsel in terms of handling special assets and OREO, with adherence to laws and regulations as a top priority.
  • Acts on behalf of the bank in terms of minimizing loss and maximizing collection efforts
  • Integrated with the Bank’s Quarterly Asset Review meetings where all Problem Loans are discussed in detail.
  • Depending on experience, maybe a voting member of the Bank’s Central Credit Committee.

Other Functions

  • Completes required training sessions.
  • Monitors weekly overdraft report and past due report.
  • Completes special projects as assigned.
  • Performs other responsibilities as directed by management.

Education & Experience

  • Bachelor’s degree in Banking, Finance or Accounting or ten years or more of collection management, or related banking experience and/or training or equivalent combination of education and experience.
  • Strong knowledge of Ag, Commercial, Commercial Real Estate, and SBA & FSA lending processes and regulations. Strong knowledge of credit underwriting.
  • Strong written and verbal communication skills. Strong negotiation skills. Ability to establish and maintain interpersonal relationships.
  • Ability to write reports and business correspondence. Strong skill set in the use of computer software applications. Solid understanding of collateral and loan documentation.
  • Effective time management and organizational skills.
  • Must be able to work flexible hours and position will require some travel.

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

  • Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
  • Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
  • Health Savings Account
  • Life Insurance for the employee and family
  • Paid Vacation and Sick Time
  • Retirement Plan Options
  • Additional Perks and Benefits

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