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Distressed Asset Jobs (NOW HIRING)

The Community Preservation Corporation

NY · On-site

$95 - $110/hr

The Community Preservation Corporation is seeking a Senior Asset Manager to oversee and resolve a portfolio of high-risk multifamily loans. This hybrid role involves managing distressed assets ...

The Community Preservation Corporation

NY · On-site

$95 - $110/hr

This role independently manages complex distressed assets, develops workout recommendations, and ... The Senior Asset Manager also provides guidance to Asset Managers and Analysts, supporting ...

The Armor Group

Corporate Counsel

Mason, OH · On-site

Developing creative solutions for distressed asset acquisitions * Creating and reviewing all contracts and legally binding documents regarding employees, customers, vendors, and acquisition ...

Lendistry, LLC.

Asset Manager

Tustin, CA · On-site

$85 - $115/hr

The Asset Manager must have experience managing a broad range of distressed assets, including commercial and industrial loans, commercial real estate loans, SBA 7(a) and SBA 504, lines of credit ...

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How much do distressed asset jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for distressed asset in the United States is $20.94, according to ZipRecruiter salary data. Most workers in this role earn between $15.87 and $21.15 per hour, depending on experience, location, and employer.

What is a distressed asset?

Distressed assets are properties, securities, or companies that are under financial stress and are often being sold at a significantly reduced price. This may be due to bankruptcy, foreclosure, or other financial difficulties. Investors often seek out distressed assets because they can represent opportunities for high returns if the assets can be rehabilitated or sold after the market improves. However, investing in distressed assets also comes with higher risks, including legal and financial complications. Proper due diligence is essential before purchasing or investing in these types of assets.

What skills and qualifications are needed to work with distressed assets?

To thrive as a Distressed Asset Manager, you need expertise in financial analysis, asset valuation, and restructuring strategies, typically supported by a background in finance, accounting, or law. Familiarity with financial modeling tools, bankruptcy law, and asset management software is essential. Strong negotiation, problem-solving, and communication skills help professionals navigate complex stakeholder relationships and high-pressure situations. These skills are critical for maximizing asset recovery, minimizing losses, and efficiently managing turnaround processes.

What challenges do professionals working with distressed assets face, and how can they be addressed?

Professionals handling distressed assets often encounter challenges such as complex financial restructuring, navigating legal proceedings, and working with multiple stakeholders who may have competing interests. Addressing these challenges requires strong analytical skills, effective negotiation abilities, and a solid understanding of insolvency laws and market conditions. Collaborating closely with legal, financial, and operational teams is essential to develop strategic solutions that maximize asset value and minimize losses.

What is the difference between Distressed Asset vs Loan Analyst?

AspectDistressed AssetLoan Analyst
Required CredentialsFinancial analysis, valuation, and sometimes certifications like CFAFinancial analysis, credit analysis, and often a degree in finance or related field
Work EnvironmentAsset management firms, banks, or distressed debt investorsBanks, lending institutions, or financial services firms
Industry UsageHandling distressed or non-performing assetsAssessing loan applications and creditworthiness
Comparison FocusManaging distressed assetsEvaluating loan risks and approvals

While both roles involve financial analysis, a Distressed Asset professional focuses on managing and valuing distressed or non-performing assets, often in investment or asset management contexts. A Loan Analyst primarily assesses creditworthiness and risk for loan approval. Understanding these differences helps clarify career paths and employer expectations in the financial industry.

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Distressed Asset jobs near you
Infographic showing various Distressed Asset job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 84% Full Time, 13% Part Time, 1% Temporary, and 1% Contract. Highlights an 89% Physical, 5% Hybrid, and 6% Remote job distribution, with an average salary of $43,555 per year, or $20.9 per hour.

Senior Distressed Asset Manager Multifamily Loans (Hybrid)

The Community Preservation Corporation

NY • On-site

$95 - $110/hr

Other

This job post has expired today. Applications are no longer accepted.

Job description

The Community Preservation Corporation is seeking a Senior Asset Manager to oversee and resolve a portfolio of high-risk multifamily loans. This hybrid role involves managing distressed assets, developing workout strategies, and collaborating with legal teams to support restructuring efforts.

The ideal candidate will have a Bachelor's degree and 5-7+ years in multifamily asset management, demonstrating strong financial analysis skills. The salary range is $95,000 – $110,000, depending on experience, and the role requires working from the office in Chappaqua two to three days a week.

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