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Distressed Asset Jobs (NOW HIRING)

MRISpokane

Special Assets Manager

Dallas, TX

... distressed assets. This is an excellent opportunity for a seasoned banking professional with a strong background in loan workouts, special assets, and credit risk management who enjoys solving ...

Walkerdunlop

Affordable Asset Manager

Calabasas, CA · Hybrid

Provide refinancing, disposition, acquisition, restructuring, and workout support for distressed assets. * Evaluate economic and demographic trends and assess their impact on portfolio performance.

Walkerdunlop

Affordable Asset Manager

Denver, CO · Hybrid

Provide refinancing, disposition, acquisition, restructuring, and workout support for distressed assets. * Evaluate economic and demographic trends and assess their impact on portfolio performance.

Walkerdunlop

Affordable Asset Manager

Needham, MA · Hybrid

Provide refinancing, disposition, acquisition, restructuring, and workout support for distressed assets. * Evaluate economic and demographic trends and assess their impact on portfolio performance.

Walkerdunlop

Affordable Asset Manager

Bethesda, MD · Hybrid

Provide refinancing, disposition, acquisition, restructuring, and workout support for distressed assets. * Evaluate economic and demographic trends and assess their impact on portfolio performance.

Colliers

Senior Asset Manager

Dallas, TX · On-site

Experience managing distressed assets, to include familiarity with WL/special servicing requirements, workouts, loss sharing etc. * Expert knowledge of mortgage banking, loan servicing, financial ...

Colliers

Senior Asset Manager

Dallas, TX

Experience managing distressed assets, to include familiarity with WL/special servicing requirements, workouts, loss sharing etc. * Expert knowledge of mortgage banking, loan servicing, financial ...

Colliers

Senior Asset Manager

Dallas, TX

Experience managing distressed assets, to include familiarity with WL/special servicing requirements, workouts, loss sharing etc. * Expert knowledge of mortgage banking, loan servicing, financial ...

Apex Bank

Troubled Asset Specialist

Knoxville, TN · On-site

Apex Bank is seeking a highly disciplined and experienced Troubled Asset Specialist to manage a portfolio of performing loans and distressed or non-performing loans. In this critical role, you will ...

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All JobsDistressed Asset Jobs

Distressed Asset information

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$13

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$49

How much do distressed asset jobs pay per hour?

As of Jul 21, 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 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.

What are some common challenges faced by professionals working with distressed assets, 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 are the key skills and qualifications needed to thrive as a Distressed Asset Manager, and why are they important?

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 are distressed assets?

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.
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What are the most commonly searched types of Distressed Asset jobs? The most popular types of Distressed Asset jobs are:
What states have the most Distressed Asset jobs? States with the most job openings for Distressed Asset jobs include:
What job categories do people searching Distressed Asset jobs look for? The top searched job categories for Distressed Asset jobs are:
Distressed Asset jobs near you
Infographic showing various Distressed Asset job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $43,555 per year, or $20.9 per hour.

Special Assets Manager

MRISpokane

Dallas, TX

Full-time

Posted 24 days ago

Job description

Special Assets Manager

Locations: DFW, Austin, or Lubbock, TX

Position Overview

A growing Texas-based financial institution is seeking an experienced Special Assets Manager to lead the management and resolution of troubled commercial and consumer credit relationships. This individual will partner closely with lending, credit, legal, and executive leadership teams to develop workout strategies, minimize loss exposure, maximize recoveries, and oversee the disposition of distressed assets.

This is an excellent opportunity for a seasoned banking professional with a strong background in loan workouts, special assets, and credit risk management who enjoys solving complex challenges and leading a high-performing team.

Key Responsibilities

  • Develop and execute comprehensive workout strategies for criticized and classified loans to minimize losses and maximize recoveries.
  • Analyze borrower financial performance, collateral positions, legal documentation, lien priority, and overall credit exposure.
  • Serve as the lead workout officer on complex problem credits, working directly with borrowers to negotiate resolutions and monitor action plans.
  • Collaborate with internal and external legal counsel regarding collateral perfection, foreclosure actions, bankruptcy proceedings, litigation, and other recovery strategies.
  • Oversee the management and disposition of OREO and repossessed collateral, including valuation, preservation, marketing, and liquidation efforts.
  • Monitor and manage legal actions, settlements, judgments, and collection efforts.
  • Prepare and present regular reporting to executive leadership, committees, and board-level stakeholders regarding workout progress and asset quality trends.
  • Lead, mentor, and develop Special Assets personnel while providing oversight and guidance on departmental activities.

Qualifications

  • Minimum 10 years of commercial banking experience with exposure to C&I, CRE, and consumer lending.
  • At least 5 years of experience in Special Assets, Loan Workouts, Credit Resolution, or a related credit risk function within a community or regional bank.
  • Strong understanding of loan workout strategies, restructuring, collateral enforcement, and asset recovery.
  • Experience with foreclosure, bankruptcy, receivership, litigation, and other legal remedies associated with defaulted loans.
  • Knowledge of Texas lending laws and foreclosure processes preferred.
  • Proven leadership experience managing teams and driving successful outcomes.
  • Strong financial analysis, negotiation, problem-solving, and communication skills.
  • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field preferred.

Why Consider This Opportunity?

  • High-impact leadership role with significant visibility across the organization.
  • Opportunity to influence credit quality and asset recovery strategies.
  • Collaborative culture with strong executive support.
  • Competitive compensation, benefits, and long-term career growth potential.