1

Negative Asset Manager Jobs in Michigan (NOW HIRING)

At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship ... proprietary assets, or collaborating closely with team members. We evaluate these factors ...

Showing results 41-60

Negative Asset Manager information

See Michigan salary details

$30.9K

$82K

$143.4K

How much do negative asset manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for negative asset manager in Michigan is $82,042.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,900.00 and $95,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by negative asset managers and how can they be addressed?

Negative Asset Managers often encounter challenges such as managing portfolios of underperforming or distressed assets, negotiating with stakeholders, and developing strategies for asset recovery or liquidation. Successfully navigating these challenges requires strong analytical skills, effective communication, and the ability to make difficult decisions under pressure. Building collaborative relationships with legal teams, finance departments, and external partners is essential to maximize asset value and mitigate losses. Staying updated on relevant regulations and market trends also helps Negative Asset Managers proactively address emerging issues.

What are the key skills and qualifications needed to thrive as a negative asset manager, and why are they important?

To thrive as a Negative Asset Manager, you need expertise in distressed asset evaluation, financial analysis, and a strong background in real estate or finance, often supported by a relevant degree or certification such as CFA or CPA. Familiarity with asset management software, financial modeling tools, and legal compliance systems is typically required. Strong negotiation, problem-solving abilities, and clear communication are essential soft skills for managing stakeholders and resolving complex asset issues. These skills are crucial to effectively mitigate losses, maximize recovery value, and ensure compliance in the management of underperforming or distressed assets.

What is a negative asset manager?

A Negative Asset Manager is a professional responsible for overseeing and managing assets that have lost value or are considered liabilities, such as non-performing loans, distressed properties, or other underperforming investments. Their primary goal is to minimize losses and maximize recovery by restructuring, selling, or otherwise resolving these negative assets. They work closely with financial institutions, investors, and legal teams to develop strategies for asset recovery and risk mitigation. This role is critical in helping organizations manage financial risks and improve overall portfolio health.

Do negative asset managers make a lot of money?

Negative asset managers, who specialize in managing distressed or undervalued assets, can earn high salaries and bonuses depending on their experience, the size of the assets they manage, and the firm they work for. Compensation often includes base pay, performance-based bonuses, and profit sharing, especially in larger financial institutions or private equity firms. However, earnings vary widely across the industry and role specifics.

What is the difference between Negative Asset Manager vs Asset Manager?

AspectNegative Asset ManagerAsset Manager
Primary FocusManaging distressed, non-performing, or undervalued assetsManaging a diversified portfolio of assets to maximize returns
Work EnvironmentSpecialized in distressed asset environments, often in restructuring or liquidationFinancial institutions, investment firms, overseeing various asset classes
CredentialsFinancial certifications like CFA, real estate or bankruptcy expertiseSimilar certifications, with emphasis on portfolio management

Negative Asset Managers focus on distressed or undervalued assets, often in restructuring scenarios, while Asset Managers oversee a broad range of assets to generate growth. Both roles require financial expertise and certifications like CFA, but their work environments and objectives differ significantly.

Is a negative asset manager a stressful job?

A negative asset manager is responsible for managing distressed or underperforming assets, which can involve high-pressure decision-making and financial risk management. The job often requires strong analytical skills, attention to detail, and the ability to handle complex negotiations, making it potentially stressful depending on workload and market conditions.

How much does a negative asset manager make?

A negative asset manager's salary varies based on experience, location, and the size of the firm, but typically ranges from $70,000 to $150,000 annually. Senior managers or those working in large financial centers can earn higher compensation, often supplemented with bonuses and performance incentives.
What are popular job titles related to Negative Asset Manager jobs in Michigan? For Negative Asset Manager jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Negative Asset Manager jobs in Michigan look for? The top searched job categories for Negative Asset Manager jobs in Michigan are:
What cities in Michigan are hiring for Negative Asset Manager jobs? Cities in Michigan with the most Negative Asset Manager job openings:
Infographic showing various Negative Asset Manager job openings in Michigan as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $82,042 per year, or $39.4 per hour.

Assistant Manager Full-time (Rochester Hills, MI)

Ace Retail Group

Rochester Hills, MI • On-site

Full-time

Re-posted 20 days ago


Job description

About Ace Retail Group
Ace Retail Group (ARG), is a division of Ace Hardware Corporation that owns and operates several Ace brands, including Westlake Ace, Great Lakes Ace, Buikema's Ace, Outer Banks Ace, Dennis Company, and Breed & Company. ARG is one of the largest hardware retailers in the United States and has two headquarters located in Lenexa, KS and Farmington Hills, MI. ARG's origins date back over a century and operates over 250 neighborhood stores located throughout the United States. Great people make ARG stand out in our industry, and we are looking for individuals who strive for personal and professional growth, and who want to work with a company founded on (and still led by) our solid Core Values of: Winning, Excellence, Love, Integrity, Gratitude, Humility and Teamwork.
General Job Summary
The Assistant Manager manages overall store operations and the achievement of company goals and directives.
Essential Duties and Responsibilities
Customer Service
  • Provide positive representation of Ace Retail Group.
  • Proactively assist customers in solving problems.
  • Greet customers entering and throughout the store. Thank customers when finished and when they are leaving the store.
  • Provide a friendly, outgoing demeanor; work well with customers as well as associates.
  • Ensure all calls and pages are answered promptly, courteously and effectively.
  • Handle customer complaints. Work to resolve problems with the customer and have Ace Retail Group's best interest taken into consideration.
  • Possess excellent product knowledge and knowledge of store layout and location of products.

Store Operations
  • Ensure a positive, professional and safe work environment for all associates.
  • Supervise the general operations of the entire store.
  • Responsible for opening and closing the store.
  • Assist with the implementation of Store Support Center programs.
  • Ensure successful Loss Prevention, Safety and Internal Audits.
  • Work with General Manager and Assistant Manager - Merchandising on all aspects of running the store.
  • Participate in weekly management staff meetings.
  • Communicate issues to the appropriate Store Support Center department with General Manager approval.
  • Assist with special projects within the district as set forth by the District Manager.
  • Implement new Standard Operating Procedures into store execution.
  • Assist with daily maintenance, orderliness and cleanliness of the sales floor, stock room and outdoor merchandise areas.
  • Ensure that weekly price changes and label updates are completed timely and accurately.
  • Oversee all cashiering functions including training, maintenance, audits, and reports.
  • Manage and direct preventative maintenance and repairs in order to maximize and protect all physical assets (i.e. building, fixtures and equipment).
  • Visit competition to be familiar with what they are doing.
  • Perform all other duties as assigned.

Inventory & Merchandising
  • Assist to ensure forklift operations and receiving is completed in a safe and efficient way.
  • Assist to ensure receiving, checking in and stocking of merchandise adheres to best practices and Standard Operating Procedures.
  • Responsible for maintenance of back stock levels.
  • Assist to ensure that cycle counts and negative on hand reports are completed timely and accurately.
  • Assist in ordering and maintaining desirable product inventory levels to ensure in-stocks and store profitability.
  • Assist with merchandise resets throughout the store.
  • Assist to ensure all signage is current in the store.
  • Assist in presenting a clean and orderly sales floor, including end caps and promotional and incremental merchandising.

Hiring & Training of Associates
  • Assist in training of all associates.
  • Actively recruit and promote the advancement of Ace Retail Group associates.
  • Assist in hiring, training, scheduling, reviewing, rewarding and coaching Head Cashiers and Cashiers with the approval of the General Manager.

Leadership
  • Manage all aspects of store operations in the absence of the General Manager.
  • Lead by example; be approachable by all associates and customers.
  • Participate in store meetings.
  • Communicate any merchandising, cost control or sales idea to the General Manager for follow up.
  • Prepare and challenge yourself for future advancement.

Other Essential Requirements
Ability to exhibit and incorporate our Core Values into daily decisions and interactions with others:
  • WINNING - In business, money is the score. To win, we must perform, compete, and have fun.
  • EXCELLENCE - Striving to be our best through continuous improvement and inspiration.
  • LOVE - Love the people, love the work and love the results.
  • INTEGRITY - Honesty, reliability, high character and ethical behavior.
  • GRATITUDE - Appreciating being in the business of serving others.
  • HUMILITY - A modest and respectful approach to leadership and work.
  • TEAMWORK - Collaboration over control or credit; together we are Ace.

Minimum Skills, Requirements and Qualifications
  • High School or GED equivalent.
  • Previous retail management experience preferred. Hardware experience preferred.
  • Standing, walking, lifting (up to 25lbs) and climbing.

Compensation Details
$19.80 - $24 per hour
For a full list of benefits and open positions, please visit us at: https://acehardware.wd1.myworkdayjobs.com/en-US/ARG_External
Want to be notified when new jobs are posted? Follow the link below to create an account and set up custom job alerts:
Create Job Alert
Equal Opportunity Employer
Ace Retail Group is committed to a policy of promoting equal employment opportunities. The company recognizes the importance of diversity and leveraging the skills and talents of all people to the mutual advantage of each individual and the organization. The company is committed to the prevention of employment discrimination related to race, religion, color, sex (including sexual harassment), gender identity, national origin, age, marital status, disability and military discharge, or any other action covered by federal or state laws.