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$35.5K

$94.1K

$164.5K

How much do negative asset manager jobs pay per year?

As of Jun 29, 2026, the average yearly pay for negative asset manager in the United States is $94,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $109,000.00 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.

Who are the big 3 asset managers?

The big three asset managers are BlackRock, Vanguard, and State Street Global Advisors. These firms manage trillions of dollars in assets and are key players in the investment management industry, often requiring knowledge of financial markets, compliance, and portfolio management for roles like asset managers.

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 asset managers make good money?

Asset managers, including those managing negative assets, can earn high salaries and bonuses, especially with experience and certifications like the CFA. Compensation varies based on the size of the firm, geographic location, and performance, with many earning six-figure incomes or higher. However, roles often require strong analytical skills, financial knowledge, and long hours.

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.

How much does a negative asset manager make?

A negative asset manager typically earns between $70,000 and $150,000 annually, depending on experience, location, and the size of the firm. Senior managers or those in high-cost areas can earn higher salaries, often supplemented with bonuses and benefits. The role requires strong analytical skills and knowledge of asset recovery or distressed assets management.

What does a negative assets manager do?

A negative assets manager is responsible for managing and reducing liabilities or negative assets within an organization or portfolio. They analyze financial statements, develop strategies to minimize debt, and may use financial modeling tools to optimize asset performance. This role often requires strong analytical skills and knowledge of accounting or finance principles.
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What cities are hiring for Negative Asset Manager jobs? Cities with the most Negative Asset Manager job openings:
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Negative Asset Manager jobs near you
Infographic showing various Negative Asset Manager job openings in the United States as of June 2026, with employment types broken down into 92% Full Time, 4% Part Time, 2% Temporary, and 2% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $94,129 per year, or $45.3 per hour.
Credit Operations Analyst

Credit Operations Analyst

Fortress Investment Group LLC

New York, NY • On-site

Full-time

Retirement

Posted 25 days ago

Job description

About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $55 billion of assets under management as of December 31, 2025. Founded in 1998, Fortress manages assets on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.
About Credit
Fortress's Credit business was launched in 2002 by Pete Briger. Today, the Fortress Credit team consists of over 525 professionals and is focused on investing globally, primarily in undervalued assets and distressed and illiquid credit investments. We manage assets on behalf of many of the world's most prominent and sophisticated allocators, including public and private pensions, sovereign wealth funds, large institutions and private clients.
Credit Operations Analyst
About the Position
  • Asset Servicing & Booking - Book and maintain investments across loan, equity, and structured products in firm systems (e.g., Wall Street Office, Geneva); maintain security master records and ensure accurate reflection of commitments, fundings, and amendment history.
  • Transaction Document Review - Review credit agreements, loan documents, side letters, amendments, and settlement statements to translate economic terms (interest, fees, waterfalls, PIK/cash-pay mechanics, prepayment provisions) into accurate booking conventions.
  • Cash Flow & Waterfall Processing - Process interest, principal, fees, and bespoke waterfall distributions across straightforward and complex deal structures, partnering with internal teams and external servicers as needed.
  • Cash & Position Reconciliations - Perform daily cash and position reconciliations across funds, SPVs, and counterparties; investigate and resolve breaks against custodian, agent, and servicer records.
  • Wire & Funding Operations - Process draw requests, fundings, paydowns, and distributions; confirm conditions precedent are met and approve wires in line with internal controls.
  • Counterparty & Internal Liaison - Interact daily with custodian banks, trustees, agents, and third-party loan servicers; partner across Asset Management, Accounting, Valuation, Treasury, Legal, and Tax to support the broader Credit Funds business.
  • Fund Operations Support - Track investor capital, service fund subscription lines, and allocate and pay investment-related expenses across funds and co-invest vehicles.
  • Reporting & Portfolio Support - Support recurring portfolio reporting (book values, commitments, distributions, performance metrics), ad-hoc analyses, and management requests.
  • Compliance Monitoring - Help monitor closed transactions for compliance with affirmative, negative, financial, and reporting covenants set out in the definitive documents.
  • Cross-Desk Flexibility - Be willing and able to rotate or be deployed across asset classes and desks - including legal assets, real estate credit, direct lending, structured credit, and specialty finance - as business needs evolve.

Additional Responsibilities
  • Provide backup to other Credit Funds Operations staff on wire transfers, trade settlements, and broader fund activity.
  • Support deal and underwriting teams on new investment closings, including onboarding, KYC, and pre-close operational readiness.
  • Assist with annual audit confirmations, valuation support, and third-party valuation report facilitation.
  • Participate in process improvement, automation, and reporting projects across the Credit Funds platform.

AI & AUTOMATION RESPONSIBILITIES
  • Demonstrate working proficiency with AI and generative AI tools (e.g., Microsoft Copilot) to enhance workflows, automate repetitive tasks, and improve output quality and turnaround times.
  • Maintain a continuous learning mindset around evolving AI capabilities, proactively seeking opportunities to upskill and apply new tools relevant to operational responsibilities.
  • Collaborate effectively in human AI environments, understanding when to delegate tasks to AI tools versus applying independent professional judgment, particularly in high stakes or client facing scenarios.
  • Utilize AI powered workflow automation to streamline trade settlement, loan administration, covenant monitoring, and counterparty data management, reducing operational risk and processing time.
  • Leverage AI driven anomaly detection to identify exceptions, breaks, or data quality issues in operational processes, escalating findings for timely resolution.

QUALIFICATIONS
  • 2-4 years of experience at a financial services firm (commercial or investment bank, asset manager, fund administrator, or alternative credit / private credit shop).
  • Bachelor's degree from an accredited university/college.
  • Strong working knowledge of Microsoft Office, with advanced Excel skills (complex models, reconciliations, cash flow analyses).
  • Familiarity with loan operations systems such as Wall Street Office (WSO) or Geneva is a plus.
  • Ability to read and operationalize credit agreements and other transaction documents.
  • Strong reconciliation discipline and attention to detail; audit-ready documentation habits.
  • Comfort with ambiguity, bespoke deal structures, and problem-solving in lieu of straight-through processing.
  • Dynamic, flexible mindset with a genuine willingness to work across asset classes and desks as needed.
  • Strong written and verbal communication skills; ability to liaise professionally with both internal stakeholders and external counterparties.
  • Team-oriented and collaborative; able to thrive in a fast-paced, dynamic environment and manage multiple deliverables simultaneously.
The base salary range for this position is expected to be between 85,000 and 100,000
The base salary range proposed for this role has been set forth to comply with local law, but salary is only one element of the total compensation for this role. The base salary range suggested above does not include compensation elements such as bonuses, overtime and deferred cash (each of which are applicable in certain roles), benefits, perquisites, and company contributions to employee 401(k) accounts. Such other pay components often result in total compensation materially exceeding base salary for a particular role. Total compensation as well as base salary for a role depend in part upon individual performance, years of service, experience, geographic considerations, the performance and the needs of particular business units, company performance, and general market conditions.
Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.

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