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Senior Special Assets Manager Jobs (NOW HIRING)

Nwcommunitybank

SPECIAL ASSETS MANAGER

Winsted, CT · On-site

$120 - $180/hr

Special Assets Manager FULL TIME EXEMPT Winsted, CT, US Reports to: Chief Lending Officer This ... Prepare reports and recommendations for Senior Management, Loan Committee, and the Board of ...

QNB Bank

Special Assets Manager

Quakertown, PA · On-site

Join QNB Bank as a Full Time Special Assets Manager and be at the forefront of innovative financial solutions in the heart of Quakertown, PA. This onsite position offers a unique opportunity to ...

QNB Bank

Special Assets Manager

Quakertown, PA · On-site

Join QNB Bank as a Full Time Special Assets Manager and be at the forefront of innovative financial solutions in the heart of Quakertown, PA. This onsite position offers a unique opportunity to ...

QNB Bank

Special Assets Manager

Quakertown, PA · On-site

Join QNB Bank as a Full Time Special Assets Manager and be at the forefront of innovative financial solutions in the heart of Quakertown, PA. This onsite position offers a unique opportunity to ...

Wilsonbank

Special Assets Manager

Lebanon, TN

Special Assets Manager Location: Lebanon, TN If you're looking for a career where purpose meets opportunity, and where your contributions truly make a difference, Wilson Bank & Trust is the place for ...

Wilson Bank & Trust

Special Assets Manager

Lebanon, TN · On-site

Special Assets Manager Location: Lebanon, TN If you're looking for a career where purpose meets opportunity, and where your contributions truly make a difference, Wilson Bank & Trust is the place for ...

Craft3

Special Assets Manager

Portland, OR · On-site +1

$135K - $155K/yr

We are looking for a Special Assets Manager to join our amazing Craft3 team in the WA or OR Area . What We Offer At Craft3 we value our team members and offer a comprehensive benefits package that ...

Doist

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 ... You will work closely with senior leadership, legal counsel, servicing partners, and capital ...

Craft3

Special Assets Manager

Oregon, WI · On-site

$100 - $140/hr

We are looking for a Special Assets Manager to join our amazing Craft3 team in the WA or OR Area . What We Offer At Craft3 we value our team members and offer a comprehensive benefits package that ...

Craft3

Special Assets Manager

Seattle, WA · On-site

$90 - $130/hr

We are looking for a Special Assets Manager to join our amazing Craft3 team in the WA or OR Area . What We Offer At Craft3 we value our team members and offer a comprehensive benefits package that ...

Dacotah Banks

Special Assets Manager

Sioux Falls, SD · On-site

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 ...

Dacotah Bank

Special Assets Manager

Aberdeen, SD · On-site

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 ...

Dacotah Banks

Special Assets Manager

Fargo, ND · On-site

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 ...

Dacotah Banks

Special Assets Manager

Aberdeen, SD · On-site

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 ...

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Senior Special Assets Manager information

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$22.5K

$118.3K

$210K

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

As of Aug 17, 2026, the average yearly pay for senior special assets manager in the United States is $118,258.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,500.00 and $145,000.00 per year, depending on experience, location, and employer.

What is the difference between Senior Special Assets Manager vs Commercial Loan Officer?

AspectSenior Special Assets ManagerCommercial Loan Officer
CredentialsExperience in asset management, financial analysis, possibly certifications like CFAFinancial background, often a degree in finance or related field, licensing may be required
Work EnvironmentBank or financial institution focusing on distressed assets and recoveryBank or lending institution involved in loan origination and approval
Employer & Industry UsageUsed in banking, asset management, and distressed asset recoveryCommon in commercial banking, lending, and mortgage sectors
Search & Comparison IntentUnderstanding asset management roles, recovery strategiesLoan origination, credit analysis, and client relationship management

The main difference is that a Senior Special Assets Manager focuses on managing distressed assets and recovery processes, while a Commercial Loan Officer primarily handles loan origination and client lending relationships. Both roles require financial expertise but serve different functions within banking institutions.

More about Senior Special Assets Manager jobs

What cities are hiring for Senior Special Assets Manager jobs?

Cities with the most Senior Special Assets Manager job openings:

What states have the most Senior Special Assets Manager jobs?

States with the most job openings for Senior Special Assets Manager jobs include:

What job categories do people searching Senior Special Assets Manager jobs look for?

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Senior Special Assets Manager jobs near you
Infographic showing various Senior Special Assets Manager job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $118,258 per year, or $56.9 per hour.

SPECIAL ASSETS MANAGER

Nwcommunitybank

Winsted, CT • On-site

$120 - $180/hr

Other

Posted 12 days ago

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Special Assets Manager

FULL TIME EXEMPT Winsted, CT, US

Reports to: Chief Lending Officer

This position does not offer remote access. It is an in-office position located in Winsted, CT.

Summary of the Role

The Special Assets Manager is responsible for overseeing and resolving the Bank's non-performing, and distressed loan portfolio. This role develops and executes workout, recovery, collection, and OREO disposition strategies that minimize losses, maximize recovery, and ensure compliance with regulatory requirements while protecting the Bank's financial interests.

Key Responsibilities
  • Manage and monitor classified, delinquent, non-performing, and high-risk commercial and consumer loan relationships
  • Develop and implement workout, restructuring, collection, and recovery strategies to minimize loss exposure
  • Analyze borrower financial statements, cash flow, collateral positions, and repayment capacity
  • Negotiate resolutions with borrowers, guarantors, attorneys, workout professionals, and other stakeholders
  • Coordinate foreclosures, bankruptcies, collateral liquidations, short sales, and OREO dispositions
  • Prepare reports and recommendations for Senior Management, Loan Committee, and the Board of Directors
  • Oversee commercial credit analysis activities, including financial statement spreading and risk rating review
  • Supervise assigned staff, including coaching, training, performance management, and development
  • Manage departmental goals, budgets, retention standards, and operational effectiveness
  • Ensure compliance with regulatory requirements, internal policies, and examination standards. Educates staff of same.
  • Recommends procedural changes as needed to support prescribed requirements.
  • Participate on management, Credit, CRA, and Special Assets committees
  • Represent the Bank through community and industry activities
Skills

Loan Workouts & Special Assets Management Commercial Credit Analysis

Financial Statement & Cash Flow Analysis Collections & Recovery Administration

Regulatory Compliance Leadership & Staff Development

Strategic Planning Communication & Presentation

Qualifications

Bachelor’s degree in Finance, Accounting, Business Administration, or related field (or equivalent experience)

5–7 years of progressive banking experience with emphasis in commercial lending, special assets, loan workouts, and credit analysis

Strong understanding of bankruptcy, foreclosure, collections, creditor rights, and real estate valuation

Comprehensive knowledge of banking regulations and compliance requirements

Proven leadership, supervisory, and organizational abilities

Excellent negotiation, analytical, written, and verbal communication skills

Ability to travel throughout the Bank’s lending market as needed

Regularly works with highly confidential customer, financial, legal, and credit information

Why Join Us

Opportunity to directly impact portfolio quality, asset recovery, and risk management while partnering with senior leadership and contributing to the Bank’s strategic objectives.

Work Environment & Physical Requirements

Primarily office-based role requiring prolonged sitting and computer use. Occasional standing, walking, and light lifting up to 10 pounds. Frequent use of standard office equipment and extended periods of computer screen use requiring visual focus.

Equal Opportunity Employer

We are committed to creating an inclusive and diverse workplace. Employment decisions are based on qualifications, merit, and business needs.

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