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Special Assets Manager Jobs (NOW HIRING)

Dacotah Banks

Special Assets Manager

Fargo, ND

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 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 ...

Austin Bank

Special Assets Manager

Longview, TX · On-site

Special Assets Manager Job Category: Austin Bank Job Family Requisition Number: SPECI002584 Posted: September 16, 2025 Full-Time On-site Longview, TX 75604, USA +4 more locations Description ...

Dacotah Banks

Special Assets Manager

Aberdeen, SD

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

Jamestown, ND

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 ...

AUSTIN BANK

Special Assets Manager

Longview, TX

Supervise staff, including time keeping for Special Assets employees. Answers phones, places calls ... Prepare monthly reports for management and assists with board reports. Works closely with Loan ...

Austin Bank

Special Assets Manager

Kilgore, TX

Supervise staff, including time keeping for Special Assets employees. Answers phones, places calls ... Prepare monthly reports for management and assists with board reports. Works closely with Loan ...

Austin Bank

Special Assets Manager

Longview, TX

Supervise staff, including time keeping for Special Assets employees. Answers phones, places calls ... Prepare monthly reports for management and assists with board reports. Works closely with Loan ...

AUSTIN BANK

Special Assets Manager

Longview, TX · On-site

Supervise staff, including time keeping for Special Assets employees. Answers phones, places calls ... Prepare monthly reports for management and assists with board reports. Works closely with Loan ...

Exchange Bank

Special Assets Officer

Roseville, CA · On-site

The Special Assets Officer is responsible for managing complex, at-risk and problem loans to ... Manage all aspects of large, more complex loans within an assigned portfolio including the ...

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Special Assets Manager information

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$64.5K

$126.7K

$193.5K

How much do special assets manager jobs pay per year?

As of Jul 5, 2026, the average yearly pay for special assets manager in the United States is $126,736.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,000.00 and $156,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the Special Assets Manager position, and why are they important?

To thrive as a Special Assets Manager, you need expertise in credit analysis, risk management, loan workout strategies, and a solid foundation in finance or business, often backed by a bachelor's degree. Familiarity with loan management software, financial modeling tools, and knowledge of regulatory compliance standards like FDIC or OCC guidelines are typically required. Strong negotiation, problem-solving abilities, and clear communication skills distinguish high performers in this role. These competencies are essential for effectively managing distressed assets, maximizing recoveries, and minimizing losses for financial institutions.

What is a Special Assets Manager job?

A Special Assets Manager oversees and manages non-performing or high-risk loans and assets for financial institutions. Their primary responsibilities include assessing troubled loans, developing workout strategies, negotiating resolutions, and mitigating financial risk. They work closely with borrowers, legal teams, and senior management to recover assets and minimize losses. Strong financial analysis, negotiation, and risk management skills are essential in this role.

What are some typical challenges a Special Assets Manager faces in their daily work?

Special Assets Managers often encounter complex, distressed loans or assets that require thorough analysis and creative problem-solving to resolve. Navigating negotiations with borrowers, restructuring debt, and ensuring regulatory compliance can be demanding and require quick, informed decision-making. They also work closely with legal teams, appraisers, and other financial specialists to develop solutions that balance risk and reward for the institution. These challenges make the role dynamic and fast-paced, offering opportunities for professional growth and the development of specialized expertise.

More about Special Assets Manager jobs
What cities are hiring for Special Assets Manager jobs? Cities with the most Special Assets Manager job openings:
What states have the most Special Assets Manager jobs? States with the most job openings for Special Assets Manager jobs include:
What job categories do people searching Special Assets Manager jobs look for? The top searched job categories for Special Assets Manager jobs are:
Special Assets Manager jobs near you
Infographic showing various Special Assets Manager job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $126,736 per year, or $60.9 per hour.
Special Assets Manager

Special Assets Manager

Dacotah Banks

Fargo, ND

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 21 days ago

Job description

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 recommendations to the EVP – Chief Credit Officer or Central Credit Committee.  Works as a consultant with all business and agricultural lenders and assists them in terms of managing credits that are faced with some form of difficulty. Assists with the management, servicing and liquidation of the Bank’s OREO assets.  Assists all lenders in the repossession and liquidation of personal property.  Adheres to all loan policies with specific emphasis as to the Problem Loan/Workout Policy, OREO Policy, and loan delinquency, collection, and repossession of personal property procedures.

Essential Functions
Employees must be able to perform the essential functions of this position satisfactorily or make a request for reasonable accommodation as needed.

  • Manages a portfolio of business and agricultural loans identified as “work with”, “work down”, or “work out” credits.  Reviews the files and develops an appropriate “work with” or exit strategy.
  • Upon transfer of a loan to Special Assets, meets and communicates with customer on a regular basis, monitors financial performance, establishes action plans to correct issues, monitors collateral, and provides continual updates to bank management. 
  • Develop and implement strategies to recover principal from borrowers whose non-performing loan(s) have been charged off.
  • Assists the bank’s OREO assets, including the sale thereof.
  • Is a consultant to lenders in the repossession and liquidation of personal property.
  • Assists the Credit Administration department with the creation and revision of loan policies specific to special assets, OREO, and personal property repossession.
  • Works closely with internal and external legal counsel in terms of handling special assets and OREO, with adherence to laws and regulations as a top priority.
  • Acts on behalf of the bank in terms of minimizing loss and maximizing collection efforts
  • Integrated with the Bank’s Quarterly Asset Review meetings where all Problem Loans are discussed in detail.
  • Depending on experience, maybe a voting member of the Bank’s Central Credit Committee.

Other Functions

  • Completes required training sessions.
  • Monitors weekly overdraft report and past due report.
  • Completes special projects as assigned.
  • Performs other responsibilities as directed by management.

Education & Experience

  • Bachelor’s degree in Banking, Finance or Accounting or ten years or more of collection management, or related banking experience and/or training or equivalent combination of education and experience.
  • Strong knowledge of Ag, Commercial, Commercial Real Estate, and SBA & FSA lending processes and regulations. Strong knowledge of credit underwriting.
  • Strong written and verbal communication skills. Strong negotiation skills. Ability to establish and maintain interpersonal relationships.
  • Ability to write reports and business correspondence. Strong skill set in the use of computer software applications. Solid understanding of collateral and loan documentation.
  • Effective time management and organizational skills.
  • Must be able to work flexible hours and position will require some travel.

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

  • Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
  • Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
  • Health Savings Account
  • Life Insurance for the employee and family
  • Paid Vacation and Sick Time
  • Retirement Plan Options
  • Additional Perks and Benefits

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