Asset Manager Salary at Northeast Bancorp BETA

How much does a Northeast Bancorp Asset Manager make?

As of March 2025, the average annual salary for an Asset Manager at Northeast Bancorp is $114,237, which translates to approximately $55 per hour. Salaries for Asset Manager at Northeast Bancorp typically range from $92,576 to $140,122, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Northeast Bancorp Overview

Website:
northeastbank.com
Size:
100 - 200 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Founded in 1872 and headquartered in Lewiston, Maine, Northeast Bank is a full-service bank providing checking, savings, cash management, and more.

See similar companies related to Northeast Bancorp

What Skills Does a person Need at Northeast Bancorp?

At Northeast Bancorp, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Asset Management: Asset management refers to systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill and/or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance and sustainability.
  2. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  3. Inventory Control: Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock." However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business' inventory but also focusing on the many related facets of inventory management (such as forecasting future demand) "within an organisation to meet the demand placed upon that business economically." Other facets of inventory control include supply chain management, production control, financial flexibility, and customer satisfaction. At the root of inventory control, however, is the inventory control problem, which involves determining when to order, how much to order, and the logistics (where) of those decisions. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems , or it may refer to a methodology (which may include the use of technological barriers) for handling loss prevention in a business.
  4. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  5. Standard Operating Procedures: A standard operating procedure (SOP) is a set of step-by-step instructions compiled by an organization to help workers carry out routine operations.

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Check more jobs information at Northeast Bancorp

Job Title Average Northeast Bancorp Salary Hourly Rate
2 System & Network Engineer $114,111 $55
3 Team Lead $57,286 $28
4 Vice President, Real Estate $250,604 $120
5 Accounting Specialist $56,575 $27
6 Assistant Branch Manager $49,003 $24
7 Bank Teller $32,962 $16
8 Banker $92,558 $44
9 Business Development Manager $124,224 $60
10 Cashier $27,104 $13
11 Credit Administration Assistant $58,188 $28
12 Credit Analyst $62,130 $30

Hourly Pay at Northeast Bancorp

The average hourly pay at Northeast Bancorp for an Asset Manager is $55 per hour. The location, department, and job description all have an impact on the typical compensation for Northeast Bancorp positions. The pay range and total remuneration for the job title are shown in the table below. Northeast Bancorp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $114,237 look to you?

FAQ about Salary and Jobs at Northeast Bancorp

1. How much does Northeast Bancorp pay per hour?
The average hourly pay is $55. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Northeast Bancorp?
According to the data, the highest approximate salary is about $140,122 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Northeast Bancorp?
According to the data, the lowest estimated salary is about $92,576 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.