Asset Manager

This is a fully remote position, open to applicants in Arizona, +2 more states.

📋 Description

• Conduct research on local and national equipment markets to establish precise and justifiable retail and auction values.

• Provide equipment appraisals and advice for originations, servicing, collections, and portfolio-risk assessments.

• Prepare and manage monthly impaired-worksheet reports along with relevant market comparables.

• Evaluate fraud-related collateral issues and escalate significant risks.

• Oversee efficient repossession and recovery initiatives.

• Analyze recovery processes, costs, timing, asset condition, location, market demand, and operational risks to determine strategies.

• Keep status updates and documentation for repossessions, voluntary surrenders, and secured assets.

• Handle the sales of recovered equipment, including pricing, buyer outreach, offer assessment, negotiation, and vendor coordination.

• Maintain asset listings and system records accurately.

• Develop relationships with buyers, auctions, remarketers, resellers, and recovery agents.

• Monitor inventory and suggest pricing adjustments, auction placements, or other liquidation strategies.

• Manage end-of-term lease accounts, residuals, customer notifications, collections, and remarketing efforts.

• Administer auto-renewal payments and assist with partial-payoff calculations.

• Collaborate with internal teams and customers to resolve issues and ensure accurate record-keeping.

• Assess and enhance liquidation, pricing, remarketing, and workflow procedures.

• Engage in departmental initiatives, meetings, and special projects.

⛳️ Requirements

• Associate's degree in business or a related discipline.

• Minimum of three years of experience in the equipment finance sector.

• Proficient understanding of equipment valuation, market analysis, repossession, recovery coordination, remarketing, and asset disposition.

• Strong interpersonal and communication skills for managing relationships with customers, vendors, dealers, and service providers.

• Availability for on-call duties as required.

• Willingness to travel up to 20 percent.

• Standard working hours are Monday to Friday.

🏝️ Benefits

• This position is full-time and comes with benefits.