VP, Equipment Management

This is a fully remote position, open to applicants in United States.

📋 Description

• Perform research and analysis on equipment to create accurate assessments of residual and collateral values for proposed transactions, including those involving complex and specialized equipment.

• Draft comprehensive valuation reports and conclusions for internal credit and approval evaluations.

• Examine market data and industry trends to inform valuation, residual, and underwriting decisions.

• Oversee asset performance and residual risk across designated portfolios.

• Manage the return, storage, inspection, repair, marketing, and sale of off-lease equipment.

• Enhance portfolio value through remarketing, renewal, and early termination strategies.

• Build and sustain relationships with external appraisers, remarketers, and other industry stakeholders.

• Act as a senior resource in equipment management and collaborate with internal teams on valuation assumptions, credit policies, and lease documentation standards.

• Offer senior-level advice to Credit, Portfolio Management, and Originations regarding equipment values, residual risks, asset vulnerabilities, transaction structures, and disposition strategies.

• Provide valuation updates, portfolio assessments, and asset-related reports for management.

• Maintain professional expertise through ongoing education and industry training.

• Ensure adherence to departmental policies, procedures, and audit requirements.

• Carry out additional duties and projects as assigned.

⛳️ Requirements

• Bachelor’s degree (BA/BS) or equivalent experience in equipment management.

• At least 10 years of experience in asset management within a financial institution or operating lessor.

• Proven ability to independently evaluate risk across diverse equipment types and lease structures.

• Proficiency in financial calculators and software, including Supertrump, TValue, and Microsoft Office.

• Strong analytical and organizational skills with meticulous attention to detail and accuracy.

• Effective written and verbal communication skills, capable of presenting valuation conclusions clearly and convincingly.

• Self-driven, results-oriented, and adept at managing multiple tasks in a dynamic environment.

• ASA (American Society of Appraisers) designation or active candidate status toward certification is preferred.

• High school diploma or equivalent is required.

🏝️ Benefits

• 401k plan with company matching and immediate vesting.

• Medical, dental, vision, AD&D, supplemental life, and long-term disability insurance.

• Pre-tax Health Savings Account with employer contributions.

• Pre-tax Flexible Spending Account (FSA).

• Assistance for adoption, surrogacy, and fertility.

• Paid parental leave.

• Family support solutions, including care options.

• Paid vacation days.

• Paid holidays.

• Volunteer time off.

• Tuition reimbursement.

• Annual mentorship program.

• Leadership development resources.

• Access to LinkedIn Learning.