Asset Manager - Equipment Leasing (Hybrid)

Byline Bank.•Bannockburn, IL

2d•$115,000 - $130,000•Hybrid

About The Position

The Asset Manager – Equipment Leasing is responsible for overseeing the full lifecycle of equipment leasing operations, with a focus on origination strategy, residual value optimization, portfolio performance, and cross-functional collaboration. The ideal candidate will bring deep industry expertise, strong analytical capabilities, and a proven ability to lead teams and drive results across diverse equipment markets.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related field.
10+ years of experience in equipment leasing, asset management, or financial operations, with at least 5 years in a leadership role.
Deep understanding of residual value management, equipment economics, and leasing regulations.
Advanced proficiency in Excel and financial modeling.
Exceptional leadership, communication, and cross-functional collaboration skills.
Familiarity with banking or financial services environments.
Be a strategic thinker with the ability to develop, communicate and implement plans that support the overall goals of the Bank.
Be self-motivated and an effective time and project manager with a strong attention to detail.
Demonstrate strong organizational skills with the ability to directly manage and communicate multiple projects and priorities depending on organizational needs and strategies.

Nice To Haves

Experience with LTi or similar leasing systems is strongly preferred.

Responsibilities

Lead origination strategy across multiple channels: Compact Utility, Computer, General Construction Equipment, Healthcare, Material Handling, and Technology.
Establish and refine residual value methodologies for each market segment.
Monitor industry trends in equipment economics, including supply/demand dynamics and pricing impacts.
Guide disposition strategies through dealer and manufacturer networks to maximize asset recovery.
Oversee financial modeling including time value of money and discounted cash flow analysis.
Analyze business performance metrics such as submission/approval rates, decline trends, and loss pools.
Track asset performance and usage throughout the lease term. Direct reserve and write-off forecasting and reporting.
Ensure robust Excel-based analytics and reporting tools are developed and maintained.
Set and manage residual positions across transactions and markets to optimize profitability.
Coordinate end-of-term activities including inspections, returns, and renewals.
Drive portfolio strategies to recover and dispose of leased assets with minimal loss.
Collaborate with Collections and Legal teams to ensure timely and compliant asset retrieval.
Champion system utilization and enhancements, particularly within the LTi platform.
Ensure documentation workflows are efficient, compliant, and aligned with operational goals.
Ensure compliance with lease agreements, environmental regulations, and internal policies.
Maintain accurate asset records and documentation for audits and reporting.
Support budgeting and forecasting related to asset operations.
Maintain adherence to accounting standards and regulatory requirements related to equipment leasing.
Manage logistics for deinstallation, transportation, and storage of returned assets.
Maintain strong relationships with dealers, manufacturers, and lessees.
Serve as liaison between sales, credit, and operations teams to ensure seamless asset transitions.
All other duties as assigned.