FVP, Sr. Asset Manager

Axos Bank

4d • $145,000 - $200,000

About The Position

As a Senior Asset Manager, you will be responsible for supporting Verdant Commercial Capital in all Industrial equipment-oriented activities related to residual risk evaluation and analysis. Assets acquired through actions & repossession.

Requirements

• Bachelor's degree
• Minimum five years of specific experience in the vendor finance area, preferably with a top leasing company, bank, or financial institution
• Excellent verbal and written communications skills
• Strong listening and presentation skills
• Strong analytical, organizational, and time management abilities
• Able to handle a wide diversity of tasks on a daily basis
• An independent self-starter with a proactive approach who will not require extensive supervision to get “up and running,” and who will be able to function autonomously

Responsibilities

• Establishing and forecasting collateral/residual values for equipment lease transactions, including researching and analyzing technological trends and developments affecting residual exposure
• Working with the Sales Team to understand customer needs and requirements through conversations, data mining and industry publications
• Researching and evaluating new target markets and equipment types for Verdant Commercial Capital to pursue
• Sales, renewals, and early terminations of equipment under lease, including remarketing of off-lease and repossessed equipment into the secondary market
• Working to maximize gains on sale of equipment
• Conduct residual/collateral research and analysis on potential equipment lease transactions.
• Evaluate future value and residual risks, make residual recommendations, and prepare written residual analyses supporting recommendations on transactions
• Assist in the development of residual matrices, policies, and controls for vendor-based programs as needed
• Manage sales, renewals, and early terminations of equipment under lease, including remarketing of off-lease equipment
• Develop and manage remarketing channels for all equipment types
• Provide effective remarketing of equipment to assure that maximum proceeds are obtained from disposition of equipment
• Maximize gains on sale for all end of lease activity
• Complete other asset management-related projects as necessary

Benefits

• Medical, Dental, Vision, and Life Insurance
• Paid Sick Leave, 3 weeks' Vacation, and Holidays (about 11 a year)
• HSA or FSA account and other voluntary benefits
• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan
• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees