Northpoint Commercial Finance is seeking an Asset Management Leader to establish and lead the Asset Management function for its U.S. Equipment Finance business. This role will be responsible for developing and executing the asset management strategy for a growing portfolio of equipment finance and leasing assets. The Asset Management Leader will serve as the organization’s primary expert in equipment valuation, residual risk management, lifecycle asset management, end-of-term strategies, and remarketing for U.S. Equipment Finance. This position will partner closely with Sales, Credit, Operations, Finance, and Legal to support profitable growth while ensuring disciplined management of asset-related risk.
MAJOR RESPONSIBILITIES:
- Develop and implement Northpoint’s U.S. asset management strategy for a growing equipment finance and leasing portfolio.
- Build the policies, governance framework, and operational processes required to support a growing lease and equipment finance portfolio.
- Provide leadership and subject matter expertise on residual risk, equipment markets, and lifecycle asset management.
- Establish valuation methodologies and residual standards across a broad range of commercial equipment classes.
- Analyze equipment markets, depreciation trends, technology cycles, and secondary market conditions.
- Develop recommendations for residual value grids and special bid asset values to be used in transaction pricing and underwriting, subject to credit approval.
- Partner with Sales and Credit to structure competitive and profitable equipment finance and leasing transactions.
- Participate in transaction approval processes involving significant residual exposure or asset complexity.
- Monitor asset concentrations and exposures across industries, manufacturers, equipment types, and geographic markets.
- Analyze portfolio performance, remarketing outcomes, and residual realization trends.
- Support reserve analysis, impairment reviews, and portfolio forecasting initiatives.
- Develop management reporting and key performance indicators related to asset performance and profitability.
- Develop customer purchase, renewal, extension, upgrade, end-of-term pricing, and disposition strategies.
- Lead remarketing efforts for returned and recovered equipment.
- Build and manage relationships with dealers, brokers, auction companies, manufacturers, and other remarketing partners.
- Maximize asset recoveries while supporting customer retention and portfolio profitability.
SKILL / QUALIFICATIONS:
- Bachelor’s degree in Finance, Business, Accounting, Economics, or a related field.
- 10+ years of experience in equipment finance, leasing, asset management, remarketing, valuation, or related disciplines.
- Demonstrated expertise in equipment valuation and residual risk management.
- Strong understanding of equipment finance structures, including FMV leases and other residual-based products.
- Experience supporting transaction pricing and complex commercial equipment finance transactions.
- Advanced analytical, financial modeling, and portfolio management skills.
- Excellent communication and relationship management capabilities.
- Experience supporting vendor finance programs and manufacturer relationships preferred.
- Familiarity with transportation, construction, industrial, technology, manufacturing, and specialty equipment markets preferred.
- Experience building or leading an asset management function within a growth-oriented organization preferred.
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