Banking Asset Operations Manager

MachineryMax; United States; On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical and Dental Insurance

Retirement Plan (401k)

Responsible Paid Time Off

Job summary

MachineryMax is seeking a Banking Asset Operations Manager to oversee the recovery and management of bank-owned assets. You will be the key liaison between MachineryMax and banking partners, ensuring compliance throughout the asset disposition lifecycle.

The ideal candidate must have experience in asset recovery and strong communication skills. Competitive salary and benefits including medical insurance and a retirement plan.

Qualifications

• Experience in asset recovery, financial asset disposition, remarketing, logistics, or auction operations.
• Direct experience working with banks or financial institutions.
• Strong understanding of recovery workflows and documentation requirements.

Responsibilities

• Serve as the primary operational point of contact for banks and financial institutions.
• Develop strong working relationships with stakeholders.
• Manage asset intake following repossession or recovery.

Skills

Asset recovery

Financial disposition

Remarketing

Logistics

Auction operations

Strong communication

CRM systems

Job description

About MachineryMax

At MachineryMax, we are redefining the industrial equipment auction industry with a mission to become the foremost online auctioneer. Leveraging decades of expertise, exceptional customer service, and state‑of‑the‑art technology, we deliver unparalleled value for sellers and buyers alike. Our honest and hardworking team thrives on creating Win/Win/Win opportunities that maximize outcomes for all parties. Whether you are buying or selling, MachineryMax offers tailored solutions to meet the needs of businesses of any size.

About the Role

The Banking Asset Operations Manager supports MachineryMax’s Banking Division by overseeing the recovery, management, and disposition of bank‑owned and lender‑controlled assets. This role serves as the primary operational liaison between MachineryMax and banking, financial, and legal partners, ensuring assets move efficiently from recovery through sale while meeting documentation, compliance, and reporting requirements.

Reporting to MachineryMax’s co‑CEO, the role also contributes to relationship development and ongoing engagement with banks, financial institutions, bankruptcy trustees, and attorneys involved in distressed asset recovery and remarketing. This position requires strong operational judgment, attention to detail, and the ability to manage multiple assets and stakeholders in a fast‑moving environment.

Responsibilities

• Serve as a primary operational point of contact for banks and financial institutions throughout the asset recovery and disposition lifecycle.
• Develop and maintain strong working relationships with banks, financial institutions, bankruptcy trustees, and attorneys to support the remarketing of heavy machinery, rolling stock, land, and related assets.
• Manage asset intake following repossession or recovery, ensuring completeness of documentation and compliance with lender requirements.
• Coordinate repossession agents, transport providers, storage facilities, and staging locations to meet disposition timelines.
• Identify risks, delays, or exceptions early and elevate with recommended solutions.
• Prepare, review, and submit required recovery and disposition documentation, including agent assignments, asset records, and condition reports.
• Oversee asset inspections, condition assessments, cleaning, staging, and photography to support accurate valuation and sale readiness.
• Provide asset valuation estimates based on market conditions, asset condition, recovery objectives, and disposition strategy.
• Provide regular status updates, recovery timelines, and disposition reporting to banking partners.
• Maintain accurate and auditable records in CRM systems from intake through final sale.
• Collaborate with auction, sales, and operations teams to ensure assets are marketed and disposed of efficiently.
• Support leadership and marketing by sourcing, reviewing, and analyzing inbound opportunities, including bankruptcy‑related leads and recovery pipelines.
• Assist with proposal preparation and responses to RFPs to expand MachineryMax’s banking and financial services book of business.

Qualifications

• Experience in asset recovery, financial asset disposition, remarketing, logistics, or auction operations.
• Direct experience working with banks, lenders, or financial institutions in an operational or client‑facing role.
• Strong understanding of recovery workflows, disposition timelines, and documentation requirements including UCC filings, appraisals, and settlement coordination.
• High attention to detail with an emphasis on accuracy, compliance, and recordkeeping.
• Strong written and verbal communication skills for reporting and partner interaction.
• Ability to manage multiple active assets and deadlines simultaneously.
• Experience with CRM systems and standard business tools.
• Must maintain confidentiality and adhere to partner and regulatory requirements.
• Familiarity with industrial equipment or machinery is a strong plus.
• Strong relationship‑building skills with banks and financial institutions.
• Confidence, professionalism, and persistence when working through complex recovery or distressed asset situations.
• Bonus: experience working with debtors or repossession scenarios.
• Bonus: American Society of Appraisers (ASA) certification.

Compensation & Benefits

• Competitive salary based on experience.
• Medical and Dental Insurance to support your health and wellness.
• Retirement Plan (401k) to help you plan for the future.
• Responsible Paid Time Off for a healthy work‑life balance.

Employment Conditions

• Successful completion of reference checks and background screening.
• Proof of eligibility to work in the United States.
• Agreement to maintain confidentiality, including intellectual property, client records, and proprietary business information during and after employment.

Equal Employment Opportunity

MachineryMax is an Equal Employment Opportunity (EEO) Employer. We are committed to fostering an inclusive workplace that values diversity and equal opportunities for all employees.