Director, Asset Management (Equipment)

Pathward, N.A.; United States; Híbrido; USD 125.000 - 208.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Health insurance

401(k) retirement benefits

Life insurance

Disability benefits

Paid time off

Descripción de la vacante

Pathward, N.A. is seeking a Lead, Asset Management in Equipment Finance to oversee valuations, pricing, end-of-lease activity, and collateral risk.

You will guide the team responsible for returns, buyouts, payoffs, and fair market value determinations, while partnering with Credit and Sales to structure deals and calibrate advance rates. In this role, you will develop and enforce collateral policies, manage third-party appraisals and the remarketing network, and ensure performance reporting and

Formación

• Bachelor's degree or equivalent education and work experience.
• 8+ years with bachelor's or equivalent.
• The ability to manage multiple competing priorities.
• Excellent communication skills including verbal, written, and presentation.
• The ability to partner and influence at various levels, both internally and externally.
• Strong collateral and valuation knowledge across multiple asset categories.

Responsabilidades

• Oversee all machinery and equipment collateral valuations, lease residual setting, pricing (work with Credit and Sales to structure deals, recommend advance rates, review pricing for accuracy and reasonableness), end of lease, repossessions, asset disposition, asset monitoring, and performance reporting.
• Develop and oversee the execution of all policies and procedures pertaining to collateral within Equipment Finance, including, but not limited to, reviewing and maintaining equipment return/maintenance provisions, providing support on landlord waivers and access agreements, etc.
• Manage the work, performance, and development of the Asset Management team. The Asset Management team handles all lease returns, equipment buyouts and loan payoffs, and determines Fair Market Value at the end of the lease.
• Manage the remarketing of equipment and develop a third-party network of resellers and appraisers to liquidate and value collateral.
• Oversee quarterly/annual collateral review process, including true lease residual impairment testing.
• Appraisal review including development of scope of work for 3rd party appraisals.
• Manage equipment inspections, including selection of inspectors and specific inspection criteria.
• Other duties as assigned

Conocimientos

Asset valuation

Stakeholder influence

Communication skills

Prioritization

Educación

Bachelor's degree or equivalent

Descripción del empleo

We are a hybrid, remote-office company dedicated to growing our talent anywhere!

We have onsite locations in: Sioux Falls, SD, Phoenix, AZ, Louisville, KY, Troy, MI, Franklin, TN, Easton, PA.

At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™.We area financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.

We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our*HUMBLE*HUNGRY*SMARTapproach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.

About the Role:

Lead Asset Management department for Equipment Finance, including providing valuation analysis and support to Working Capital and Structured Finance Groups

What You Will Do:

• Oversee all machinery and equipment collateral valuations, lease residual setting, pricing (work with Credit and Sales to structure deals, recommend advance rates, review pricing for accuracy and reasonableness), end of lease, repossessions, asset disposition, asset monitoring, and performance reporting.
• Develop and oversee the execution of all policies and procedures pertaining to collateral within Equipment Finance, including, but not limited to, reviewing and maintaining equipment return/maintenance provisions, providing support on landlord waivers and access agreements, etc.
• Manage the work, performance, and development of the Asset Management team. The Asset Management team handles all lease returns, equipment buyouts and loan payoffs, and determines Fair Market Value at the end of the lease.
• Manage the remarketing of equipment and develop a third-party network of resellers and appraisers to liquidate and value collateral.
• Oversee quarterly/annual collateral review process, including true lease residual impairment testing.
• Appraisal review including development of scope of work for 3rd party appraisals.
• Manage equipment inspections, including selection of inspectors and specific inspection criteria.
• Other duties as assigned

What You Will Need:

• Bachelor's degree or equivalent education and work experience
• Typically, 8+ years with bachelor's or equivalent
• The ability to manage multiple competing priorities.
• Excellent communication skills including verbal, written, and presentation.
• The ability to partner and influence at various levels, both internally and externally.
• Strong collateral and valuation knowledge across multiple asset categories

The responsibilities listed above are not all inclusive and may be changed at any time.

Salary range: $125,000– $208,000

The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.

We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran status, status as a victim of domestic violence or any other class protected by federal, state and local laws.

Knowingly submitting false information will result in disqualification for consideration of future positions, termination of employment and forfeiture of other rights.