Remote Director of Asset Management (CT & I)

PEAC Solutions; Connecticut; Remote; USD 140,000 - 155,000; Full time

Job summary

PEAC Solutions is seeking a Director of Asset Management to lead our asset management unit across CT & I, overseeing residuals, valuations, and end-of-term strategies for construction, transportation, and industrial equipment.

You will partner with Sales, Credit, Operations, Finance, and Legal to maximize recovery, reduce inventory time, and drive profitable growth while traveling as needed.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or related field preferred, or equivalent industry experience.
• 7+ years of equipment finance, leasing, or Asset Management experience, preferably within construction, transportation, material handling, or industrial equipment.
• Strong knowledge of equipment valuation, residual risk, remarketing, and end-of-term strategies.
• Strong financial and analytical skills with the ability to interpret market and portfolio data and make informed decisions.
• Excellent negotiation, leadership, communication, and problem-solving skills.
• Strong relationship-management skills with dealers, manufacturers, and other industry partners.
• Proficiency in Excel, PowerPoint, and Word.
• Self-motivated, collaborative, and able to work independently in a fast-paced environment.
• Ability to travel as needed.

Responsibilities

• Establish residual values and current market valuations for construction, transportation, material handling, and industrial equipment.
• Develop and maintain residual matrices, conduct annual residual reviews, monitor portfolio performance, identify potential triggering events, and recommend impairment or risk-mitigation actions when appropriate.
• Maintain knowledge of CT&I equipment markets, industry trends, technology, regulations, supply and demand, and other factors that may impact equipment values and residual assumptions.
• Develop and execute strategies for the sale of off-lease and repossessed equipment. Manage equipment returns, inspections, repossessions, and disposition activities to maximize recovery and minimize time in inventory.
• Monitor asset performance and identify opportunities to improve residual performance, remarketing results, and end of term income.
• Develop and maintain strong relationships with dealers, manufacturers, auction houses, brokers, inspection providers, and other remarketing channels.
• Lead assigned Asset Management team members and collaborate with Sales, Credit, Operations, Collections, Finance, and Legal to resolve asset-related issues, improve customer experience, and support profitable business growth. Prepare and present key Asset Management results and risks to the VP, Asset Management.

Skills

Equipment finance experience

Leadership

Financial analysis

Negotiation

Communication

Problem-solving

Relationship management

Team collaboration

Travel willingness

Education

Bachelor's degree in Finance, Accounting, Economics, Business, or related field

Tools

Excel

PowerPoint

Word

Job description

PEAC Solutions is seeking a Director of Asset Management to lead our asset management unit across CT & I, overseeing residuals, valuations, and end-of-term strategies for construction, transportation, and industrial equipment.

You will partner with Sales, Credit, Operations, Finance, and Legal to maximize recovery, reduce inventory time, and drive profitable growth while traveling as needed.