Equipment Finance Asset Valuation Manager II
EverBank · Washington, United States · 1 mo ago
RemoteRemoteFinance$124k–$167k/yrFull-time
About the role
Proactively manage and establish equipment residual values, conduct in-depth collateral and market analysis of existing residual exposure, and thoroughly research collateral and markets to make accurate residual value recommendations across a broad spectrum of asset types and industries in a vendor equipment leasing environment. Work on large, complex transactions with unique asset types and collaborate closely with originations teams to structure transactions, mitigate residual risk, and develop sound end-of-lease return provisions.
Responsibilities
- Perform in-depth collateral and market analysis of existing residual exposure and review/update residual values monthly.
- Review collateral evaluations and residual analyses supporting credit recommendations.
- Work within assigned credit authority, escalating as required within approval authorities and subject matter expertise.
- Forecast residual values based on historical, current, and anticipated valuation, and interpret trends that may impact future values.
- Coach and review the work of lower-level asset management professionals.
- Provide residual positions on special bids and exception transactions as needed within approval guidelines and authorities.
- Appraise collateral value in new markets and one-off transactions to project OLV/FLV curves.
- Participate in impairment testing following approved methodology.
- Assist with policy compliance initiatives and support projects where appropriate.
- Contribute to white paper analysis on collateral types and industry segments, supporting overall residual policy, including competitors, technology, methodology, and positions.
- Demonstrate thorough understanding of Healthcare, Transportation, Industrial, Construction, and Information Technology equipment.
Requirements
- University degree preferred.
- 5+ years of proven experience analyzing collateral, forecasting residual values, and managing asset risk in leasing or equipment finance environments.
- Strong financial and market analysis skills.
- Ability to conduct in-depth collateral analysis, evaluate OLV/FLV curves, and interpret market trends affecting asset values.
Preferred Qualifications
- 7+ years of advanced experience in residual risk and asset management on Construction, Transportation, Material Handling, or Mining equipment types.
- Deep expertise in structuring complex leasing transactions and mitigating residual risk across diverse asset portfolios.
- Strong reporting, MS Office, and data analytics skills.
- Leadership and coaching experience.
Role-specific work experience: 5+ years required; 7+ years preferred.
Physical Requirements
Sedentary work.
Pay
$123,557 - $167,165
Benefits
- Medical, dental, vision, and HSA/FSA options.
- 401(k) savings plan.
- Paid holidays and generous PTO.
- Additional wellness and voluntary benefits.
- Tuition reimbursement.
- Commuter benefits.
- Life and disability insurance.