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Asset Manager

  • Denver, CO
  • Credit and Syndications
  • TransLease
  • Full-Time

The Asset Manager evaluates, reviews, and researches various types of transportation equipment to accurately determine values for several asset classes. In addition to overseeing the remarketing process for all returned equipment, including end of lease and repossessed assets, the Asset Manager collaborates with the Credit Department to assist in determining acceptable residual values and suggesting appropriate finance structures. This position requires regular travel to client locations for on-site equipment inspections, along with trips to manufacturers, vendors and relevant industry gatherings as needed to carry out job duties. Transportation Industry experience is a must.WE OFFER A FULL BENEFITS PACKAGE FOR ELIGIBLE EMPLOYEES INCLUDING:Medical, Dental, and Vision InsuranceLife (Voluntary and Employer Paid) and Disability Insurance401(K) with company match beginning with your first contribution.HSA and/or FSA, as applicablePaid Time Off, Sick Time, and Company Paid HolidaysEmployee Car Discount ProgramESSENTIAL DUTIES & RESPONSIBILITIES:Stay informed about the latest market trends, changes in demand and pricing activity within the transportation industry.Knowledge of secondary, wholesale and retail markets to make well-informed decisions aimed at maximizing value and reducing loss.Manage the third-party appraisal and remarketing process.Responsible for equipment valuations and approving acceptable residual values.Negotiates and enforces end-of-lease transactions and disposes of returned equipment.Establish and forecast collateral and residual values for equipment lease transactions including researching and analyzing technological trends and developments affecting residual exposure.Work with customers, internal departments and third parties to develop strategies that minimize loss.Develop and manage various remarketing channels for all equipment types.Must be able to travel periodically to perform inspections, attend seminars and/or training.May perform other duties as assigned by manager.WORK ENVIRONMENT & PHYSICAL ABILITIES:Requires frequent sitting, standing, balancing, bending or stooping for prolonged periods of time.Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator and other office equipment.Ability to communicate by providing verbal feedback in a professional manner.Ability to receive and analyze data and input into the computer.Ability to lift/push/pull up to 30 lbs.Normal range of hearing and vision.REQUIRED EDUCATION, EXPERIENCE, KNOWLEDGE & SKILLS:Valid Driver's License and MVR in good standing.Bachelor’s degree and five years of relevant asset management experience preferredASA or equivalent appraisal certification preferredExperience within the transportation industry is preferredProficient with Microsoft Office applicationsAbility to successfully complete a General Abilities Assessment and pass a post-offer background check, physical and drug screening.JOB DETAILS:Type: SalaryCompensation Range: $108,000.00 to $120,000.00Reports To: PresidentShift: M-F, 8AM-5PMClosing Date: When Filled#TLRead More

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Employee Benefits

At Trans Lease, you’ll have the chance to work and grow with leading experts in the commercial vehicle financing industry. You’ll join a close-knit team that’s delivering leading-edge service to an industry that’s the backbone of the country.

We provide our employees with a full benefits package, including:

  • Medical, dental, and vision insurance
  • Advancement and learning opportunities
  • Retirement savings plans
  • Competitive pay
  • And more

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