EverBank

Sr. Equipment Finance Asset Manager

EverBank  •  Parsippany, NJ (Onsite)  •  23 hours ago
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Job Description

Sr. Equipment Finance Asset Manager
The Equipment Finance Asset Manager Sr is responsible for managing an end-of-lease vendor equipment portfolio management team that maximizes the end of lease performance by administering end of lease negotiations with vendor partners and customers to maximize renewal opportunities and in place equipment sale opportunities. Manages the inventory of returned equipment and repossessions to maximize gain on disposition and recoveries. Manages the process of early buyout and payoff requests to ensure accuracy and efficiency. Ensures minimal portfolio delinquency of equipment in renewal. Responsible for the development and management of external remarketing sources including equipment vendors and remarketers. Serves as a backup when need in establishing equipment residual values and thoroughly researches collateral / markets to make accurate residual value recommendations across a broad spectrum of asset types and industries in a vendor equipment leasing environment.

Key Responsibilities and Duties

  • Highly experienced in complex leases documentation, vendor program agreements and remarketing agreements and has a through understanding of equipment lease accounting methodologies across many transaction types including: FMV, TRAC, Split-TRAC, DFL's and loans. Experience in preparing amortization schedules and structuring of equipment leases.
  • Possesses strong negotiation, strategic selling and relationship management skills with the ability to foster these attributes within the team.
  • Must be able to effectively communicate with senior management of vendor partners and senior credit management. Must possess strong cross functional abilities to influence desired outcomes with finance, operations and originations teams.
  • Serves as a key point for escalation for internal and external customers to provide resolution on complex asset management issues combined with strong organizational skills with attention to detail, planning and follow-up.
  • Continuously evaluates the portfolio to identify potential early sale opportunities, disposition, or termination of leases to maximize sale proceeds and enhance portfolio yield. A high degree of critical thinking to recognize equipment, portfolio and market risks & opportunities and the ability to balance and manage these risks.
  • Contributes to improvement of policies, procedures and processes to enhance asset management operational efficiency and remarketing efforts.
  • Manages team performance through regular, timely feedback as well as the formal performance review process to ensure delivery of exceptional portfolio outcomes and to foster team member engagement, motivation, and development.
  • Responsible for ensuring satisfactory regulatory and internal compliance results.

Minimum Qualifications

  • 5 years of experience in the financial services industry
  • Knowledge and understanding of equipment financing including loans and leases

Preferred Qualifications

  • 7+ years of experience in equipment financing
  • Strong experience in transportation and construction domains
  • Prior experience with LeaseWorks or similar platform

Educational Requirements

  • University (Degree) Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work


Career Level
8PL

Qualifications

Posting end date - 8/31/26

Pay Range


$133,719 - $180,915

Pay & Benefits Summary

EverBank, N.A. is committed to the well-being of its associates. That's why we offer a comprehensive Total Rewards package commensurate with the position and job-related qualifications, skills and knowledge. The Company's comprehensive Total Rewards package provides choice and flexibility and respects differences. The following benefits are available through the Company:

  • Medical, dental, vision & HSA/FSA
  • 401(k) savings
  • Paid holidays & generous PTO
  • Additional wellness & voluntary benefits

Additional Company-provided benefit options (subject to plan terms):

  • Tuition reimbursement
  • Commuter Benefits
  • Life and Disability Insurance

Disclaimer

This job description is not intended to be a comprehensive list of duties, responsibilities or activities that are required to perform this job. Duties, responsibilities and activities may change without notice.

Job Seeker Notice

EverBank, N.A. is a nationwide specialty bank providing high-value products and services to consumer and commercial clients nationwide. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers.

The Company's commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money.

VEVRAA Federal Contractor

Member FDIC

EverBank

About EverBank

We’re a premium performance banking partner. A specialty bank that delivers reliability, security and deep expertise in the form of high-value products and services to consumer and commercial clients across the nation online or at our financial centers in Florida and California. We’re committed to ensuring your money reaches its greatest potential. As a client, you will always have the advantage.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Jacksonville, FL
Year Founded
Unknown
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