|CAREERS IN LEASING|
|Salary:||£55,000 - £65,000 plus excellent bonus and benefits|
|Location:||UK, London (preferred) / or UK flexible (Homeworker)|
|Job Function:||Asset Risk & Pricing|
|Asset Type / Sector:||All Assets / Sector|
|Job Description :||J2275 - Our client is seeking an Asset Manager to build and develop a market leading Asset Management function. The scope is to develop and take responsibility for the design and day-to-day operation for this key area of the business. This position will have responsibility for the front end valuations process, disposals and own-book residual risk. Salary: £55,000 - £65,000 plus excellent bonus and benefits. Location: UK, London (preferred) / or UK flexible (Homeworker).
Due to expansion of the Asset Finance business, this is a new role with the opportunity and autonomy to build and develop a market leading Asset Management function.
You will develop and take responsibility for the design and day-to-day operation for this key area of the business.
Responsibility for the front end valuations process, disposals and own-book residual risk.
As a key liaison point, you will also be focused across the Asset Finance business in providing market intelligence and commentary which will influence Sales and Credit in ensuring that the full risk profile of assets is fully articulated in the lending process and in manging the risk profile of the book.
With fundamental knowledge across a range of Assets, you will have primary responsibility and fully accountability for the disposal of recovered assets. This will include owning relationships with re-marketing and repossession agents and selection of the most suitable recovery agent to ensure costs and returns are fully considered.
Significant revenue focus to maximise sales proceeds and report back to the business on recovered asset using knowledge in regards to different remarketing options.
Lead to the development of Asset Management policies, SOPs and input to Risk and Credit policy and ensuring all necessary regulatory and compliance requirements are adhered to and provide support to the Collections function in regards to valuations and recovery costs.
The willingness, aptitude and gravitas to own and build an Asset Management function from scratch.
In depth knowledge in Asset Management across key assets including but not limited to: Plant and machinery, Vehicles, Construction/Transportation, and agriculture equipment.
Experience of managing end of lease and disposal scenarios.
An established network of suppliers and information providers (including re-marketing / re-possession / valuation agents) which enable informed decisions on the structure and risk within the book and the selection process for recovered assets.
Process improvement around expansion of disposal outlets / re-marketing agents and routes to market within the key asset and sales verticals.
Knowledge of undertaking valuation and research work for new business propositions and problem debt cases.
Experience of owning MI reporting and providing commentary to key stakeholders.
Experience of assisting with the drafting and implementing of policy within Asset Finance.
We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.