[Hiring] Director of Asset Management @PEAC Solutions

Role Description

PEAC Solutions is seeking a highly skilled and experienced Director of Asset Management to lead our dedicated business unit focused on Construction, Transportation, Industrial, and Material Handling assets. This role involves setting residuals, equipment valuations, creating residual matrices, remarketing equipment, repossessions, and end-of-term management. This position reports to the VP, Head of Asset Management.

• Residuals & Equipment Valuations: Establish residual values and current market valuations for construction, transportation, material handling, and industrial equipment based on market conditions, equipment characteristics, historical performance, and expected future values.
• Residual Risk Management: 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.
• Market Intelligence: Maintain strong knowledge of CT&I equipment markets, industry trends, technology, regulations, supply and demand, and other factors that may impact equipment values and residual assumptions.
• Remarketing & Asset Recovery: 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.
• Portfolio & Process Improvement: Monitor asset performance and identify opportunities to improve residual performance, remarketing results, and end of term income.
• Industry Relationships: Develop and maintain strong relationships with dealers, manufacturers, auction houses, brokers, inspection providers, and other remarketing channels to support valuations, asset recovery, and equipment disposition.
• Leadership & Collaboration: 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.

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.

Benefits

• Competitive compensation.
• Medical, dental, and vision insurance.
• Life insurance.
• Short and long-term disability.
• 401(k) with match.
• Flexible spending.
• Paid time off.
• One paid day off per year to support community involvement.
• Birthday off.