Equipment Finance Asset Manager (REMOTE OPPORTUNITY)

Description

At Regions, the Equipment Finance Asset Manager is responsible for appraising commercial equipment to establish an accurate valuation, negotiates and enforces various end-of-lease transactions, disposes of returned equipment and assists with overall management of an equipment finance portfolio.

The position works within objectives, policies and plans which support Regions' Equipment Finance models and aligns with Bank strategy.

Primary Responsibilities

Researches various equipment types to project present and future equipment values for the purpose of providing residual pricing to the marketing, credit, or PAM in a timely and thorough manner

Understand components of equipment leasing to ensure prudent equipment covenants are incorporated into lease / loan documentation to protect equipment value and mitigate risk

Monitors the various equipment markets for technology changes, market influences and regulatory changes that affect value of leased equipment and residual pricing

Performs and coordinates portfolio and administration activities as assigned and required by policy

Works with customers, internal partners, and third parties to amiably maximize gain and mitigate loss in equipment dispositions

Performs equipment inspections as needed and arrange outside third party inspections and appraisals as requested

May spearhead special projects / activities assigned by department manager

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

Bachelor's degree in Business, Finance, Accounting, or related field and five (5) years of relevant banking / finance / leasing or asset management experience

A High School Diploma or GED and nine (9) years' of relevant banking / finance / leasing or asset management experience may substitute for a Bachelor’s degree

Preferences

Equipment financing and / or asset management experience

Master of Business Administration

American Society of Appraisers (ASA) affiliation and / or designation

Skill and Competencies

Ability to travel periodically and attend seminars and training as requested

Ability to work individually, and on team

Detail oriented

Excellent computer skills (Microsoft Office, Excel, Word, etc.)

Excellent written and verbal communication skills.

Proven ability to establish and cultivate internal and external relationships as necessary to support function and business

Sense of urgency

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include : experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role.

As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target :

$89,341.20 USD$108,650.00 USD

Incentive Pay Plans :

This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation / Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.

To learn more about Regions’ benefits, please click or copy the link below to your browser.

Location Details

Regions Center

Location : Birmingham, Alabama

Birmingham, Alabama

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer.

More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure : Equal Opportunity Employer / Disabled / Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting.

Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.