Verdant Commercial Capital is the sixth largest independent equipment finance company in the U.S. and backed by a leading private equity investment firm. Verdant provides financing solutions for the acquisition of business essential equipment and software in six industries: Industrial; Manufacturing; Specialty Vehicle; Golf, Sports & Entertainment; Renewables & Energy Efficiency; and Technology & Office Automation. The company is headquartered in Cincinnati with offices across the U.S. Verdant has been named a Top Workplace by The Enquirer Media every year since 2022.
We are seeking a Senior Asset Manager who will be responsible for supporting Verdant Commercial Capital in all industrial equipment-oriented activities related to residual risk evaluation and analysis.
We also offer liberal work from home opportunity, competitive compensation, health benefits package, and 401(k) plan with company match.

PREFERRED KNOWLEDGE AND SKILLS

• Polished negotiation skills as they pertain to: a) structuring transactions in order to increase residual gains; and b) maximizing residual values and equipment sales proceeds in negotiations with lessees and third-party equipment buyers
• Experience working with Salesforce.com or similar CRM
• Experience working with Excel and PowerPoint
• Customer focused

ESSENTIAL FUNCTIONS/RESPONSIBILITIES

• Establishing and forecasting collateral/residual values for equipment lease transactions, including researching and analyzing technological trends and developments affecting residual exposure
• Working with the Sales Team to understand customer needs and requirements through conversations, data mining and industry publications
• Researching and evaluating new target markets and equipment types for Verdant Commercial Capital to pursue
• Sales, renewals, and early terminations of equipment under lease, including remarketing of off-lease and repossessed equipment into the secondary market
• Working to maximize gains on sale of equipment
• Conduct residual/collateral research and analysis on potential equipment lease transactions. Evaluate future value and residual risks, make residual recommendations, and prepare written residual analyses supporting recommendations on transactions
• Assist in the development of residual matrices, policies, and controls for vendor-based programs as needed
• Manage sales, renewals, and early terminations of equipment under lease, including remarketing of off-lease equipment
• Develop and manage remarketing channels for all equipment types. Provide effective remarketing of equipment to assure that maximum proceeds are obtained from disposition of equipment. Maximize gains on sale for all end of lease activity
• Complete other asset management-related projects as necessary

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES NEEDED TO PERFORM ESSENTIAL FUNCTIONS OF THE JOB

• Solid background in the equipment leasing industry with at least five years of specific experience in the vendor finance area, preferably with a top leasing company, bank, or financial institution
• Excellent verbal and written communications skills
• Strong listening and presentation skills
• Strong analytical, organizational, and time management abilities. Able to handle a wide diversity of tasks on a daily basis
• An independent self-starter with a proactive approach who will not require extensive supervision to get “up and running,” and who will be able to function autonomously
• BA/BS degree or equivalent