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Equipment Finance Asset Valuation Manager II
Job in
Newark, Essex County, New Jersey, 07175, USA
Listed on 2026-06-13
Listing for:
EverBank
Full Time
position Listed on 2026-06-13
Job specializations:
-
Finance & Banking
Corporate Finance, Risk Manager/Analyst
Job Description & How to Apply Below
The Equipment Finance Asset Valuations Manager II is responsible for proactively managing and establishing equipment residual values, conducting in-depth collateral/market analysis of existing residual exposure, and thoroughly researching collateral/markets to make accurate residual value recommendations across a broad spectrum of asset types and industries in a vendor equipment leasing environment. Works on large, complex transactions with unique asset types and works closely with the originations teams in structuring transactions to mitigate residual risk and develop sound end‑of‑lease return provisions.
Key Responsibilities and Duties- Performs in‑depth collateral/market analysis of existing residual exposure and reviews/updates residual values monthly. Reviews collateral evaluations and residual analyses supporting credit recommendations.
- Works within assigned credit authority, escalating as required within approval authorities and subject matter expertise.
- Forecasts residual values based on historical, current and anticipated valuation, and interprets trends that may impact future values.
- Coaches and reviews the work of lower‑level asset management professionals.
- Provides residual positions on special bids and exception transactions as needed within approval guidelines and authorities.
- Appraises collateral value in new markets and one‑off transactions to project OLV/FLV curves.
- Key participant in impairment testing following approved methodology. Assists with policy compliance initiatives and provides support on projects where appropriate.
- Assists in white paper analysis on collateral types and industry segments supporting the overall residual policy, including competitors, technology, methodology, and positions.
- Requires a thorough understanding of Healthcare, Transportation, Industrial, Construction, and Information Technology equipment.
- University degree preferred.
- 5+ years of proven experience analyzing collateral, forecasting residual values, and managing asset risk in leasing or equipment finance environments.
- Strong financial and market analysis skills.
- Ability to conduct in‑depth collateral analysis, evaluate OLV/FLV curves, and interpret market trends affecting asset values.
- Knowledge of multiple equipment sectors.
- 7+ years of advanced experience in residual risk and asset management.
- Deep expertise in structuring complex leasing transactions and mitigating residual risk across diverse asset portfolios.
- Leadership and coaching experience.
5+ years required; 7+ years preferred.
Physical RequirementsSedentary work.
Career Level8IC
Compensation$123,557 – $167,165
Benefits- Medical, dental, vision & HSA/FSA
- 401(k) savings
- Paid holidays & generous PTO
- Additional wellness & voluntary benefits
- Tuition reimbursement
- Commuter benefits
- Life and disability insurance
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