Asset Manager

Asset Manager

Home based

To £125,000 plus bonus and benefits

Our client is the fast-expanding provider of asset finance and provide a range of lending products for the UK SME and mid-corporate sectors.

As part of their ambitious plans this is a new role with the opportunity to help develop a market leading Asset Management function. This position will have responsibility for the front end valuations process, disposals and book residual risk.

• Responsibility for the portfolio of assets owned and managed in support of the leasing and hire purchase business..
• Maintain and regularly review under appropriate governance, which may include external support, Depreciation Curves relevant to the main asset types which the business funds.
• Provide an appropriate valuation for assets for new transactions where depreciation curves are not appropriate.
• Maintain and manage an appropriate panel of valuers / external database providers for sources of valuation information used in underwriting transactions, in life management and recovery situations.
• Maintain and manage an appropriate panel of Sub Hire Audit / Asset Inspection agents and ensure ongoing management and review of audit schedules and managing the outcome of reviews, taking remediation action as appropriate.
• Maintain and manage an appropriate panel of agents to be utilised in asset recovery and sale situations
• Support the Collections and Business Support functions with asset valuations, asset recovery options and asset disposal advice, and instructing agents as required in line with agreed recovery approaches.
• Provide MI to appropriate committees, including Credit Committee, on a regular basis as required, including portfolio overviews / asset concentrations / market risks, and lessons learned on recoveries. Input to Credit Policy on risk appetite on asset types and asset considerations in lending appetite.
• Responsibility for ownership / maintenance of Asset Management Framework and other supporting policies as appropriate
• Key Responsibility in supporting drafting and maintenance of other Policies as appropriate (e.g. Asset Supplier Policy, Collections and Recovery Policies, Valuation Policy, etc).

In the first instance please send your CV in strict confidence