VP, Sr. Asset Manager

Axos Bank

Target Range:

$145,000.00/Yr. - $180,000.00/Yr.

Actual starting pay will vary based on factors including, but not limited to, geographic location, experience, skills, specialty, and education.

Eligible for an Annual Discretionary Cash Bonus Target: 12.5%

Eligible for an Annual Discretionary Restricted Stock Units Bonus Target: 12.5%

These discretionary target bonuses may be awarded semi-annually based upon your achievement of performance goals and targets.

About This Job

As a Senior Asset Manager, you will be responsible for supporting Verdant Commercial Capital in all Industrial equipment-oriented activities related to residual risk evaluation and analysis. Assets acquired through actions & repossession.

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

Qualifications:

• Bachelor's degree
• Minimum 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

Axos Employee Benefits May Include:

• Medical, Dental, Vision, and Life Insurance

• Paid Sick Leave, 3 weeks’ Vacation, and Holidays (about 11 a year)

• HSA or FSA account and other voluntary benefits

• 401(k) Retirement Saving Plan with Employer Match Program and 529 Savings Plan

• Employee Mortgage Loan Program and free access to an Axos Bank Account with Self-Directed Trading

About Axos

Born digital-first, Axos delivers financial tools and services that allow individuals, small businesses, and companies to access and manage their money how, when, and where they want. We’re a diverse team of dynamic, insightful, and independent innovators who are excited to provide technology-driven solutions that offer unbeatable value to our customers.

Axos Financial is our holding company and is publicly traded on the New York Stock Exchange under the symbol "AX" (NYSE: AX).

Learn more about working at Axos

Pre-Employment Background Check and Drug Test:

All offers are contingent upon the candidate successfully passing a credit check, criminal background check, and pre-employment drug screening, which includes screening for marijuana. Axos Bank is a federally regulated banking institution. At the federal level, marijuana is an illegal schedule 1 drug; therefore, we will not employ any person who tests positive for marijuana, regardless of state legalization.

Equal Employment Opportunity:

Axos is an Equal Opportunity employer. We are committed to providing equal employment opportunities to all employees and applicants with