What are the responsibilities and job description for the Asset Management Specialist - Equipment Finance position at Peoples Security Bank & Trust Company?
Job Description
The Equipment Finance Asset Manager plays a vital role in our 1st Equipment Finance team, overseeing the management, valuation, and disposition of assets related to the equipment finance portfolio. This includes maximizing value and minimizing risks associated with leased or financed equipment.
Key Responsibilities:
- Oversee asset management, ensuring proper tracking, valuation, and assessment of condition.
- Regularly review portfolio performance to identify risks or opportunities related to asset value and market trends.
- Conduct ongoing asset appraisals to assess current value and mitigate potential losses.
- Manage remarketing and disposition of equipment assets at the end of finance terms or in case of default.
