What are the responsibilities and job description for the VP Asset Management position at Wintrust?
Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries, including transportation, construction, manufacturing, energy services, aviation, and turn-key property, plant, and equipment, among others. Wintrust Asset Finance is an affiliate of Wintrust, a financial services company with more than $62 billion in assets.
Why join us?
- An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
- Family-friendly work hours
- With 175 community bank locations, we offer opportunities to grow and develop in your career
- Promote from within culture
Why join this team?
Job Description Summary
The AM will be responsible to work within the commercial leasing team to establish accurate equipment values, negotiate the "End of Lease" and "Early Termination" transactions directly with customers, diligently dispose of returned equipment, as well as assist with the overall equipment portfolio management and ad hoc departmental special projects.
The position requires the incumbent to participate in "Residual Setting Function" for new transactions by performing equipment research, transaction assessments and lessee situational overviews as well as following general technological and regulatory trends related to the leased equipment.
Additionally the incumbent is required to perform the "Remarketing Function" by securing and evaluating the "End of Lease" equipment and documentation information to include equipment identification, market research and value assessment, lease agreement review, and lessee situational overview.
What You'll Do
Knowledge / Skills / Background / Experience
Benefits
Medical Insurance
Compensation
The estimated salary range for this role is $98,000 - $132,000 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience
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From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicago's Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.
Salary : $98,000 - $132,000
