Director, Equipment Finance – Asset Management

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🏈 Alabama – Remote

🏈 Alabama – Remote

⏰ Full Time

🔴 Lead

💸 Financial Planning and Analysis (FP&A)

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Hancock Whitney

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1899

🏥 Healthcare

📦 Logistics

🏦 Banking

Healthcare • Logistics • Banking

Hancock Whitney is a financial services company offering a range of personal, business, and commercial banking services. The company provides checking and savings accounts, loans, credit cards, currency exchange, and comprehensive digital banking services for individuals and businesses. Additionally, Hancock Whitney offers commercial loans, equipment finance, asset-based lending, treasury management, and payment solutions. Their wealth management services include private banking, investment management, trust services, and financial planning. Hancock Whitney is committed to community involvement and supports various social and environmental initiatives. The company is dedicated to delivering excellent customer service, backed by over a century of experience in the financial industry.

📋 Description

• Responsible for all aspects of the Equipment Finance collateral valuation and management of the leased residual portfolio • Work closely with the Managing Director of Equipment Finance and the Bank's Credit function to analyze risk on a transactional basis and for the overall portfolio • Plans, organizes and manages all daily asset management activities to include collateral and residual evaluation; residual setting; mid-term portfolio monitoring and management; FASB reviews; inspections; end of lease negotiations, workout/collections and re-marketing • Provides day-to-day strategic direction in portfolio investments to include composition and concentrations of asset portfolio risk • Responsible for the development and maintenance of policies, procedures and controls to deliver, administer and manage the Equipment Finance product of financed assets • Develops and maintains policies, maintenance of internal controls for Sarbanes Oxley, process work flow and schedule of authority • Partners with Equipment Finance sales team to train, develop equipment expertise and deliver accurate and expedient evaluations and transaction structures • Review and approve relevant equipment use, maintenance, return and relevant loan/lease documents • Engage and review all third party appraisals and relevant reports to support Equipment Finance, Bank and Special Assets

🎯 Requirements

• Bachelor's degree in Business or Finance or related field required • 5 years of relevant asset management experience will be considered • 10+ years of equipment leasing experience and asset management experience • ASA or other appraisal certification preferred • Thorough understanding of and advanced knowledge of equipment sale and resale markets • Advanced knowledge and working relationships within the Asset Management segment of Equipment Finance industry, equipment resellers, used equipment brokers and equipment appraisers • Knowledge of mid and large ticket equipment leasing and finance documentation • Knowledge of appraisal processes to include the ability to perform equipment evaluations and review appraisals • Thorough understanding of and advanced knowledge of FASB and bank compliance as related to equipment leasing

🏖️ Benefits

• Equal Opportunity/Affirmative Action Employers