Equipment Management Officer II
| Company | Bank of America |
|---|---|
| Location | San Francisco, CA, USA, Providence, RI, USA, Chicago, IL, USA, New York, NY, USA |
| Salary | $89700 – $145000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- 5+ yrs experience in an equipment management role. A strong preference for a background in customer negotiations – providing remarketing solutions in a broad range of equipment types and equipment markets.
- Must have experience with equipment management to include understanding of the various lease transaction types (TRAC, synthetic, fair value market, fixed price purchase option, etc.)
- Experience obtaining current equipment values, negotiating renewals, documenting payoffs and participating in the annual portfolio reviews.
- Must have excellent client relations skills
- Advanced communication, marketing and negotiation skills
- Ability to influence others and work precisely, while managing changing priorities.
Responsibilities
- Build ongoing relationships with internal and external customers – negotiating equipment buy-outs, lease renewals and equipment sales.
- Evaluate current market conditions and prices for equipment based on research and analysis of the used equipment market. Make prudent sell/hold decisions.
- Assess equipment condition/values based on the Maintenance and Return language from the lease.
- Manage the process of remarketing and re-leasing a high volume of assets across a wide range of equipment types (excluding aircraft).
- Be creative in selling equipment in place in order to maximize sale proceeds and minimize the risk associated with equipment returns.
- Evaluate new target markets and provide responsive support for analyzing, winning and managing new investment opportunities.
Preferred Qualifications
- Bachelor’s degree – Accounting, Engineering, Finance, Economics, Math or other Business concentration; Membership and training from the American Society of Appraisers preferred.