Senior Vice President of Asset Management

1 week ago

Irvine, California, United States Wintrust Financial Full time
Job Title: Senior Vice President of Asset Management

Wintrust Asset Finance is a leading equipment-focused financing group that offers sophisticated loan and lease products to commercial companies across various industries. As a Senior Vice President of Asset Management, you will play a vital role in providing leadership to the managed assets department, supervising a team of associates, and shaping the efficient management of the company's managed assets.

Key Responsibilities:
  • Optimize revenue through maximizing remarketing inventory, managing the end of lease process, forecasting, and maintaining accurate records.
  • Develop plans to collect overdue payments, establish goals and targets for the collection of payments.
  • Establish a consistent strategy for executing payment plans and negotiating settlement agreements.
  • Employ, train, and develop team members.
  • Work closely with Credit, bank stakeholders, and Sales teams on equipment valuations, collection strategies, end of lease terms, and remarketing of assets upon lease expiration or repossession.
Requirements:
  • 10+ years of experience in collections and managed assets.
  • Knowledge of collection laws and regulations.
  • Bachelor's degree in Accounting, Business Administration, or related field.
  • Deep understanding of applicable laws, regulations, and compliance standards.
Benefits:
  • Medical Insurance
  • Dental
  • Vision
  • Life insurance
  • Accidental death and dismemberment
  • Short-term and long-term Disability Insurance
  • Parental Leave
  • Employee Assistance Program (EAP)
  • Traditional and Roth 401(k) with company match
  • Flexible Spending Account (FSA)
  • Employee Stock Purchase Plan at 5% discount
  • Critical Illness Insurance
  • Accident Insurance
  • Transportation and Commuting Benefits
  • Banking Benefits
  • Pet Insurance

Wintrust Financial Corporation 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.

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