22 Oct
|
Gordon Brothers
|
Melbourne
22 Oct
Gordon Brothers
Melbourne
Manager, Equipment Management, Commercial Equipment Finance
About Gordon Brothers:Since 1903, Gordon Brothers has helped companies unlock the potential of their assets. Our solutions-oriented approach combined with over 120 years of industry knowledge enables clients to get the most value from their assets with tailored solutions across asset services, asset lending and financing, and asset trading. Leveraging our deep expertise in retail, industrial, brands and real estate, we work closely with clients globally to determine the value of, lend against, or buy and sell their assets to help them achieve their business goals.At Gordon Brothers, we foster a culture of collaboration and creativity to find unique and innovative solutions for our clients. We take pride in fostering an engaging, inclusive culture and encouraging employees to bring new ideas to the table, develop their skills, and build dynamic and fulfilling careers.For more information, please visit www.gordonbrothers.com.
About Gordon Brothers:Since 1903, Gordon Brothers has helped companies unlock the potential of their assets. Our solutions-oriented approach combined with over 120 years of industry knowledge enables clients to get the most value from their assets with tailored solutions across asset services, asset lending and financing, and asset trading. Leveraging our deep expertise in retail, industrial, brands and real estate, we work closely with clients globally to determine the value of, lend against, or buy and sell their assets to help them achieve their business goals.At Gordon Brothers, we foster a culture of collaboration and creativity to find unique and innovative solutions for our clients. We take pride in fostering an engaging,
inclusive culture and encouraging employees to bring recent ideas to the table, develop their skills, and build dynamic and fulfilling careers.For more information, please visit www.gordonbrothers.com.
Description
As a growing private credit lending team, Gordon Brothers Commercial Equipment Finance has an opening for a Manager role within our Equipment Management Group. This position reports directly to the Senior Director, Equipment Management. This position will assist the sales and risks teams in successfully structuring and underwriting equipment risk on new transactions, monitors the existing portfolio and assists in such activities as early buyouts, end of lease negotiations, equipment returns and inventory remarketing. The successful individual will work all aspects of deals from origination to termination leveraging their well-developed valuation and negotiation skills, equipment and industry knowledge and relationships. The Commercial Equipment Finance team is based on Long Island in Melville, New York. This individual does not need to be in Melville but must have an ability to travel domestically 10% or more of the time.
Success will be measured by contributing to Equipment Finance’s overall business objectives: originating, evaluating, and executing on leases throughout the product lifecycle resulting in increased deal opportunities/fundings, revenue and profitability.
JOB RESPONSIBILITIES/ESSENTIAL JOB FUNCTIONS
- Build and expand relationships within Gordon Brothers and work with the Senior Director to act as trusted advisor on industry and market trends, equipment values and resale/liquidation strategies.
- Evaluate and forecast current and future market conditions, equipment values and technology trends to provide expert guidance to internal and external stakeholders.
- Recommend residuals, residual matrices and supporting lease documentation including maintenance and return, purchase option and notice provisions.
- Provide inspection and appraisal support for new and existing transactions.
- Assist in the lease termination process including early and end of lease buy-outs, lease renewal negotiations, equipment returns and inventory management.
- Assist in remarketing returned equipment for lease and/or sale including developing appropriate go-to-market strategies to maximize return and minimize risk.
- Participate in portfolio reviews including lease profitability forecasting and impairment reviews.
- Assist in troubled asset remediation including collection, inspection, valuation, litigation and repossession activities.
EDUCATION, EXPERIENCE
- BA/BS preferred or equivalent work experience.
- 3+ years’ direct experience in an asset manager role with a heavy focus in equipment management, underwriting and portfolio management.
- Experience in a rapid paced, complex, deal-driven, equity/capital risk environment.
- ASA is a plus.
KNOWLEDGE, SKILLS, ABILITIES
- Sophisticated business and financial acumen. Experience with commercial transactions including operating leases, sale-lease backs, credit, structuring, do
📌 Manager, Equipment Management, Commercial Equipment Finance (Melbourne)
🏢 Gordon Brothers
📍 Melbourne