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Asset Manager
Transwest Denver, CO
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$102k-158k (estimate)
Full Time 3 Days Ago
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Transwest is Hiring an Asset Manager Near Denver, CO

The Asset Manager evaluates, reviews, and researches various types of transportation equipment to accurately determine values for several asset classes. In addition to overseeing the remarketing process for all returned equipment, including end of lease and repossessed assets, the Asset Manager collaborates with the Credit Department to assist in determining acceptable residual values and suggesting appropriate finance structures. This position requires regular travel to client locations for on-site equipment inspections, along with trips to manufacturers, vendors and relevant industry gatherings as needed to carry out job duties.
WE OFFER A FULL BENEFITS PACKAGE FOR ELIGIBLE EMPLOYEES INCLUDING:
    • Medical, Dental, and Vision Insurance
    • Life (Voluntary and Employer Paid) and Disability Insurance
    • 401(K) with company match beginning with your first contribution.
    • HSA match up to $800 per year
    • FSA
    • Paid Time Off, Sick Time, and Company Paid Holidays
    • And an Employee Car Discount Program
ESSENTIAL DUTIES & RESPONSIBILITIES:
    • 1. Asset Management:
    • Stay informed about the latest market trends, changes in demand and pricing activity within the transportation industry.
    • Knowledge of secondary, wholesale and retail markets to make well-informed decisions aimed at maximizing value and reducing loss.
    • Manage the third-party appraisal and remarketing process.
    • Responsible for equipment valuations and approving acceptable residual values.
    • Negotiates and enforces end-of-lease transactions and disposes of returned equipment.
    • Establish and forecast collateral and residual values for equipment lease transactions including researching and analyzing technological trends and developments affecting residual exposure.
    • Work with customers, internal departments and third parties to develop strategies that minimize loss.
    • Develop and manage various remarketing channels for all equipment types.
    • Must be able to travel periodically to perform inspections, attend seminars and/or training.
    • May perform other duties as assigned by manager.
    • Education/Experience/Licensure:
    • Bachelor's degree and five years of relevant asset management experience preferred
    • ASA or equivalent appraisal certification preferred
    • Experience within the transportation industry is preferred
WORK ENVIRONMENT & PHYSICAL ABILITIES:
    • Requires frequent sitting, standing, balancing, bending or stooping for prolonged periods of time.
    • Requires eye-hand coordination and manual dexterity sufficient to operate a keyboard, photocopier, telephone, calculator and other office equipment.
    • Ability to communicate by providing verbal feedback in a professional manner.
    • Ability to receive and analyze data and input into the computer.
    • Ability to lift/push/pull up to 30 lbs.
    • Normal range of hearing and vision.
REQUIRED EDUCATION, EXPERIENCE, KNOWLEDGE & SKILLS:
    • Valid Driver's License and MVR in good standing.
    • Bachelor's degree and five years of relevant asset management experience preferred
    • ASA or equivalent appraisal certification preferred
    • Experience within the transportation industry is preferred
    • Proficient with Microsoft Office applications
    • Ability to successfully complete a General Abilities Assessment and pass a post-offer background check, physical and drug screening.
Job Details
    • Type: Salary
    • Compensation Range: $108000.00 to $120000.00
    • Bonus Eligibility: NA
    • Reports To: President
    • Shift: M-F, 8AM-5PM
    • Closing Date: When Filled
$108,000 - $120,000 a year
Date Posted: 05-27-2024

Job Summary

JOB TYPE

Full Time

SALARY

$102k-158k (estimate)

POST DATE

06/14/2024

EXPIRATION DATE

06/30/2024

WEBSITE

transwestco.com

HEADQUARTERS

SEATTLE, WA

SIZE

200 - 500

FOUNDED

2008

CEO

TRACY SUNDERG

REVENUE

$10M - $50M

INDUSTRY

Transportation

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About Transwest

TransWest gets people to-and-from where they need to go, safely and stress-free. We offer shuttle and offsite parking solutions nationally through unique partnerships. We scope our clients transportation needs, and provide custom solutions with a smile. What do we offer? Shuttle and Commuter Services: Mobilize the workforce and reduce staff commuting time, cost and carbon footprint. Offsite Parking: Search no more. We procure parking of any size at a competitive market rate. Construction Worksite Transportation: Move people safely between parking and worksite. Event Parking and Transportation: ... Make any private or public event more accessible and enjoyable. Who are our clients? Any industry that needs effective transportation solutionstechnology, aerospace, manufacturing, construction, healthcare and events. Whats in our fleet? We are ready for any size and budget transportation request. Our fleet includes passenger vans, shuttle buses, executive shuttles, commercial buses, transit buses and luxury coaches. We are moving the transportation bar and invite you to learn more about our services. More
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The following is the career advancement route for Asset Manager positions, which can be used as a reference in future career path planning. As an Asset Manager, it can be promoted into senior positions as a Top Asset Management Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Asset Manager. You can explore the career advancement for an Asset Manager below and select your interested title to get hiring information.

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If you are interested in becoming an Asset Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Asset Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Asset Manager job description and responsibilities

Preparing risk analyses and financial, investment, and asset management reports.

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Researching relevant markets and identifying trends and patterns.

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Liaising and negotiating with fund directors, property managers, attorneys, auditors, etc.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Asset Manager jobs

Government agencies, non-profit organizations, and companies are required to provide comprehensive reports on how they acquire, utilize, and dispose of assets.

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Digitize and automate Asset Management.

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Don’t work to one-year objectives.

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Previous experience as an analyst or asset manager is an advantage.

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Knowledge in doing risk analyses and financial, investment, and asset management reports is a plus.

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Step 3: View the best colleges and universities for Asset Manager.

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