Asset Manager

Shawbrook Bank
01 Dec 2017
13 Dec 2017
Contract Type
Full Time

Leads Asset Management activity in the Healthcare business including:

  • Setting of Residual Values to support Operating Lease transactions across a range of medical assets in the Healthcare sector
  • Maintain the RV Matrix ensuring indicative values are fit for purpose
  • Be responsible for the sale process of all off lease assets and ensure income opportunities are maximised
  • Take ownership of larger removal projects (e.g. oncology and radiology equipment)
  • Set valuation parameters for EOL sale negotiations ensuring they are in line with market value
  • Work with the Healthcare team to proactively monitor expiring agreements

Carry out asset valuations for impairment and underwriting purposes

  • Provide current and future market values on assets in line with the Collateral and Valuation Policy
  • Engage with and manage instruction of panel valuation firms to value assets in certain circumstances
  • Carry out asset inspections to confirm operational status and capability of equipment
  • Put forward provision recommendations where there is a shortfall on asset value vs. RV
  • Provide asset commentary for new business purposes

Manage the process of disposal of repossessed assets

  • Maximise realisation on sale of repossessed assets by effectively managing the sales process
  • Advise collections team of return destination for assets following repossession action
  • Using sector knowledge, decide on the most effective disposal strategy for each particular asset
  • Develop and manage a network of remarketing agents and used equipment buyers both domestically and internationally
  • Work with internal departments to ensure a smooth sales process

Other Duties

  • Set RV positions on non NHS residual value based products, develop and maintain RV matrices in these sectors, maintain a suite of return condition documentation appropriate to the assets being leased
  • Continuously develop own knowledge of trends in the domestic and international new and used equipment market via auction attendance, dealer visits, trade show / exhibition visits, attending customer meetings etc. and sharing the information obtained with key stakeholders
  • Produce asset sector reports, annual RV exposure review papers and asset commentary where required
  • Line management of Assistant Asset Manager


Degree / similar qualification or equivalent experience gathered in a similar role


Experience gained within an Asset Management function within a Banking / Asset Finance environment


Experience of providing valuations for use in Banking / Asset Finance

Technical/Specialist Knowledge & Skills

  • Good knowledge of machinery and business assets
  • Knowledge of national and international economic and industry specific trends
  • Ability to assimilate complex information and present in a format which is accessible to other departments in the bank
  • Knowledge of the UK Asset Finance market
  • IT Literate, particularly MS Office
  • Strong analytical and negotiation skills


  • Ability to work on own initiative without close supervision
  • Good communication skills both written and verbal
  • Excellent attention to detail
  • Strong commercial acumen
  • Good administrative capability with excellent planning and organisational skills
  • Ability to develop strong relationships at all levels
  • Intelligent and numerate
  • Team player with a strong positive attitude
  • Adaptable and flexible
  • Excellent verbal and written communication skills
  • Enthusiastic "can do" attitude