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Equipment Specialist
2 weeks ago
Attendance: Hybrid
Employment Category: Professional
Type of Contract: Permanent
Benefits for vendors:
The Equipment Specialist utilizes skills in equipment valuation and analysis, and communications to provide exceptional customer service and responsiveness within key business line functions of credit underwriting, sales support, contract administration, and insurance.
The Equipment Specialist is also focused on accurate management of asset inventory and the efficient sale of off-lease and repossessed equipment, utilizing in-depth knowledge and experience to maintain inventory control locations and establish sales channels for the liquidation of assets
**Your role**:
- **Client & Stakeholder Engagement**. Build strong working relationships with Sales, Operations, and Risk Management teams, offering specialized advice on equipment valuations and residuals, ensuring alignment with business line service agreements. Manage negotiations for asset sales, maximizing recovery through a strategic balance of quick sales and patient approaches for specialized assets.
- **Asset & Risk Management.** Adhere to bank act regulations when setting residual values, including securing unguaranteed residuals with Residual Value Insurance when required. Ensure accurate tracking, evaluation, and pricing of all inventories, including location, condition, and current value, ensuring timely analysis and fulfillment within SLAs. Establish realistic recovery estimates and adjust asset values to reflect current market conditions, ensuring assets are written down appropriately.
- **Financial Accountability & Confidentiality.** Collect all sales proceeds from liquidated assets, ensuring timely collection from vendors, auction houses, and third-party sales. Handle customer information with discretion, strictly adhering to internal policies and federal regulations to protect confidentiality.
**Your team**:
**Prerequisites**:
- Bachelor’s degree in commerce, finance, or business or equivalent work experience.
- 1-3 years of experience working with a financial institution, valuation firm, liquidator and/or an auctioneer or previous experience working in equipment finance.
- Canadian Personal Property & Appraisers Group (CPPAG) designation an asset
- Completion or working towards a professional business valuator designation or professional program is an asset
**Skills**:
- **Financial expertise.** You have solid comprehension of equipment financing & leasing and a general understanding of collateral security & documentation requirements.
- **Organization.** Your innate eye for details, priorities, and strategy allows you effectively organize, multitask and meet set targets with quality delivery.
- **Respected teammate.** You are a trusted go-to and love to work collaboratively. You see the value in working together and have achieved many professional wins because of this mentality.
- **Effective communication.** You can communicate effectively both verbally and in writing. You have refined your negotiation, influencing and collaboration skills.
- **Technologically proficient.** You are adept at learning new software that you will use on a day-to-day basis.
**Be Part of a Bold New Chapter**
As we transition from Canadian Western Bank (CWB) to National Bank of Canada (NBC), we’re looking for talented individuals to join us on this exciting journey. While you’ll begin your role at a CWB location, you’ll be part of a forward-thinking team preparing for a seamless move to NBC.
**Your benefits**
In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.
- Health and wellness program, including many options
- Flexible group insurance
- Generous pension plan
- Employee Share Ownership Plan
- Employee and Family Assistance Program
- Preferential banking services
- Opportunities to get involved in community initiatives
- Telemedicine service
- Virtual sleep clinic
These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.
**We're putting people first**
We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees.
Come live your ambitions with us
Additional required languages: English
Skills: Artificial Intelligence, Critical Thinking, Diversity & Inclusion, Sales, Special Collections, Teamwork, Cybersecurity, Deci