Director, Asset Recovery
1 week ago
Embark on a journey with one of Canada's fastest growing companies - welcome to goeasy We have been honored with recognitions such as **Waterstone Canada’s Most Admired Corporate Cultures**, the **2022 Report on Business Women Lead Here**, **Report on Business for Canada’s Top Growing Companies** and **TSX30**as one of the **best performing companies on the TSX**. We've also received the **Greater Toronto Top Employers Award** and **certified as a Great Place to Work®**. We're on the lookout for the best and brightest to join our team
Our vision is to provide everyday Canadians a path to a better tomorrow, today. As one of Canada’s leading non-prime consumer lenders, we offer a full suite of products including non-prime leasing, unsecured and secured loans as well as point-of-sale-financing though easyhome, easyfinancial, and LendCare.
We are excited to announce an opportunity for a **Director, Asset Recovery & Remarketing** at our LendCare subsidiary In this critical role, you will be responsible for optimizing the lifecycle of our asset portfolio, specifically focusing on the resale and disposition of returned or repossessed items. Your ability to develop and execute innovative remarketing strategies will drive revenue growth, enhance customer satisfaction, and improve operational efficiency.
**Work, Collaborate, and Commute with Ease**
- **Don’t live nearby?**No problem **We offer Highway 407 travel reimbursements**to make your** commute easier**or can offer relocation support.
- We're just **minutes** away from **Pickering GO Station**, with an internal walkway that will take you right to our building
**What will you be doing?**
- Develop and execute the remarketing strategy to maximize the profitability and efficiency of the asset recovery process, including the resale of repossessed, returned, or off-lease equipment.
- Work closely with asset management teams to assess the value of returned and repossessed assets, ensuring they are sold at optimal prices through appropriate channels such as online marketplaces, auctions, or direct sales.
- Lead the identification and development of the best channels for asset remarketing, exploring online platforms, wholesalers, retail channels, and direct consumer sales. You will innovate to expand remarketing avenues, including exploring sustainable and circular economy models.
- Manage relationships with third-party vendors, remarketing partners, and auction houses to ensure maximum recovery values. You will negotiate terms and ensure vendor compliance with contractual obligations.
- Lead, mentor, and manage a high-performing team of remarketing professionals, providing guidance and support to achieve KPIs and operational goals. You will foster a collaborative and results-oriented environment.
- Analyze market trends, asset recovery data, and sales performance to inform decision-making and improve strategies. Regular reporting on remarketing KPIs such as recovery rates, cycle times, cost per unit sold, and gross margin will be part of your responsibilities.
- Establish and monitor key performance metrics (KPIs) for the remarketing function, ensuring that operational processes are efficient, cost-effective, and aligned with LendCare's broader objectives.
- Collaborate with customer service and collections teams to ensure a seamless process for customers who have returned or repossessed items, focusing on enhancing customer satisfaction during the remarketing process.
- Ensure all remarketing activities comply with applicable laws, regulations, and company policies. Identifying and mitigating risks associated with asset remarketing will be essential to maintaining integrity and transparency.
**What experience do you have?**
- 5+ years of experience in financial services, leasing, or automotive environment, strong preference for experience in asset remarketing, asset recovery, or a similar role.
- Proven leadership in managing teams, driving performance, and executing operational strategies to meet revenue and recovery goals.
- Strong knowledge of asset valuation and remarketing channels, including online marketplaces, wholesalers, auction houses, and direct sales to consumers.
- Track record of success in vendor management and establishing profitable partnerships.
- Analytical mindset with the ability to assess market trends, sales data, and asset values to make informed decisions.
- Excellent communication skills with the ability to collaborate effectively with internal stakeholders, external partners, and vendors.
- Financial acumen with experience in budgeting, P&L management, and financial reporting.
- Experience in the financial services or automotive leasing industry is preferred but not mandatory.
This role requires on-site attendance at our LendCare office: 1315 Pickering Parkway, Pickering, ON. The company can provide Highway 407 reimbursements or relocation support.
**Diversity, Inclusion, and Equal Opportunity Employment**:
At goeasy, we believ
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