Director - Equipment Management – Sydney

Director - Equipment Management – Sydney

Job number: 803031

Primary position location: NSW- Sydney CBD

Category: Corporate & Institutional Banking

Work type: Permanent Full time

Closing at: Sep :55 AEST

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• Asset Finance & Leasing (AF&L) arranges secured asset financing and leasing transactions, predominantly for high value, long-life mobile assets, across a range of industries.
• The Equipment Management (EM) Director is an internal appraiser and an integral part of AF&L for both new transaction origination and portfolio management
• The EM Director will support the AF&L team to drive the business' position in the market and deliver on the overall strategic plan for the business.

Our people are customer obsessed. They prioritise the needs and satisfaction of the customer above all else. Our mindset fosters innovation and creates strong, lasting customer relationships as we strive to be the most customer centric company in Australia and New Zealand.

In the role of Director, Equipment Management you will report to Director, AF&L Client Management & Execution (CME) that's doubling down on keeping it simple and winning together.

Each day you will go above and beyond to:

• Deliver valued contributions to transactions and consistently producing quality asset papers and reliable valuations
• Proactive risk management, meeting all regulatory and internal policy requirements
• Preparation of market valuations (current and forecast) for a range of asset classes. Establishing market value haircuts, accounting for various factors including market downturn, remarketing and holding costs
• Validation of external appraiser assumptions
• Technical and commercial advice on new asset classes
• Input into management of the residual value portfolio, including setting residual positions for new transactions, setting return conditions, and assessment of asset coverage of existing transactions.
• Preparation of annual Residual Value Committee paper
• Sector knowledge, analysing market data, providing insights papers
• Engaging and instructing external appraisers
• Conducting inspections/ site visits
• Providing advice on the process for end of lease asset sales

We're looking for the best and brightest to deliver the best for our customers. You'll need:

• Valuation accreditation (ideally American Society of Appraisers or equivalent)
• Technical knowledge of a wide range of large ticket asset classes and industries including mining equipment, rail rolling stock, transport assets, and industrial plant
• Strong customer and compliance focus;
• Understanding of financing structures and risk management.
• Solid numerical skills and proficiency in modelling current and future values;
• Writing of asset papers, documenting valuation methodologies and providing a reliable and credible opinion of value;
• Physical inspection of assets.
• Valuation experience (preferably at a financial institution or professional services firm) – minimum 8-10 years
• Multi asset class experience
• Broad industry network

A diverse and inclusive workplace works better for everyone

We know that our people make us who we are. That's why we have built a culture of equity and respect - where everyone feels valued and appreciated for being their authentic selves. In partnership with our multiple Employee Resource Groups (ERGs), we continue to foster an inclusive environment, where all NAB colleagues' unique backgrounds and identities are understood, respected and celebrated. We are committed to providing an environment where you can work your way.

For details on the recruitment process, and accessibility, or alternate methods to apply for this role, please visit To discuss adjustment requirements, please contact the NAB Careers team via (please reference job number) or visit our Careers page through the link above for other contact options.

Join NAB

If you think this role is the right fit for you, we would love to hear from you. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert. Unsolicited CVs from agencies will not be accepted.