Available Positions

Asset Management

Sr. Equipment Valuations Analyst

Parsippany, NJ; Mt Laurel, NJ; or Jacksonville, FL.

TIAA Bank – As a part of TIAA’s Retail & Institutional Financial Services business, TIAA Bank, a division of TIAA, FSB, provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country.

The Senior Valuations Analyst will report to ECF’s Asset Manager, Valuations, and will assist in conducting in-depth collateral/market analysis of existing residual exposure, participate in reviews/updates of residual policy and assist with researching new collateral/markets to make accurate residual value recommendations on new programs and collateral types.

Essential functions

  • Perform collateral/market analysis of existing residual exposure and review/update residual positions quarterly or as frequently as needed.
  • Complete white paper analysis on collateral types and industry segments supporting the overall residual policy including competitors, technology, methodology, and positions.
  • Research new collateral/markets to participate in residual value recommendations on new programs and collateral types as well as lease/portfolio acquisitions.
  • Provide residual positions on special bids and exception transactions as needed within approval guidelines.
  • Appraise collateral value in new markets and one-off transactions to project OLV/FLV curves.
  • Provide mark to market valuations and participate in mark to market review process.
  • Participate in impairment testing following approved methodology.
  • Assist with policy compliance initiatives and provide support on projects where appropriate.

Knowledge, skills, and ability requirements

  • Strong analytical and interpersonal skills.
  • Strong PC skills involving modeling and forecasting.
  • Exceptional communication and presentation skills.
  • Exceptional level of integrity.
  • Work constructively with all aspects of the organization.

Training and Experience:

  • Bachelor’s degree with a focus in Engineering/Business/Finance/Math/Statistics or seven (7) years as a valuations professional within the leasing industry.
  • Four (4) years of experience in asset management
  • Experience setting residual values in various asset classes such as Construction, Transportation, Healthcare, Office Technology and Machine Tools
  • American Society of Appraisers certification is a plus.

Equal Employment Opportunity is not just the law, it’s our commitment. Read more about the Equal Employment Opportunity Law.

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We are an Equal Opportunity/Affirmative Action Employer. We will consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

To apply for this position, please visit careers.tiaa.org/tiaabank/jobs/sr-equipment-valuations-analyst-vendor-equipment-finance-1358

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