Head of Asset Finance

Job Purpose: 

• The Head of Asset Finance will lead the bank’s asset finance division, overseeing the development and execution of strategies to grow the bank’s portfolio in equipment leasing, financing, and related services. This role requires a strategic thinker with extensive experience in asset finance, strong leadership skills, and a deep understanding of market trends. 

Key Responsibilities: 

• Strategic Development: Formulate and implement a comprehensive asset finance strategy that aligns with the bank’s overall objectives, focusing on growth, profitability, and market leadership
• Portfolio Management: Oversee the management of the asset finance portfolio, ensuring optimal performance, risk management, and compliance with regulatory standards.
• Market Analysis: Conduct thorough market research and competitive analysis to identify trends, opportunities, and threats within the asset finance sector.
• Relationship Management: Cultivate and maintain strong relationships with key clients, industry partners, and stakeholders to drive business development and enhance client satisfaction.
• Team Leadership: Lead, mentor, and develop a high-performing team of asset finance professionals, fostering a culture of collaboration, accountability, and innovation.
• Product Development: Drive the creation and enhancement of asset finance products and services, ensuring they meet client needs and align with market demands.
• Financial Oversight: Monitor financial performance, analyzing key metrics and KPIs to drive decisions and optimize profitability within the asset finance division.
• Risk Management: Implement and maintain robust risk management practices to minimize exposure and ensure compliance with regulatory requirements.
• Cross-Functional Collaboration: Work closely with other departments, including credit risk, operations, and compliance, to ensure seamless execution of asset finance initiatives.

Qualifications

Education and Qualifications 

• Bachelor’s degree in Finance, Business Administration, or a related field; MBA or advanced degree preferred.
• 10+ years of experience in asset finance or related fields, with a minimum of 5 years in a senior leadership role.
• Proven track record of successfully managing asset finance portfolios and driving growth in a competitive environment

Key Skills and Competencies 

• Strong analytical skills, with the ability to interpret financial data and market trends to inform strategic decisions.
• Excellent communication and interpersonal skills, capable of building strong relationships with clients and internal stakeholders.
• Deep understanding of regulatory requirements and risk management practices in asset finance.
• Strategic mindset with a focus on innovation and continuous improvement