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Mitsubishi HC Capital America Inc
Asset Management Administrator
Career Insights for Investment Fund Manager
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What they do
An Investment Fund Manager plans, directs, or coordinates investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.
$166,246 / year median in Connecticut
+4% projected growth
Job Description
Asset Management Administrator Mitsubishi HC Capital America Inc
- 1.8 Norwalk, CT Job Details Full-time $71,100
- $80,612 a year 7 hours ago Benefits Health insurance Dental insurance Paid time off Employee assistance program Vision insurance 401(k) matching Employee discount Life insurance Qualifications Vendor relationship building
Full Job Description Position Overview:
Support Mitsubishi HC Capital America, Inc., (MHCA), Asset Management Department by managing the remarketing and sale of repossessed and end-of-lease assets, ensuring timely processing, strong recovery results, and accurate system tracking. Commitment toInternal Control:
The incumbent accepts the responsibility for maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages. Essential Duties and Responsibilities, include but not limited to: (List in order of time spent) Remarketing & Sales Manage the sale of repossessed and off-lease assets through dealers, auctions, vendors, and direct buyers. Maintain and update online sales channels (website, listings, marketing platforms) with accurate photos, condition reports, and pricing. Coordinate inspections, reconditioning, transportation, and vendor services to prepare assets for sale. Prepare and submit any invoices related to these activities for payment. Develop and maintain relationships with dealers, vendors, and buyers to increase exposure and improve sales outcomes. Monitor performance against recovery and inventory turnover goals. Handle inquiries, verify buyer eligibility, and ensure proper documentation and tax handling. Asset Management Track and manage all repossessed and off-lease inventory in internal systems. Ensure assets are sale-ready within established timelines (target: 30 days) and sold (target: 90 days). Coordinate with internal teams (Credit, Collections, Accounting, etc.) to support efficient asset disposition. Prepare and manage required documentation (e.g., notices of sale, titles, bills of sale, release letters). Oversee auction activity, dealer coordination, and vendor compliance. Maintain accurate records and documentation in asset management systems. Manage, monitor, and respond to all email requests coming through the remarketing and AM values box accurately and in a timely manner. Operations & Process Improvement Support internal controls and ensure compliance with company policies and legal requirements. Collaborate with management to improve remarketing strategies, processes, and vendor performance. Monitor timelines associated with notices of sale, bankruptcies, and title processing. Used Truck Evaluations Provide timely and accurate equipment valuations using market data sources (e.g., Black Book, auction data, industry guides). Support credit, collections, and wholesale teams with valuation insights. KPI's (Key Performance Indicators): Recovery percentage to annual budget Days in Inventory Call, Comment and Valuation turn time. Day-to-day activitiesSources:
Activity reports, RSM, Valuation, and EOL Reports, and Weekly and Monthly Inventory Report and review of AM database.Responsibility and Decision-Making Authority:
Develop, present to Asset Management, implement, and maintain enhancements to the Asset Management's Website/database. Commitment to SOX complianceManagement/Supervisory Responsibilities:
Act independently to determine appropriate solutions to locate and track inventoried assets.Qualifications:
Bilingual is a plus. Ability to interact with MHCA management, MHCA approved vendors and sales accordingly to fulfill job requirements. Strong ability to adhere to strict management assigned deadlines.Competencies :
Thinking Skills- Cognitive, Analytical, Creativity/Innovation, and Problem-solving Communications
- Oral, Written, Ability to listen, Ability to manage communications and transmit information. Interpersonal Relationships
- Ability to work in a team and interpersonal communications. Technical and Professional
- Strong computer software skills, thoroughness and detail-oriented Personal Qualities
- Autonomy, perseverance, and being organized. Entrepreneurship
- Results-oriented and negotiation skills