Asset Manager - Equipment Recovery & Remarketing
Top Benefits
About the role
Join Servus Credit Union - Canada’s Largest Credit Union!
We are hiring for a full-time Asset Manager - Equipment Recovery & Remarketing to join our Stride CapitalTeam!
Posting closes: March 6, 2026
Employment Status: Full-time (37.5 hours per week)
Additional Information: Stride Capital; Remote Friendly (hybrid)
At Servus Credit Union, we do things differently—because we’re a credit union, not a bank. And that difference matters.
We believe in putting people before profits, which is why our members are also our owners. Every dollar we earn is reinvested into the things that matter most: our members, our employees, and our communities. Whether it’s through profit sharing, competitive rates, or local initiatives that make a real impact, we’re here to help Albertans feel good about their money.
We’re looking for passionate, values-driven people to join our team. We welcome individuals from all backgrounds who are aligned with our values and are eager to contribute in meaningful ways. If you're excited to grow your career with a team that’s innovative, hardworking, collaborative and deeply rooted in community, we want to meet you.
Join Servus and discover a better way to work.
As an Asset Manager - Equipment Recovery & Remarketing, reporting to the Director Leasing Operations, you’ll be responsible for the end‑to‑end management of leased and financed equipment once an account enters default or enforcement. This role acts as the organization’s subject‑matter expert on repossessed assets, overseeing the identification, recovery, storage, repair, valuation, and disposition of equipment.
Working closely with the VP of Leasing, Legal Counsel, and external enforcement partners, the Asset Manager protects asset value, minimizes losses, and maximizes recovery through informed decision‑making and industry‑driven sales strategies. This role requires strong knowledge of equipment, commercial judgment, and an established network of buyers and service providers.
What You'll be Doing:
- Work directly with bailiffs, sheriffs, private investigators, and legal counsel to locate, secure, and recover financed equipment under PPSA and other enforcement actions.
- Coordinate repossession logistics, including access, transportation, storage, and chain of custody.
- Verify asset condition, serial numbers, titles, and registrations upon recovery.
- Act as the internal point of accountability for all repossessed equipment files.
- Assess the condition, usability, and marketability of recovered equipment.
- Determine repair, refurbishment, or reconditioning requirements to preserve or enhance resale value.
- Source and manage repair vendors, mechanics, and service facilities.
- Approve and monitor repair costs in alignment with net recovery expectations and internal authority limits.
- Estimate as‑is, repaired, and orderly liquidation values based on market conditions and asset type.
- Prepare recovery recommendations for the VP of Leasing, including:
- Repair vs. sell‑as‑is decisions
- Timing of sale
- Expected net recovery and loss mitigation
- Support impairment, write‑down, and recovery forecasting discussions.
- Develop and execute equipment disposition strategies to maximize recovery value.
- Leverage industry expertise and professional networks to source buyers, dealers, and auction channels.
- Negotiate pricing, terms, and conditions of sale in alignment with internal policies.
- Identify and create innovative resale opportunities, including:
- Direct dealer sales
- Private buyer placements
- Auctions or brokered transactions
- Redeployment into new lease transactions (where applicable)
- Maintain complete documentation related to asset recovery, repairs, and sale outcomes.
- Support audits, legal reviews, and portfolio reporting as required.
- Provide regular reporting on:
- Repossession status
- Repair costs
- Asset inventory
- Sales pipeline and realized recoveries
- Identify trends and recommend process improvements related to asset risk and recovery outcomes.
What you Bring:
Experience Required:
- 5+ years of experience in equipment finance, asset management, leasing, or secured lending.
- Demonstrated hands‑on experience with repossession, asset recovery, or remarketing of commercial equipment.
- Strong familiarity with one or more equipment categories (e.g., medical, construction, transportation, industrial, manufacturing).
- Practical understanding of PPSA enforcement and secured lending processes in Canada.
- Proven ability to assess equipment condition, repair feasibility, and market value.
- Established industry contacts (dealers, brokers, auctioneers, repair vendors) considered a strong asset.
Specific Skills:
- Strong commercial judgment and financial decision‑making
- Excellent negotiation and relationship‑building skills
- Ability to operate independently while collaborating with executive leadership
- Comfortable operating in enforcement, distressed, or time‑sensitive situations
- Highly organized with strong documentation and follow‑through
- Solutions‑oriented mindset with a focus on recovery maximization
Other Role Requirements
- This role is a full time, hybrid position.
Why Servus?
Working for Servus has outstanding benefits. In addition to standard benefits like health and wellness, vacation and retirement savings programs, we also provide other important benefits such as:
- Competitive compensation including performance-based incentive pay and profit share
- Training & Development Opportunities
- Career Advancement Potential
- Flexible work options
- Meaningful work towards individual and corporate goals
- Opportunities to get involved and give back through an employee volunteer program
At Servus, our employees are also members. This means you'll have all the benefits of being a member of the credit union including profit sharing, voting for the board of directors, and all of the financial services we provide…with a few additional perks!
What happens next?
We thank all applicants for their interest. Please note applications will only be accepted online and only those applicants under consideration will be contacted.
At Servus Credit Union, we believe in being purposefully cooperative and working together to create a culture of Belonging for everyone. We are committed to an inclusive, equitable, and accessible workplace where everyone is valued, respected, and supported. We encourage applications from individuals of all backgrounds, and accommodations are available during every stage of the hiring process upon request. Your skills, passion and curiosity may find they belong at Servus, so even if you don't check every box, we encourage you to apply!
Employment Eligibility: The selected candidate(s) must successfully pass a criminal background check, reference check and credit check to qualify for hire by Servus Credit Union.
Qualified applicants are invited to apply online.
We thank all applicants for their interest. Please note applications will only be accepted online and only those applicants under consideration will be contacted.
#indh
About Servus Credit Union
Servus Credit Union is more than just a bank.
It is Canada’s first province-wide credit union and is dedicated to providing expert financial advice. Servus members not only get the best customer service offered by any financial institution in Alberta, they also get to share in our profits. Last year we shared $48.1 million with our members.
To help you and your business succeed, Servus offers a full line of financial products and services and with over 100 locations in over 59 communities in Alberta, it’s easy to find a location near you.
Servus is a trade name of Connect First and Servus Credit Union Ltd.
Asset Manager - Equipment Recovery & Remarketing
Top Benefits
About the role
Join Servus Credit Union - Canada’s Largest Credit Union!
We are hiring for a full-time Asset Manager - Equipment Recovery & Remarketing to join our Stride CapitalTeam!
Posting closes: March 6, 2026
Employment Status: Full-time (37.5 hours per week)
Additional Information: Stride Capital; Remote Friendly (hybrid)
At Servus Credit Union, we do things differently—because we’re a credit union, not a bank. And that difference matters.
We believe in putting people before profits, which is why our members are also our owners. Every dollar we earn is reinvested into the things that matter most: our members, our employees, and our communities. Whether it’s through profit sharing, competitive rates, or local initiatives that make a real impact, we’re here to help Albertans feel good about their money.
We’re looking for passionate, values-driven people to join our team. We welcome individuals from all backgrounds who are aligned with our values and are eager to contribute in meaningful ways. If you're excited to grow your career with a team that’s innovative, hardworking, collaborative and deeply rooted in community, we want to meet you.
Join Servus and discover a better way to work.
As an Asset Manager - Equipment Recovery & Remarketing, reporting to the Director Leasing Operations, you’ll be responsible for the end‑to‑end management of leased and financed equipment once an account enters default or enforcement. This role acts as the organization’s subject‑matter expert on repossessed assets, overseeing the identification, recovery, storage, repair, valuation, and disposition of equipment.
Working closely with the VP of Leasing, Legal Counsel, and external enforcement partners, the Asset Manager protects asset value, minimizes losses, and maximizes recovery through informed decision‑making and industry‑driven sales strategies. This role requires strong knowledge of equipment, commercial judgment, and an established network of buyers and service providers.
What You'll be Doing:
- Work directly with bailiffs, sheriffs, private investigators, and legal counsel to locate, secure, and recover financed equipment under PPSA and other enforcement actions.
- Coordinate repossession logistics, including access, transportation, storage, and chain of custody.
- Verify asset condition, serial numbers, titles, and registrations upon recovery.
- Act as the internal point of accountability for all repossessed equipment files.
- Assess the condition, usability, and marketability of recovered equipment.
- Determine repair, refurbishment, or reconditioning requirements to preserve or enhance resale value.
- Source and manage repair vendors, mechanics, and service facilities.
- Approve and monitor repair costs in alignment with net recovery expectations and internal authority limits.
- Estimate as‑is, repaired, and orderly liquidation values based on market conditions and asset type.
- Prepare recovery recommendations for the VP of Leasing, including:
- Repair vs. sell‑as‑is decisions
- Timing of sale
- Expected net recovery and loss mitigation
- Support impairment, write‑down, and recovery forecasting discussions.
- Develop and execute equipment disposition strategies to maximize recovery value.
- Leverage industry expertise and professional networks to source buyers, dealers, and auction channels.
- Negotiate pricing, terms, and conditions of sale in alignment with internal policies.
- Identify and create innovative resale opportunities, including:
- Direct dealer sales
- Private buyer placements
- Auctions or brokered transactions
- Redeployment into new lease transactions (where applicable)
- Maintain complete documentation related to asset recovery, repairs, and sale outcomes.
- Support audits, legal reviews, and portfolio reporting as required.
- Provide regular reporting on:
- Repossession status
- Repair costs
- Asset inventory
- Sales pipeline and realized recoveries
- Identify trends and recommend process improvements related to asset risk and recovery outcomes.
What you Bring:
Experience Required:
- 5+ years of experience in equipment finance, asset management, leasing, or secured lending.
- Demonstrated hands‑on experience with repossession, asset recovery, or remarketing of commercial equipment.
- Strong familiarity with one or more equipment categories (e.g., medical, construction, transportation, industrial, manufacturing).
- Practical understanding of PPSA enforcement and secured lending processes in Canada.
- Proven ability to assess equipment condition, repair feasibility, and market value.
- Established industry contacts (dealers, brokers, auctioneers, repair vendors) considered a strong asset.
Specific Skills:
- Strong commercial judgment and financial decision‑making
- Excellent negotiation and relationship‑building skills
- Ability to operate independently while collaborating with executive leadership
- Comfortable operating in enforcement, distressed, or time‑sensitive situations
- Highly organized with strong documentation and follow‑through
- Solutions‑oriented mindset with a focus on recovery maximization
Other Role Requirements
- This role is a full time, hybrid position.
Why Servus?
Working for Servus has outstanding benefits. In addition to standard benefits like health and wellness, vacation and retirement savings programs, we also provide other important benefits such as:
- Competitive compensation including performance-based incentive pay and profit share
- Training & Development Opportunities
- Career Advancement Potential
- Flexible work options
- Meaningful work towards individual and corporate goals
- Opportunities to get involved and give back through an employee volunteer program
At Servus, our employees are also members. This means you'll have all the benefits of being a member of the credit union including profit sharing, voting for the board of directors, and all of the financial services we provide…with a few additional perks!
What happens next?
We thank all applicants for their interest. Please note applications will only be accepted online and only those applicants under consideration will be contacted.
At Servus Credit Union, we believe in being purposefully cooperative and working together to create a culture of Belonging for everyone. We are committed to an inclusive, equitable, and accessible workplace where everyone is valued, respected, and supported. We encourage applications from individuals of all backgrounds, and accommodations are available during every stage of the hiring process upon request. Your skills, passion and curiosity may find they belong at Servus, so even if you don't check every box, we encourage you to apply!
Employment Eligibility: The selected candidate(s) must successfully pass a criminal background check, reference check and credit check to qualify for hire by Servus Credit Union.
Qualified applicants are invited to apply online.
We thank all applicants for their interest. Please note applications will only be accepted online and only those applicants under consideration will be contacted.
#indh
About Servus Credit Union
Servus Credit Union is more than just a bank.
It is Canada’s first province-wide credit union and is dedicated to providing expert financial advice. Servus members not only get the best customer service offered by any financial institution in Alberta, they also get to share in our profits. Last year we shared $48.1 million with our members.
To help you and your business succeed, Servus offers a full line of financial products and services and with over 100 locations in over 59 communities in Alberta, it’s easy to find a location near you.
Servus is a trade name of Connect First and Servus Credit Union Ltd.