Asset Manager- California - LA/BakersfieldCCG is seeking an Asset Manager to support operations across the California region. This role is responsible for overseeing and coordinating the repossession of heavy machinery.
Key Responsibilities:- Oversee and coordinate the repossession of heavy equipment assets from defaulted accounts across multiple sites or regions.
- Manage relationships with third-party repossession agents, transport providers, and storage facilities to ensure timely and secure recovery.
- Ensure repossession activities comply with local, state, and federal laws, including UCC and lien enforcement regulations.
- Collaborate with legal, credit, and collections teams to prepare necessary documentation and support enforcement actions.
- Develop and maintain asset tracking systems and recovery status reports.
- Conduct physical inspections of recovered equipment to assess condition and determine resale or redeployment value.
- Coordinating with repair facilities, evaluating repair estimates, and managing the readiness of assets for resale.
- Maintain detailed records of all recovery activities, costs, and outcomes for audit and reporting purposes.
- Travel frequently within the assigned region to oversee repossession efforts and support field operations.
- Other duties may be assigned at company's discretion.
Qualifications:- Experience in asset recovery, repossession, collections, or equipment finance, ideally with heavy equipment (construction, agriculture, mining).
- Strong knowledge of repossession laws, lien enforcement, and asset recovery best practices.
- Familiarity with GPS tracking systems, asset management platforms, and field operations.
- Excellent negotiation, conflict resolution, and interpersonal skills.
- Ability to work independently, under pressure, and in sensitive situations.
Preferred Skills:- Mechanical background for trucks and trailers or heavy equipment.
- Knowledge of auction and resale markets for heavy equipment.
For more information, please visit us at www.commercialcreditgroup.com.
