Assistant Vice President of Asset Management

The Assistant Vice President of Asset Management will oversee the complete lifecycle of vehicle recovery and remarketing — from locating and repossessing vehicles to preparing them for sale and maximizing return. This role manages the Directors of Remarketing, Repo Operations & Skip Work, Impounds, and Transport, along with the Senior Supervisor of Repo Titles. The AVP will be responsible for delivering rapid recovery timelines, reducing days-to-sale, and achieving the highest possible value for every asset while ensuring operational excellence and compliance.

Key Responsibilities

Strategic Leadership

• Lead the end-to-end process to find, recover, and sell vehicles quickly and profitably.
• Establish and track performance goals for speed-to-sale, recovery efficiency, and sale value.

Department Oversight

• Direct the Director of Remarketing to develop competitive auction strategies, foster strong buyer relationships, and drive market-based pricing.
• Manage the Director of Repo Operations & Skip Work to ensure effective vehicle location and repossession, including oversight of hundreds of agents and the internal skip tracing team.
• Oversee the Director of Impounds to ensure fast and cost-efficient vehicle retrieval from impound lots.
• Manage the Director of Transport to ensure prompt, reliable movement of vehicles to auctions or wholesale facilities.
• Supervise the Senior Supervisor of Repo Titles to ensure all titles are requested, produced, and delivered to auctions without delay.

Operational Excellence & Technology

• Implement a consolidated system for tracking repossessions, impounds, transport, and remarketing in one integrated platform.
• Continuously improve processes to reduce delays, eliminate bottlenecks, and improve overall efficiency.

Partnership & Compliance

• Build and maintain strong relationships with auction houses, buyers, repossession agents, transport vendors, impound operators, and title service providers.
• Ensure full compliance with applicable laws and regulations governing repossession, titling, and sales.

Performance & Budget Management

• Monitor key performance indicators, including time-to-locate, time-to-repo, time-to-sale, and sale proceeds versus market benchmarks.
• Lead, mentor, and develop Directors and the Senior Supervisor to achieve department and company objectives.
• Manage departmental budgets to ensure cost efficiency while maximizing ROI.

Qualifications

• Minimum 10 years of experience in asset management, repossession, remarketing, or related fields in the auto finance industry (preferred).
• Proven success in vehicle recovery operations and maximizing auction returns.
• Demonstrated ability to lead multiple senior-level direct reports across different functions.
• Strong analytical, problem-solving, and decision-making skills, with a data-driven mindset.
• Comprehensive understanding of laws and regulations related to vehicle repossession, titling, and sales.
• Excellent communication and relationship management skills with internal teams and external partners.

What’s the expected pay for this role?

• $150,000 to $250,000 per year
• The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.

What do we offer?

• Medical, Dental, and Vision benefits
• Life Insurance, Flexible Spending Account
• 401K matching
• Employee Stock Ownership Program, plus company matching
• Wellness Program, Daily Team Exercises
• Westlake University, Certification Programs
• Career Path Opportunities
• Discounts on Parks, Museums, Movie Tickets, and Attractions
• AT&T Wireless Discounts
• Paid Vacations Days
• Paid Sick days
• Paid holidays
• Rental Car Discounts
• UKG Wallet – pay advance

Acknowledgement

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.