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Asset Manager

Role overview

Qualifications

  • Bachelor's degree in Business Administration, Finance, Accounting, or Economics
  • Five (5) years or more experience in Rental, Operations, Sales or industry related experience

Responsibilities

  • Responsible for fleet management and asset lifecycle performance
  • Manage fleet performance, idle assets, and lead weekly asset calls
  • Oversee asset calls and facilitate BU asset reviews and special projects
  • Monitor and manage financial analysis of fleet while ensuring proper depreciation

Key facts

Hard skills

Other skills

  • Analytical Skills
  • Physical Flexibility
  • Organizational Skills
  • Communication
  • Leadership
  • Time Management
  • Multitasking
  • Detail Oriented

About the company

Ryder System logo

Ryder System

Transportation, Logistics & Supply Chain

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and commercial fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Company details

Company typeXLarge
IndustryTransportation, Logistics & Supply Chain
Company size10001

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Job description

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Job Description:

Summary
The Asset Management Business Partner will be directly responsible for the life–cycle performance of all assets in the Business Unit (BU) that they support. S/he is responsible for fleet management, product line analysis, margin performance, customer and location profitability and vehicle performance analysis. The incumbent is also responsible for managing the ROA on 188,000 plus vehicles or $6.8 Billion in assets across the entire company.  Additionally, the Asset Manager will ensure that all asset processes are coordinated across all functional area's in the BU including sales, rental, maintenance, SCS, RVS, financial aspects of the fleet and leadership to all functional areas that they touch. S/he will report directly to the Director of Asset Management.

Essential Functions

  • Responsible for: Fleet Management, Product Line Analysis, Margin Performance, customer and location profitability and Vehicle performance analysis within assigned geographical area.

  • Provide direction, prioritize, strategize and influence all functional areas in an effort to maximize assets.

  • Manage: fleet performance, idle assets, asset task force and hold weekly asset calls within assigned geographical area.

  • Manage: NYE, term-out units and redeployment of assets and under-performing units across product lines.

  • Manage and facilitate asset calls/BU asset reviews and special projects.


Additional Responsibilities

  • Sales and Marketing:
    New units/order status, manage NYE and order status report. Work with OEM, MFG and Purchasing Department. Coordinate with Sales Force to ensure timely in-service, term out and expiring units, MoMo units. MVA requests both in guidance and re-deployment, R2L requests and execution. SVN requests and management. National Sales requests and fulfillments. Communicate constructive and effective relationships with the Sales organization.

  • Rental:
    Manage Fleet performance analysis. Manage idle assets. Manage the Asset Task Force. Manage Rental to Lease Coordinations. Manage rental out service process. Manage new unit delivery process. Coordinate the reduction of shop/sub report. Provide training and mentoring to Rental organization.

  • Maintenance Operations:
    Weekly asset calls with all branches. Manage and coordinate all units in the out service process by branch. Manage and coordinate all units being in service by branch. Process VCNs Start bill, end bill. Transfer in/out and product line changes. Review all under-performing vehicles and manage monthly/quarterly/annual meetings on all product lines.

  • SCS Support:
    Fleet Management, Asset requests, re-deployments Account Management, term out/expired units, communication (constructive & effective relationships, manage GAM units till re-deployed).

  • RVS Support:
    Schedule units for out service. Monitor progress (received at UTC, rejected and accepted status). Coordinate with the UTC and shop all rejections. Coordinate end of lease sales with Miami, Lease Sales person and the Vehicle Sales Manager. Provide support as needed/act as liaison between the BU and UTC.

  • Asset Management:
    Daily: Fulfill asset request. Manage R2L. Manage SVN, VCNs. Manage I/S & O/S to control NYE and NLE.
    Weekly: Manage 1105 report. Manage Product Line 84. Manage shop and sub-reports.
    Monthly: NYE Cycle Time, NYE/NLE status input. RPM with Zero revenue. Short Term Leases. Unattached components. Manage depreciation adjustments.
    Prep/host/follow-up on weekly asset calls, monthly asset reviews for Bus, annual asset reviews, manage special projects as necessary phase 1 2 3 low performing FSL Units, Operation Switcheroo. BU (DOO/DOS) special projections and location visits. Review of low performing FSL/RPM accounts. Assist in fleet analysis during acquisition process.

  • Leadership:
    Strive to break down barriers between functional areas to promote a collaborative environment that enhances our ability to achieve common company goals. Promote Asset Management’s fundamentals and principles within the BU structure. Remain as a resource to all functional areas (Operations, Sales, Rental, RIL, Administration and Corporate), to be verse and knowledgeable in all product offerings to support and problem solve for peers, superiors and employees within the BU and provide training to new hires in all areas and newly promoted. Provide direction, prioritize, strategize and influence all functional areas (Lease, Rental, Maintenance, SCS, RVS and overall Asset Management) in an effort to maximize results.

  • Financial:
    Review and analysis of Fleet (Lease, Rental, Surplus, Service Vehicles, Less than term, Short Term Lease, Flex Lease, Fast Track, Vosa) while ensuring proper depreciation to salvage during the life of the asset. Manage unattached components.

  • Perform other duties as assigned.


Skills and Abilities

  • High energetic, self motivated, self directed person with the ability to focus on multiple projects and activities simultaneously and able to thrive in a fast paced environment

  • Demonstrated ability to lead, motivate, train and develop others in order to understand the business model as it pertains to Asset Management

  • Ability to influence cross-functional teams (Sales, Rental, Operations, SCS and RVS) throughout varying chains of command

  • Strong oral and written communications skills having desired impact and effect to drive results

  • Strong presentation and analytical skills focused on managing assets (all aspects)

  • Strong customer focus

  • Ability to create and maintain professional relationships within all levels of the organization (peers, work groups, customers, supervisors)

  • Ability to work independently and as member of a team

  • Flexibility to operate and self-driven to excel in a fast-paced environment

  • Capable of multi-tasking, highly organized, with excellent time management skills

  • Ability to deal with ambiguity

  • Detail oriented with excellent follow-up practices


Qualifications

  • Bachelor's degree required in Business Administration, Finance, Accounting, Economics

  • Five (5) years or more experience in Rental, Operations, Sales or industry related experience required required


Travel
20-30%

DOT Regulated
No
 

Job Category

Asset Management

Our Culture & Commitment:

At Ryder, you’re trusted to make an impact—while enjoying room to grow and having a voice that’s heard. Our culture is built on respect, collaboration, and shared pride in doing great work rooted in innovation and safety.


Your Voice. Your Success. The Future We Build Together.


Compensation Information:

The compensation offered to a candidate may be influenced by a variety of factors, including the candidate’s relevant experience; education, including relevant degrees or certifications; work location; market data/ranges; internal equity; internal salary ranges; etc. The position may also be eligible to receive an annual bonus, commission, and/or long-term incentive plan based on the level and/or type. Compensation ranges for the position are below:

Pay Type:

Salaried

Minimum Pay Range:

80,000

Maximum Pay Range:

90,000

Benefits Information:

For all Full-time positions only: Ryder offers comprehensive health and welfare benefits, to include medical, prescription, dental, vision, life insurance and disability insurance options, as well as paid time off for vacation, illness, bereavement, family and parental leave, and a tax-advantaged 401(k) retirement savings plan.

For more information about benefits, click here to download the comprehensive benefits summary.

Ryder is proud to be an Equal Opportunity Employer and Drug Free workplace.

All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

Important Note:

Some positions require additional screening that may include employment and education verification; motor vehicle records check and a road test; and/or badging or background requirements of the customer to which you are assigned. 

Security Notice for Applicants:

Ryder will only communicate with an applicant directly from a [@ryder.com] email address and will never conduct an interview online through a chat type forum, messaging app (such as WhatsApp or Telegram), or via an online questionnaire.  During an interview, Ryder will never ask for any form of payment or banking details and will never solicit personal information outside of the formal submitted application through www.ryder.com/careers.

Should you have any questions regarding the application process or to verify the legitimacy of an interview or Ryder representative, please contact Ryder at careers@ryder.com.

Current Employees:

If you are a current employee at Ryder, please click here to log in to Workday to apply using the internal application process.

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
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