Director, Asset Management

Chromalloy is a global engineering & solutions company. We are a leading provider of aftermarket parts, repairs, and solutions that safely & reliably extend the life of aircraft engines and gas turbines. We develop, manufacture and repair critical turbine components for a range of engine platforms. Our solutions support the engines running the aerospace, energy and defense industries around the world.

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Why work at Chromalloy?

Chromalloy employees are proud, passionate problem-solvers who strive to live our values every day. A career with Chromalloy is an opportunity to learn from top industry experts, work with important technologies, and unlock a passion for innovation. Join our team of experts, innovators and problem-solvers delivering world-class solutions for our customers. As a global company, we are committed to creating an inclusive environment where all employees feel represented, heard, and able to bring their best selves to work every day. Be part of something bigger with Chromalloy!

Our Total Rewards Program is designed to support you today and in the future.

• Comprehensive and flexible benefit options starting on day one, including medical, dental, vision, EAP, wellness incentives, and 401(k) with employer matching.
• Development & progression opportunities for every employee - regular performance conversations, training and development curriculum, and engineering fellowship programs.
• Paid time off, including vacation, sick time, paid holidays, and parental leave-all eligible on your first day of employment!
• Competitive pay, including eligibility for quarterly and annual bonuses, depending on role and site.

Eligibility for individual benefit plans may vary based on employment status.

Reporting to the President of Chromalloy Material Solutions, the Director of Asset Management is a senior leadership position at CMS. Prime responsibility is to own the Profit and Loss responsibility of our engine and USM businesses and lead the Engine Product Line Managers and Purchasing teams.

Key Responsibilities:

• Own the profit and loss responsibility for engine products by ensuring accurate asset valuation models and processes exist to evaluate engines and modules. Implement processes and tools to determine market-responsive pricing strategies for USM (Used Serviceable Material) parts, and support engine trading and build operations with real-time asset insights and inventory planning.
• Lead a team of engine Product Line Managers to develop and implement innovative, data-driven strategies to maximize return on investment for engine, module and parts assets.
• Manage a purchasing team that sources USM and new material globally to support both CMS and other Chromalloy sites.
• Maintain deep technical and market expertise across relevant engine platforms. Monitor and assess the impact of factors such as service bulletins (SBs), airworthiness directives (ADs), repair developments, work scope planning, and lifecycle trends on asset valuation and commercial planning.
• Collaborate closely with the USM sales team to continuously evaluate and recalibrate part pricing in alignment with current market conditions, inventory velocity, and profitability targets.
• Own and enhance comprehensive valuation models that incorporate current part configuration, SB/AD compliance, life-limited part (LLP) status, remaining cycles, projected repair costs, material yield assumptions, and real -time fair market value estimates.
• Own full lifecycle profitability of assets by overseeing structured lot reviews and variance analyses. Continuously track actual performance against modeled forecasts and execute strategic adjustments to ensure financial targets are met or exceeded.
• Partner with engine build teams to determine the most cost-effective overhaul work scopes and material selection, balancing turnaround (TAT), technical feasibility, and cost efficiency to support optimal build outcomes.

Qualifications:

• Minimum of 10 years of relevant engine experience in at least one of PW4000, CF6-80C2, V2500 or CFM56 engine product lines. Preferably to include time with an engine OEM, MRO facility or operator.
• Proven achievements in program or product management and commercial endeavors.
• Experience leading a team of professionals in a relevant technical or commercial setting.

• Excellent communication and interpersonal skills, with the ability to effectively engage with customers, internal teams and senior leadership.

• Strong analytical and problem-solving skills and an ability to think creatively in a fast-paced environment.
• Proficient in the use of Microsoft Office with strength in excel modeling.
• Ability to lead teams in a fast based and entrepreneurial setting.

• Ability to travel approximately 20% of the time for customer visits and industry events.
• Relevant bachelor's degree.

Preferred Qualifications:

• Previous experience and achievement managing engine and materials.
• Working knowledge of Quantum and lot accounting.

• Prior experience with engine product line management.
• Experience managing engine or component maintenance agreements.
• Experience developing engine overhaul work scopes.
• Engineering degree and / or MBA

The salary range for this position reflects a broad spectrum of experience levels. Individual compensation within the range is determined by multiple factors, including relevant experience, education, certifications, job related skills, internal equity, and market conditions. We evaluate each candidate individually to ensure fair and competitive pay decisions.

If this position requires access to export-controlled technology and technical data, as defined in the Export Administration Regulations and or the International Traffic in Arms Regulations, any offer of employment is contingent upon Chromalloy's determination, in its sole discretion, if any additional authorization for the employee to access such technology is required and obtainable in a manner that meets its immediate business needs prior to beginning work.

Chromalloy participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

Any offer of employment will also be conditioned upon the successful completion of a background investigation and drug screen in accordance with company policy and applicable federal and state regulations.

Chromalloy is an equal opportunity employer - vets/disabled.

In the United States, if you need a reasonable accommodation for the online application process due to a disability, please contact: https://www.chromalloy.com/contact-us/