What are the responsibilities and job description for the Asset Manager position at Fay Financial?
The Fay Group, originated in 2008, is a full-scale real estate services company that offers mortgage servicing, property renovations, business purpose lending, insurance, and more to homeowners, investors, and clients nationwide. Fay handles a wide range of mortgage loan solutions for prospective homeowners with varying credit histories and also offers to refinance for existing mortgages.
The Fay Group is made up of separate business units offering a complete range of home ownership products and services that provide customers with solutions to navigate the challenges of home ownership while helping them build toward their long-term financial goals. We consider the people behind those mortgages and work hard to give them the best chance possible to stay in their homes.
Fay Cares!
The Fay-Constructive Foundation was established to fulfill the philanthropic mission of The Fay Group employees to serve the communities in which they live and work. Over 80% of employees across Fay, Constructive, and GenStone affiliate companies make voluntary contributions to the Foundation. Each quarter, their contributions are donated to organizations focused on improving education opportunities, combating poverty, and supporting military service members and first responders.
Come join us on our journey to serve our customers and be the leader in our industry! We are currently looking for an Asset Manager to join our team!
Reporting to the EVP, Head of Asset Management, this position optimizes the performance and value of a diversified portfolio including Residential Transitional Loans (RTLs), Build-to-Rent (B2R) loans, Multi-Family loans, Single-Family Rental (SFR) loans and other loan structures. This position oversees asset performance through financial analysis, asset disposition structuring and strategic collaboration with clients, ensuring long-term value enhancement through focused oversight.
Additionally, this role assesses portfolio risks, market trends and investment opportunities to support sustained portfolio growth. This position drives continuous improvements to maximize returns while adhering to regulatory and compliance standards.
What you will do for Fay:
- Oversee asset management activities to analyze, monitor, and evaluate assets throughout the product lifecycle
- Perform in-depth financial analysis to support decision-making, including cash flow modeling, valuation analysis and ROI projections
- Conduct regular financial reviews, such as operating budgets, cash flow analysis and variance reports and develop strategies to enhance property performance
- Prepare and maintain monthly and quarterly asset performance reports for internal and external stakeholders
- Mitigate potential client losses by identifying areas of concern and/ or opportunities, reporting issues and implementing solutions
- Contribute to the drafting and execution of strategic business plans, including quarterly portfolio valuations
- Monitor market trends and regulatory changes, adjusting asset strategies as needed to mitigate risk and capitalize on opportunity
- Collaborate with cross-functional teams, including finance, operations and client relations, to align asset strategies with broader business objectives
- Develop domain knowledge of Fay’s business to include an understanding of organizational objectives
- Ensure compliance with Fay’s policies, processes, and practices. Successfully complete all department and company required training
- Model Fay’s Values, Operating Principles, ethical standards, professionalism and code of conduct
- Demonstrate behaviors that align with Fay's Values and Operating Principles
- Perform other duties and responsibilities as assigned
What you will bring to Fay:
- Bachelor's degree in finance, real estate, or related field (or equivalent combination of years of experience with High School diploma/GED)
- 3 years’ experience in asset management, investment management, or related field
- 2 years’ experience in the mortgage servicing industry
- Solid understanding of loan documentation and real estate from a business perspective
- Experience with various loan servicing systems (e.g., MSP, TMO, Fiserv, FICS)
- Demonstrated experience working in a fast-paced work environment
- Proficient in MS Word, Excel, and PowerPoint
- Solid verbal and written communication skills
- Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization
- Strong problem-solving, data collection, analysis, and decision-making skills; ability to analyze and interpret data to identify opportunities
- Solid decision-making abilities coupled with sound judgment
- Strong time management skills
- Ability to prioritize numerous tasks and manage shifting priorities
- Ability to work independently and manage tight deadlines effectively
- Client-focused with strong execution skills and results orientation
- High level of precision with attention to detail and consistency
- Flexible, open to change, ability to learn new things quickly
- Ability to work in a collaborative environment
Equity and Inclusion are embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected and included and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify. E-Verify is a registered trademark of the U.S. Department of Homeland Security.
