Fay Financial
Asset Manager
Join to apply for the Asset Manager role at Fay Financial. Headquartered in Tampa, Florida, Genstone goes beyond the role of a “traditional brokerage” with a commitment to delivering innovative real estate services to consumers and our team of real estate professionals. Backed by Fay Financial, one of the nation’s largest real estate and financial services companies, our aggressive growth strategy leverages many of our in‑house affiliated business partners to deliver extraordinary service in mortgage, title, insurance, property management, and home renovations – an approach most real‑estate brokerages do not offer.
Reporting to the AVP, Asset Disposition, this position oversees the entire life cycle of Real Estate Owned (REO) assets, from acquisition to disposition, with the goal of maximizing recovery and minimizing holding costs. This position is responsible for managing a portfolio of REO properties, ensuring that each property is efficiently maintained, marketed, and sold. Additionally, the Asset Manager oversees pre‑marketing, the development of marketing strategies, the repair/rehab process, active listings, marketing, and negotiating offers for the property. This role requires close collaboration with vendors, real estate agents, buyers, legal, title companies, and internal stakeholders to ensure seamless operation and compliance with regulatory requirements.
Qualifications
Bachelor’s degree in Real Estate, Business, Finance, or related field (or equivalent combination of years of experience with High School diploma/GED)
2+ years’ experience as an REO Asset Manager
2+ years’ experience in the real estate or mortgage industry
Working knowledge of REO processes and property disposition strategies
Proficient in real estate asset management software and loan servicing systems
Strong verbal and written communication skills
Strong interpersonal skills with the ability to effectively interact with clients, agents, and other stakeholders
Strong negotiation skills
Strong analytical skills and problem‑solving abilities
Solid decision‑making abilities coupled with sound judgment
Strong time management skills
Ability to prioritize numerous tasks and manage shifting priorities
Client focused with strong execution skills and results orientation
High level of precision with attention to detail and consistency
Flexible, open to change, and able to learn new things quickly
Ability to work in a collaborative environment and provide guidance for working groups
Strong skills in MS Word, Excel, and PowerPoint
Benefits
Medical, Dental and Vision Insurance
Company Paid Life Insurance
Disability Insurance
Pet Insurance
401k Program with Employer Matching
3 Weeks Paid Time Off (PTO)
Paid Holidays
Wellness Initiatives
Employee Assistance Program
Compensation
The hiring range for this position is between $55,000.00-$60,000.00 annually
This position is eligible for a monthly incentive
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. Our employees 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.
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. Fay is an equal‑opportunity workplace. The Fay Group and affiliated companies participate in E‑Verify. For more information go to www.dhs.gov/E-Verify.
Seniority Level Entry level
Employment Type Full‑time
Job Function Finance and Sales
Location Chicago, IL
#J-18808-Ljbffr
Reporting to the AVP, Asset Disposition, this position oversees the entire life cycle of Real Estate Owned (REO) assets, from acquisition to disposition, with the goal of maximizing recovery and minimizing holding costs. This position is responsible for managing a portfolio of REO properties, ensuring that each property is efficiently maintained, marketed, and sold. Additionally, the Asset Manager oversees pre‑marketing, the development of marketing strategies, the repair/rehab process, active listings, marketing, and negotiating offers for the property. This role requires close collaboration with vendors, real estate agents, buyers, legal, title companies, and internal stakeholders to ensure seamless operation and compliance with regulatory requirements.
Qualifications
Bachelor’s degree in Real Estate, Business, Finance, or related field (or equivalent combination of years of experience with High School diploma/GED)
2+ years’ experience as an REO Asset Manager
2+ years’ experience in the real estate or mortgage industry
Working knowledge of REO processes and property disposition strategies
Proficient in real estate asset management software and loan servicing systems
Strong verbal and written communication skills
Strong interpersonal skills with the ability to effectively interact with clients, agents, and other stakeholders
Strong negotiation skills
Strong analytical skills and problem‑solving abilities
Solid decision‑making abilities coupled with sound judgment
Strong time management skills
Ability to prioritize numerous tasks and manage shifting priorities
Client focused with strong execution skills and results orientation
High level of precision with attention to detail and consistency
Flexible, open to change, and able to learn new things quickly
Ability to work in a collaborative environment and provide guidance for working groups
Strong skills in MS Word, Excel, and PowerPoint
Benefits
Medical, Dental and Vision Insurance
Company Paid Life Insurance
Disability Insurance
Pet Insurance
401k Program with Employer Matching
3 Weeks Paid Time Off (PTO)
Paid Holidays
Wellness Initiatives
Employee Assistance Program
Compensation
The hiring range for this position is between $55,000.00-$60,000.00 annually
This position is eligible for a monthly incentive
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. Our employees 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.
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. Fay is an equal‑opportunity workplace. The Fay Group and affiliated companies participate in E‑Verify. For more information go to www.dhs.gov/E-Verify.
Seniority Level Entry level
Employment Type Full‑time
Job Function Finance and Sales
Location Chicago, IL
#J-18808-Ljbffr