Fay Financial · 4 days ago
Asset Manager
Chicago, IL
Full-time
Onsite
Entry, Mid Level
$55K/yr - $60K/yr
2+ years expFay Financial is a leading real estate and financial services company headquartered in Tampa, Florida. The Asset Manager role involves overseeing the entire life cycle of Real Estate Owned (REO) assets, managing a portfolio to maximize recovery and minimize holding costs while collaborating with various stakeholders.
Financial Services
Responsibilities
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
Managing a portfolio of REO properties
Ensuring that each property is efficiently maintained, marketed, and sold
Oversees pre-marketing, the development of marketing strategies, the repair/rehab process, active listings, marketing, and negotiating offers for the property
Requires close collaboration with vendors, real estate agents, buyers, legal, title companies, and internal stakeholders to ensure seamless operation and compliance with regulatory requirements
Qualification
Required
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
Company
Fay Financial
Fay Financial is a full-scale real estate services company that offers mortgage servicing
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Howard Cohen
Chief Operating Officer
Cari Gordon
Chief Audit Officer
Recent News
2025-02-05
2023-10-18
Company data provided by crunchbase