Asset Manager

Genstone is the holding company within The Fay Group, providing a broad suite of property services solutions to homeowners and real estate investment services to institutional clients nationwide. Through its network of specialized subsidiaries, Genstone offers property management, renovations, business purpose lending, real estate brokerage, title and escrow, home financing, and insurance services, as well as whole loan trading and the acquisition and sale of closed, performing mortgage loans.

Built on a foundation of integration and execution, Genstone delivers turnkey support for property acquisition, improvement, and performance optimization. Its services are aligned to serve the full lifecycle of a real estate investment - whether for individual investors or large-scale portfolios - ensuring efficiency, transparency, and long-term value creation. By leveraging shared resources across The Fay Group, including legal, compliance, and technology infrastructure, Genstone provides scalable solutions that adapt to dynamic market conditions and help maximize asset returns for both homeowners and clients.

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 a operation and compliance with regulatory requirements.

Qualifications Include:

• 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, ability 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

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Featured 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 $50,000.00 - $60,000.000 annually
• This position is eligible for an additional monthly incentive

Fay Cares!

The Fay-Genstone 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.