EVP, Portfolio Investments
Genstone Realty, Rosemont, IL, United States
Overview
Fay Investments operates in the U.S. residential mortgage loan market with a primary focus on the acquisition and sale of closed, performing mortgage loans. The company sources loan portfolios from a diverse network of originators, including banks, credit unions, and independent mortgage lenders, and actively trades these assets to optimize return on capital and manage risk exposure. By leveraging deep market relationships and a data-driven approach to credit and asset analysis, Fay Investment identifies value opportunities primarily in the non-agency mortgage segments.
The group’s ability to underwrite, price, and execute transactions is a direct result of the expertise and dedication of its team of seasoned investment professionals. With combined experience in structured finance, credit analysis, and secondary market trading, the team provides strategic insight and operational excellence that drive the company’s success in a dynamic and competitive market.
The EVP, Portfolio Investments develops and manages the strategies for purchasing and managing MSRs (Mortgage Servicing Rights) and associated funding structures. This includes ownership of strategic and financial objectives, strategy execution, and the overall operating plan with the objective to drive scale and incremental revenue while working effectively across the organization to contribute to overall enterprise growth and profitability.
Responsibilities Responsibilities include oversight for business operations, including talent acquisition and development, operational performance, required infrastructure, management, and evaluation of systems and models, definition and optimization of workflows and processes to ensure an efficient and effective environment. This role functions as a General Manager, responsible for all facets of Janssen Ridge with the expectation to achieve financial targets, appropriately grow the business, and ensure adherence with company compliance requirements and industry regulations.
Success in this role requires in-depth knowledge and experience with the valuation, trading, and acquisition of MSRs, client management acumen, and the evaluation and management of loan portfolios. Capabilities include strategic thinking, demonstrated leadership, strong influencing skills, ability to build effective internal/external partnerships, a drive for results, and strong business, financial and technical acumen.
Qualifications
Bachelor’s degree in business or related field (or commensurate combination of education and experience)
10+ years of experience in mortgage servicing and/or originations that reflect deep expertise in industry standards, best practices, scalable operating models, and regulatory requirements
Previous depth of experience in managing the purchasing of MSRs and loans
Well-developed experience in developing and managing financial forecasts, budgets, and operating plans
10+ years’ experience managing people and leading teams
Strong financial modeling skills; prior valuation experience of loan portfolios
Strategic leadership with proven ability to foster a positive, collaborative work environment
Strong verbal and written communication skills; ability to effectively communicate at C-Suite level
Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization to influence and drive required results
Collaborative and consultative work style; demonstrated investment in the success of the broader team and organization
Effective management skills to include talent selection, training, coaching, mentorship, and performance management
Demonstrated ability to quickly establish credibility, coupled with for recognizing and supporting the organization’s culture, values, and priorities
Able to manage and lead change; agile; high learning agility
Strong execution skills and results orientation; able to link to business needs with tactical execution and results
Demonstrated critical thinking and problem-solving abilities; strong analytical skills and sound judgement
Demonstrated ability to identify, aggregate, analyze, and interpret data to identify opportunities and propose solutions
Strong attention to detail; focus on diligence and compliance orientation
Ability to effectively prioritize under tight deadlines in a fast-paced, dynamic environment
Professional maturity, integrity, ability to maintain confidential data and information
Strong business acumen; strong fiscal and technical aptitude
Strong skills in MS Word, Excel, and PowerPoint to enable administrative self-sufficiency
Benefits and Compensation
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
Eligible for Hybrid Work Schedule with Remote Flex Days
Compensation
The hiring range for this position is between $225,000.00-$250,000.00 annually
This position is eligible for an annual discretionary bonus
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.
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The group’s ability to underwrite, price, and execute transactions is a direct result of the expertise and dedication of its team of seasoned investment professionals. With combined experience in structured finance, credit analysis, and secondary market trading, the team provides strategic insight and operational excellence that drive the company’s success in a dynamic and competitive market.
The EVP, Portfolio Investments develops and manages the strategies for purchasing and managing MSRs (Mortgage Servicing Rights) and associated funding structures. This includes ownership of strategic and financial objectives, strategy execution, and the overall operating plan with the objective to drive scale and incremental revenue while working effectively across the organization to contribute to overall enterprise growth and profitability.
Responsibilities Responsibilities include oversight for business operations, including talent acquisition and development, operational performance, required infrastructure, management, and evaluation of systems and models, definition and optimization of workflows and processes to ensure an efficient and effective environment. This role functions as a General Manager, responsible for all facets of Janssen Ridge with the expectation to achieve financial targets, appropriately grow the business, and ensure adherence with company compliance requirements and industry regulations.
Success in this role requires in-depth knowledge and experience with the valuation, trading, and acquisition of MSRs, client management acumen, and the evaluation and management of loan portfolios. Capabilities include strategic thinking, demonstrated leadership, strong influencing skills, ability to build effective internal/external partnerships, a drive for results, and strong business, financial and technical acumen.
Qualifications
Bachelor’s degree in business or related field (or commensurate combination of education and experience)
10+ years of experience in mortgage servicing and/or originations that reflect deep expertise in industry standards, best practices, scalable operating models, and regulatory requirements
Previous depth of experience in managing the purchasing of MSRs and loans
Well-developed experience in developing and managing financial forecasts, budgets, and operating plans
10+ years’ experience managing people and leading teams
Strong financial modeling skills; prior valuation experience of loan portfolios
Strategic leadership with proven ability to foster a positive, collaborative work environment
Strong verbal and written communication skills; ability to effectively communicate at C-Suite level
Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization to influence and drive required results
Collaborative and consultative work style; demonstrated investment in the success of the broader team and organization
Effective management skills to include talent selection, training, coaching, mentorship, and performance management
Demonstrated ability to quickly establish credibility, coupled with for recognizing and supporting the organization’s culture, values, and priorities
Able to manage and lead change; agile; high learning agility
Strong execution skills and results orientation; able to link to business needs with tactical execution and results
Demonstrated critical thinking and problem-solving abilities; strong analytical skills and sound judgement
Demonstrated ability to identify, aggregate, analyze, and interpret data to identify opportunities and propose solutions
Strong attention to detail; focus on diligence and compliance orientation
Ability to effectively prioritize under tight deadlines in a fast-paced, dynamic environment
Professional maturity, integrity, ability to maintain confidential data and information
Strong business acumen; strong fiscal and technical aptitude
Strong skills in MS Word, Excel, and PowerPoint to enable administrative self-sufficiency
Benefits and Compensation
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
Eligible for Hybrid Work Schedule with Remote Flex Days
Compensation
The hiring range for this position is between $225,000.00-$250,000.00 annually
This position is eligible for an annual discretionary bonus
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.
#J-18808-Ljbffr