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Fay Servicing, LLC

Associate, MSR Trading

Reposted Yesterday
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Hybrid
Rosemont, IL, USA
93K-112K Annually
Mid level
Hybrid
Rosemont, IL, USA
93K-112K Annually
Mid level
Support the Mortgage Servicing Rights investment strategy through pricing, trading, valuation, and portfolio management, collaborating with internal departments.
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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 Vice President, Valuations, this position supports Fay’s Mortgage Servicing Rights investment strategy by assisting with pricing, trading, valuation and portfolio management decisions. The role is responsible for cash flow modeling and analytics that contribute to the effective valuation and risk management of the MSR portfolio. The position collaborates with internal departments including Finance, Capital Markets and Servicing to support investment execution and ongoing portfolio optimization.

Qualifications Include:

  • Bachelor’s degree in Finance, Economics, Mathematics, Engineering, Computer Science or related quantitative discipline
  • 3+ years’ experience in structured finance, trading or related financial field
  • 1+ years’ experience focused on Mortgage Servicing Rights (MSRs) or mortgage capital markets
  • Strong understanding of MSR valuation methodologies, cash flow modeling and discounted cash flow analysis
  • Experience with MSR valuation platforms and behavior models is strongly preferred
  • Expert in Microsoft Excel, with strong working knowledge of SQL and Power BI
  • Working knowledge of Python and R strongly preferred
  • Strong verbal and written communication skills
  • Ability to function in a pressure environment with defined times for deliverables
  • Strong interpersonal skills
  • Strong analytical and problem-solving skills
  • 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

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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
  • Eligible for Hybrid Work Schedule with Remote Flex Days

Compensation

  • The hiring range for this position is between $92,500.00 - $112,000.00 annually
  • This position is eligible for an annual discretionary bonus 

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.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Fay Servicing, LLC Chicago, Illinois, USA Office

440 S. LaSalle St., Chicago, IL, United States, 60605

Fay Servicing, LLC Oakbrook Terrace, Illinois, USA Office

Oakbrook Terrace, United States

Fay Servicing, LLC Woodridge, Illinois, USA Office

Woodridge, United States

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