Distressed Asset Manager Jobs (NOW HIRING)

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.

This role is responsible for the evaluation and restructuring of distressed commercial debt on individual and groups of properties for major banks, REITs, hedge funds and insurance companies. The position manages the performance of a complex, diversified portfolio, including Residential Transitional Loans (RTLs), Build-to-Rent (B2R) loans, Multi-Family loans, Single-Family Rental (SFR) loans and other structured loan products.

The Senior Asset Manager proactively evaluates portfolio risk, identifying emerging market opportunities and leveraging data-driven insights to guide investment strategies. The position is accountable for driving portfolio growth through advanced financial analysis, strategic asset disposition structuring and high-level collaboration with clients and internal leadership.

Qualifications Include:

• Bachelor's degree in finance, real estate or related field (or equivalent combination of years of experience with High School diploma/GED)
• 5+ years’ experience in asset management, investment management or related field
• 4+ years’ experience in the mortgage servicing industry
• Strong understanding of loan documentation and real estate from a business perspective
• Strong experience with various loan servicing systems (e.g., MSP, TMO, Fiserv, FICS)
• Demonstrated experience working in a fast-paced work environment
• Prior experience in private lending is preferred
• Strong knowledge of Microsoft Office products (Excel, Word and PowerPoint)
• Strong verbal and written communication skills
• Strong listening skills with the ability to facilitate meetings and effectively lead discussions
• Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization
• Strong problem solving, data collection, analysis and decision-making skills; ability to analyze and interpret data to identify opportunities
• 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 $110,000.00 - $125,000.00 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.