Asset Manager

Genstone Realty•,

22d•$50,000 - $60,000

About The Position

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.

Requirements

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

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.
Manages 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.