Associate, MSR Trading

Genstone Realty•Rosemont, IL

9d•$92,500 - $112,000•Hybrid

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 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.

Requirements

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
Expert in Microsoft Excel
Strong working knowledge of SQL and Power BI
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

Nice To Haves

Experience with MSR valuation platforms and behavior models is strongly preferred
Working knowledge of Python and R strongly preferred

Responsibilities

Assisting with pricing, trading, valuation and portfolio management decisions for MSRs.
Performing cash flow modeling and analytics for MSR portfolio valuation and risk management.
Collaborating with internal departments (Finance, Capital Markets, Servicing) to support investment execution and portfolio optimization.