Senior Associate Portfolio Management MSR

Fay Financial•Chicago, IL

6d•$175,000 - $200,000

About The Position

The Senior Associate, Portfolio Management (MSR) supports the management and optimization of MSR investments through performance analytics, valuation support, risk assessment and transaction execution. Supporting executive leadership, this position evaluates investment opportunities, monitors portfolio performance and contributes analytical insights that inform investment strategy and capital deployment decisions. Acting as a key analytical partner across Investment, Capital Markets, Asset Management, Finance and Data Analytics teams, this role integrates market perspectives with servicing performance considerations to enhance portfolio outcomes. This role is responsible for supporting acquisition and ongoing portfolio optimization through cash flow analysis, scenario modeling and performance monitoring, while strengthening analytical infrastructure that supports disciplined investment decision-making across the MSR platform.

Requirements

Bachelor’s degree in Finance, Economics, Business, Mathematics, Statistics or a related quantitative field
7+ years of relevant experience in mortgage finance, MSR valuation, capital markets, structured products, fixed income or portfolio analytics
Experience supporting investment analysis, valuation, transaction diligence and/or MSR acquisitions (including co-issue transactions or bulk trades or equivalent training)
Strong understanding of mortgage cash flow dynamics, servicing economics and key performance drivers (including prepayment, delinquency and cost-to-service)
Understanding of mortgage prepayment behavior and portfolio runoff dynamics, with the ability to connect performance trends to investment implications
Demonstrated experience analyzing loan-level data and portfolio performance metrics
Familiarity with interest rate risk concepts, including duration, convexity and interest rate sensitivity
Exposure to hedging concepts or capital markets strategy
Understanding of agency and non-agency mortgage products
Proficient with Excel, including financial modeling and scenario analysis
Experience working with large datasets and synthesizing analytical findings into actionable insights
Experience with Power BI, Tableau, SQL, Python or similar analytics tools
Demonstrated ability to communicate analytical insights clearly to senior stakeholders
Experience collaborating cross-functionally with capital markets, finance, servicing and data analytics teams
Strong financial modeling capability, including cash flow modeling, scenario analysis and evaluation of valuation assumptions and market sensitivities
Strong analytical and quantitative problem solving skills, including the ability to interpret loan level data and identify key performance drivers
Ability to synthesize complex analyses into clear, decision useful insights and communicate findings effectively through strong verbal and written communication
Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization
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

Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) designation or active progress toward completion, strongly preferred.

Responsibilities

Supports the management and optimization of MSR investments through performance analytics, valuation support, risk assessment and transaction execution.
Evaluates investment opportunities.
Monitors portfolio performance.
Contributes analytical insights that inform investment strategy and capital deployment decisions.
Integrates market perspectives with servicing performance considerations to enhance portfolio outcomes.
Supports acquisition and ongoing portfolio optimization through cash flow analysis, scenario modeling and performance monitoring.
Strengthens analytical infrastructure that supports disciplined investment decision-making across the MSR platform.