Transaction Support Specialist
: Job Details :


Transaction Support Specialist

Fay Servicing

Location: Chicago,IL, USA

Date: 2024-09-25T06:39:08Z

Job Description:

** Transaction Support Specialist**

**Job Category****:** Fay Financial **Requisition Number****:** TRANS002828 Showing 1 location **Job Details**

**Description**

**About Fay:**

**Fay Financial**, originated in 2008, is a **full-scale real estate services company** that offers mortgage servicing, property renovations, business purpose lending, insurance, and more to homeowners, investors, and clients nationwide. Fay handles a wide range of mortgage loan solutions for prospective homeowners with varying credit histories and also offers refinancing for existing mortgages.

**Fay Financial** is made up of separate business units offering a complete range of home ownership products and services that provide customers with solutions to navigate the challenges of home ownership while helping them build toward their long-term financial goals.

**Fay Cares!**

While others in our industry focus on collecting moneyor elsewe take a kinder, more humane approach when homeowners fall short, explains CEO Ed Fay. We consider the people behind those mortgages, and work hard to give them the best chance possible to stay in their homes.

The **Fay-Constructive Foundation** was established to fulfill the **philanthropic mission of Fay Financial employees** to serve the communities in which they live and work. Over 80% of employees across Fay, Constructive, and GenStone affiliate companies 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.

Come join us on our journey to serve our customers and be the leader in our industry!

The **Transaction Support Specialist** will be responsible for managing and monitoring the activities associated with various transactions and projects to support client initiatives including: loan acquisitions, loan sales, securitizations and other client-focused projects. Clients include large private equity/hedge funds, REITs, government entities, insurance companies, investment banks and banks that invest in or manage residential mortgages.

**What you will do for Fay:**

* Provide materials associated with loan pools for purchase, sale and securitization by Fays clients

* Assist in data and reconciliations, client and counterparty requests and coordination of relevant activities

* Obtain and maintain information per transaction that is essential to the servicing operation

* Assign and monitor tasks through inter-departmental coordination

* Communicate, plan, provide, and retrieve information with various internal and external parties including Fays departments and our clients/counterparties

* Provide information and complete due diligence questionnaires associated with potential transactions and business engagements with various counterparties

* Manage and track notices from third parties for routing and handling

**What you will bring to Fay:**

* Bachelors degree in business, finance or similar area; High school diploma/GED required

* 2+ years of experience in the mortgage industry; servicing or originations background desired

* Exceptional oral and written communications skills and good time management

* Proficient in Microsoft Excel (at least VLOOKUP skill); knowledge in Black Knight Financial Services LoanSphere/MSP desired but not required

* Ability to demonstrate initiative and reflect a sense of urgency by meeting or exceeding deadlines

* Detail-oriented, able to handle multiple projects simultaneously, and professional

* Excellent organizational skills

* Excellent writing skills

* Ability to multitask

* Analytical and comfortable with data

We dont just accept diversity we support it, celebrate it, and thrive on it for the benefit of our employees, our customers and our company. We are proud to be an equal opportunity workplace where we strive to think outside, and not simply check, the box.

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Apply Now!

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