Senior Business Strategy Manager

Posted 7 Days Ago
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Rosemont, IL, USA
Hybrid
112K-140K Annually
Senior level
Financial Services
The Role
The Senior Business Strategy Manager will oversee projects to enhance revenue, streamline operations, ensure compliance, and implement technology solutions. They will track performance metrics and drive continuous improvement across departments.
Summary Generated by Built In

Fay Servicing is a nationally recognized mortgage servicer known for delivering borrower-focused support and investor-driven results. As a subsidiary of Fay Financial and a key part of The Fay Group, Fay Servicing specializes in managing re-performing and non-performing loans, as well other specialty products like Non-QM, jumbo, business purpose loans.

Fay Servicing’s high-touch servicing model emphasizes personalized care, helping homeowners navigate escrow, payments, and hardship solutions with confidence. For clients, we offer a strategic, transparent partnership built on operational excellence, real-time reporting, and regulatory compliance. Fay’s end-to-end servicing capabilities cover early-stage collections, loan modifications, property preservation, and default management. We also offer interim and business purpose servicing, including the infrastructure to oversee renovations and manage rents.

Headquartered in Tampa and operating nationwide, Fay Servicing combines deep industry expertise with cutting-edge technology to reduce risk, improve portfolio performance, and ensure an exceptional experience for both borrowers and investors.

Reporting to the Chief of Staff, Servicing, this position will be responsible for supporting all departments within Fay Servicing in the planning, support, execution of projects and strategies focused on driving increased revenue, cost savings, operational enhancements, regulatory requirements, and strengthening controls. The Senior Business Strategy Manager will also proactively define recommended process and technology enhancements and solutions, and present them for consideration. 

This position will also support any designated activities required to define and track SLAs, KPIs and performance metrics for all departments within Fay Servicing.  This person will drive and continuously evolve the Business Strategy Execution methodology, communication plans, processes, and tools to ensure they are aligned. Additionally, this role is responsible for collaborating with the Policies and Procedures team that supports the enterprise while ensuring appropriate representation and adherence to all regulations

Qualifications Include: 

  • Bachelor’s degree in business or related field, or commensurate experience required
  • 10+ years’ experience with residential mortgage, commercial mortgage, insurance, and other financial products
  • 5+ years’ experience with knowledge in key areas encompassed within the Financial Services division assigned (originations, insurance, etc.)
  • 5+ experience in process implementation to include demonstrated experience researching and adapting best practices to align with business and product needs
  • Comprehensive knowledge of project and product management lifecycles, to include gathering and prioritizing business requirements and product vision
  • Strong Microsoft Office skills, particularly in using Visio to develop process flows, Excel to compile and analyze data, and PowerPoint to develop presentations
  • Ability to independently drive implementation and integration of key initiatives and improvements within the Financial Services division
  • Ability to understand and document processes, and have a high level of problem solving, process improvement, and product management skills
  • Effective verbal and written communication skills with the ability to tailor them to all audiences within the organization
  • High learning agility with the ability to learn and integrate multiple variables, make connections and identify/ implement successful solutions
  • Demonstrated leadership skills to lead in both formal and matrixed environments
  • Strong interpersonal skills with the ability to develop and maintain effective relationships
  • Proven analytical and organizational skills
  • Strong interpersonal skills
  • Collaborative work style; high team-orientation
  • Ability to analyze and interpret data to identify opportunities and propose solutions
  • Strong attention to detail; strong compliance orientation; high quality of work product
  • Ability to prioritize; effective time management
  • Professional maturity, integrity, ability to maintain confidential data and information
  • Strong business acumen; strong fiscal and technical aptitude

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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 $112,100.00 - $140,000.00 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.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Bachelor's degree in business or related field
  • 10+ years' experience in residential mortgage, commercial mortgage, insurance, financial products
  • 5+ years' experience in financial services
  • 5+ years' experience in process implementation
  • Strong Microsoft Office skills, particularly in Visio, Excel, PowerPoint
  • Ability to drive implementation and integration of initiatives
  • Ability to document processes
  • Leadership skills in formal and matrixed environments
  • Proven analytical and organizational skills
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The Company
Chicago, IL
412 Employees
Year Founded: 2008

What We Do

Founded in early 2008 to address challenges created by the growing housing crisis, our company is committed to providing innovative servicing solutions for both performing and non-performing mortgages. Until recently, the existing traditional mortgage servicers were adequately able to handle the mortgages under their care. The functioning premise of their servicing models was a high volume, low delinquency approach. However, in the last two years, due to many factors, residential mortgages have begun experiencing unprecedented levels of delinquency. As a direct result, many servicers quickly found themselves overwhelmed and unable to effectively manage the resulting complications. We conducted an exhaustive analysis of the existing mortgage servicing industry and gained valuable insight into the short-comings of current mortgage servicers. Realizing that even adapting an existing approach was wrought with immense challenges including legacy portfolio issues and unproductive corporate cultures, we decided to build a new model from the ground up, the focus of which would be to benefit both the homeowners and the lenders.

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