Fay Financial
Senior Financial Analyst
Fay Financial, Chicago, Illinois, United States, 60290
The Fay Group, 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 to refinance for existing mortgages.
The Fay Group 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. We consider the people behind those mortgages and work hard to give them the best chance possible to stay in their homes.
Fay Cares!The Fay-Constructive Foundation was established to fulfill the philanthropic mission of The Fay Group 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!We are currently looking for a
Senior Financial Analyst
to join our team!
Reporting to the Senior Director, FP&A, the position is responsible for conducting advanced financial analysis through complex models, enabling the optimization of revenue and cost recovery. The position includes leading the development, implementation, and monitoring of the company's financial planning processes while actively contributing to the company's financial strategy. The role will partner to provide, supporting long-term financial sustainability, and enabling informed decision-making to drive the organization's success.
Additionally, the position will assess risks, conduct market analysis, and ensure strict compliance with financial regulations. The role will collaborate with stakeholders to align financial performance with the overall objectives of the business while continuously improving processes and driving efficiencies.
What you will do for Fay:
Contribute to the development and execution of the company's financial strategy, aligning financial goals with overall business objectivesCompare and analyze workout incentive fees against business production, reporting variances and findingsConduct in-depth research on revenue variances by client and identify root causes for these variancesPrepare aged receivable reports, clearly displaying amounts due by clientPartner with the Accounts Receivable team to strategize and improve collectionsPrepare and evaluate complex financial reports, providing insights and recommendations for revenue enhancement and cost recoveryDevelop and maintain intricate financial models that provide a basis for strategic financial planning and forecastingUtilize advanced financial modeling techniques to simulate various financial scenarios, enabling the company to make informed decisions about investments, resource allocation, and risk assessmentCollaborate on special projects as requested by leadership, which may include commercial servicing, fee logic, or support for Fay AffiliatesProvide recommendations for optimizing revenue and minimizing costs to support long-term financial sustainabilityContribute to the development and execution of projects and job responsibilities to achieve financial goalsCollaborate with risk management teams to ensure the company's financial well-being is protected. Identify potential financial risks and vulnerabilities and develop plans to mitigate them.Conduct market research and analysis to identify emerging trends and opportunities. Provide data-driven insights to guide decision-making related to market expansion or diversificationEffectively communicate financial findings, forecasts, and recommendations to executive leadership and other stakeholdersCollaborate with cross-functional teams to drive financial initiatives and ensure alignment with company objectivesContinuously assess and improve financial processes and reporting methods to enhance efficiency and accuracyAutomate routine financial tasks to reduce manual efforts and minimize errorsStay up to date with financial regulations and industry standards and ensure that the company's financial practices are compliant with all applicable laws and regulationsCollaborate with legal and compliance teams to address any financial compliance issuesDefine key performance indicators (KPIs) and metrics for tracking financial performance and progress toward financial goalsPrepare and present regular performance reports for executive leadership reviewDevelop domain knowledge of Fay's business to include an understanding of organizational objectivesMaintain broad influence through ongoing development of relationships across the organization.Ensure compliance with Fay's policies, processes, and practices. Attend and successfully complete all department and company-required trainingRole model Fay's Values, Operating Principles, ethical standards, professionalism, and code of conductWhat you will bring to Fay:
Bachelor's degree in Finance, Accounting, or a related field (Master's degree or relevant certification, such as CFA, is preferred)5+ years' demonstrated experience with financial analysis2+ years' experience in mortgage, servicing, or similar industryKnowledge of state-specific requirementsExperience in Planful or similar FP&A Reporting software preferredStrong skills in MS Word, Excel, and PowerPointStrong verbal and written communication skillsStrong interpersonal skillsCollaborative work style; high team-orientationOpen to change; agile; high learning agilityStrong analytical skills coupled with sound judgementStrong problem-solving abilitiesAbility to analyze and interpret data to identify opportunities and propose solutionsStrong project management skillsStrong attention to detail; strong compliance orientation; high quality of work productAbility to prioritize; effective time managementSelf-directed; ability to proactively ask questions and surface issues/ concernsProfessional maturity, integrity, ability to maintain confidential data and informationStrong business acumen; strong fiscal and technical aptitudeStrong skills in MS Word, Excel, and PowerPoint
Equity and Inclusion are embedded into our way of working 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 here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify. E-Verify is a registered trademark of the U.S. Department of Homeland Security.
The Fay Group 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. We consider the people behind those mortgages and work hard to give them the best chance possible to stay in their homes.
Fay Cares!The Fay-Constructive Foundation was established to fulfill the philanthropic mission of The Fay Group 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!We are currently looking for a
Senior Financial Analyst
to join our team!
Reporting to the Senior Director, FP&A, the position is responsible for conducting advanced financial analysis through complex models, enabling the optimization of revenue and cost recovery. The position includes leading the development, implementation, and monitoring of the company's financial planning processes while actively contributing to the company's financial strategy. The role will partner to provide, supporting long-term financial sustainability, and enabling informed decision-making to drive the organization's success.
Additionally, the position will assess risks, conduct market analysis, and ensure strict compliance with financial regulations. The role will collaborate with stakeholders to align financial performance with the overall objectives of the business while continuously improving processes and driving efficiencies.
What you will do for Fay:
Contribute to the development and execution of the company's financial strategy, aligning financial goals with overall business objectivesCompare and analyze workout incentive fees against business production, reporting variances and findingsConduct in-depth research on revenue variances by client and identify root causes for these variancesPrepare aged receivable reports, clearly displaying amounts due by clientPartner with the Accounts Receivable team to strategize and improve collectionsPrepare and evaluate complex financial reports, providing insights and recommendations for revenue enhancement and cost recoveryDevelop and maintain intricate financial models that provide a basis for strategic financial planning and forecastingUtilize advanced financial modeling techniques to simulate various financial scenarios, enabling the company to make informed decisions about investments, resource allocation, and risk assessmentCollaborate on special projects as requested by leadership, which may include commercial servicing, fee logic, or support for Fay AffiliatesProvide recommendations for optimizing revenue and minimizing costs to support long-term financial sustainabilityContribute to the development and execution of projects and job responsibilities to achieve financial goalsCollaborate with risk management teams to ensure the company's financial well-being is protected. Identify potential financial risks and vulnerabilities and develop plans to mitigate them.Conduct market research and analysis to identify emerging trends and opportunities. Provide data-driven insights to guide decision-making related to market expansion or diversificationEffectively communicate financial findings, forecasts, and recommendations to executive leadership and other stakeholdersCollaborate with cross-functional teams to drive financial initiatives and ensure alignment with company objectivesContinuously assess and improve financial processes and reporting methods to enhance efficiency and accuracyAutomate routine financial tasks to reduce manual efforts and minimize errorsStay up to date with financial regulations and industry standards and ensure that the company's financial practices are compliant with all applicable laws and regulationsCollaborate with legal and compliance teams to address any financial compliance issuesDefine key performance indicators (KPIs) and metrics for tracking financial performance and progress toward financial goalsPrepare and present regular performance reports for executive leadership reviewDevelop domain knowledge of Fay's business to include an understanding of organizational objectivesMaintain broad influence through ongoing development of relationships across the organization.Ensure compliance with Fay's policies, processes, and practices. Attend and successfully complete all department and company-required trainingRole model Fay's Values, Operating Principles, ethical standards, professionalism, and code of conductWhat you will bring to Fay:
Bachelor's degree in Finance, Accounting, or a related field (Master's degree or relevant certification, such as CFA, is preferred)5+ years' demonstrated experience with financial analysis2+ years' experience in mortgage, servicing, or similar industryKnowledge of state-specific requirementsExperience in Planful or similar FP&A Reporting software preferredStrong skills in MS Word, Excel, and PowerPointStrong verbal and written communication skillsStrong interpersonal skillsCollaborative work style; high team-orientationOpen to change; agile; high learning agilityStrong analytical skills coupled with sound judgementStrong problem-solving abilitiesAbility to analyze and interpret data to identify opportunities and propose solutionsStrong project management skillsStrong attention to detail; strong compliance orientation; high quality of work productAbility to prioritize; effective time managementSelf-directed; ability to proactively ask questions and surface issues/ concernsProfessional maturity, integrity, ability to maintain confidential data and informationStrong business acumen; strong fiscal and technical aptitudeStrong skills in MS Word, Excel, and PowerPoint
Equity and Inclusion are embedded into our way of working 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 here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to www.dhs.gov/E-Verify. E-Verify is a registered trademark of the U.S. Department of Homeland Security.