Assistant VP Margin Management
About The Position
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. The Assistant Vice President Margin Management will support the implementation of corporate policy and divisional strategy regarding margin management activity within PCG. As the AVP Margin Management, you will be responsible for managing daily processes to implement client margin adjustments and critical reporting routines conducted by the margin management team.
Requirements
- Bachelor’s degree or equivalent work experience
- 5+ years of relevant work experience
- Prior experience working on projects or processes related to management of margin or revenue goals
- Must be highly proficient in MS Suite, with experience in modeling, pivot tables and SQL preferred
- Financial Services and mortgage industry experience required
Responsibilities
- Manage process to implement client margin change requests on a daily, weekly and monthly basis
- Contribute to suite of reporting to communicate book-level revenue performance to senior management
- Complete analysis of volume and margin trending by various attributes and identify impact to pricing strategy
- Interact with sales to obtain market color and create strategies to maximize revenue on a client level
- Support sales team by creating regular margin trending updates, identifying areas of opportunity for next-level analysis
- Maintain and enhance detailed reporting book with analysis on PCG market share and trends
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s desired culture and values
Benefits
- Comprehensive Medical, Dental, and Vision
- Paid Time Off Programs including vacation, holidays, illness, and parental leave
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
- Retirement benefits, life insurance, 401k match, and tuition reimbursement
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1,001-5,000 employees
