Assistant VP Mortgage Financial
About The Position
PENNYMAC 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. A Typical Day The Assistant Vice President Mortgage Finance will assist in the contractual and logistical management of bulk whole-loan purchases, CRE purchases, servicing rights acquisitions/sales, securitization and jumbo sale transactions. As the AVP Mortgage Finance, you will oversee all activities related to the administration of due diligence and valuation analysis in addition to various other Capital Markets related projects.
Requirements
- Bachelor's degree in Business Finance or related field
- 7+ years of relevant work experience
- Understand advanced concepts of mortgage finance
- Demonstrate a presence that inspires confidence in others
- Translate complex problems into components and actionable objectives
- Candidate must be detail-oriented due to the significant and immediate financial impact on valuation/pricing/trading
- Intermediate knowledge of Microsoft Office (Excel, Word and PowerPoint)
Nice To Haves
- Post-Graduate degree or equivalent preferred
Responsibilities
- Negotiate all forms of mortgage related transaction documents excluding structured products
- Develop due diligence scopes (including, but not limited to: credit, compliance, lien and valuation reviews)
- Create value via structure concepts during contract negotiations with counter-parties
- Prepare portfolio risk analysis to Investment Committee, including summaries of credit, compliance and servicing-related issues
- Execute any remediation required based on findings from in-process and post due diligence quality control audits
- 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
Industry
Real Estate
Number of Employees
1,001-5,000 employees
