Collateral Due Diligence Supervisor

PennymacMoorpark, CA
Onsite

About The Position

The Collateral Due Diligence Supervisor is responsible for facilitating all non-agency activity to ensure optimal execution with end investors. As the Supervisor, you will research and resolve issues, engage the end investor or the end investor’s due diligence firm as necessary and report on statuses of trades to leadership and management thereby enabling and supporting the strategic and tactical decision making as it relates to trade execution.

Requirements

  • Bachelor’s degree or higher in Business Administration, Finance or related field, preferably in Accounting or Operations Management
  • 5+ years of experience, preferably in Mortgage Operations
  • Contemporary knowledge of accounting, the mortgage industry and operational practices
  • Functional understanding of applicable Federal, state and local lending regulations
  • Must be highly proficient in Excel and Word

Responsibilities

  • Evaluate due diligence results ensuring management is made aware of any material facts that have bearing on decisions made regarding the trade or trade performance
  • Facilitate the resolution of any issues/findings that should arise during the due diligence process.
  • Provide trade status updates and distribute reporting as necessary
  • Ensure all data and Mortgage Loan Schedules are accurate and any discrepancies are resolved in a timely manner to allow for optimal pricing execution at settlement
  • Collate all due diligence data provided by Pennymac, due diligence firms and Investors to create a single schedule
  • 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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