MERS Systems Administrator II
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 MERS Administrator is responsible for performing MERS (Mortgage Electronic Registration System) related functions timely and accurately, in accordance with MERS Rules and MERS policy and procedures. As the Administrator, you will also be responsible for monitoring and managing the Transfer of Service (TOS) and Transfer of Beneficiary (TOB) for all acquisitions.
Requirements
- Bachelor's degree or equivalent work experience
- 1+ years of mortgage or finance industry experience, preferably in loan servicing with MERS knowledge and in a high pace, customer service oriented operation
- Demonstrated ability to make decisions independently within set policies and procedures
- Ability to train and be trained on various lien release-related tasks
- Must be highly proficient in Excel and Word
Responsibilities
- Perform functions within the MERS system (i.e. registrations, deactivations, TOS, and TOB) timely and accurately
- Monitor and manage the volume for all acquisitions, and perform TOS and TOB processes, remaining in compliance with MERS rules and regulations
- Actively interact with the Servicing Transfer Management team with regards to acquisitions
- Maintain a responsible, courteous and professional relationship with other MERS members (lenders, servicers, investors, etc.)
- Complete MERS loan identification number (MIN level) research for any escalated MERS related inquiry
- Review all internal MERS reports, and execute all necessary updates to the MERS system daily
- 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
