Mortgage Financial Analyst
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 Mortgage Finance Analyst will assist in a full range of activities related to the facilitation and management of bulk residential whole-loan purchases and sales, bulk servicing rights acquisitions and sales and derivative transactions including MSFTAs and ISDAs. As the Financial Analyst, you will assist in working through necessary pricing elements and other relevant data needed to ensure smooth and timely settlement of transactions.
Requirements
- Bachelor's degree and interest in Capital Market functions
- 1+ years of relevant work experience
- Highly detail-oriented due to the significant and immediate financial impact on valuation, pricing and trading
- Basic knowledge of Microsoft Excel required
Responsibilities
- Analyze crucial information from counterparties to ensure completion of due diligence and related items for the execution of trades
- Prepare (weekly, monthly, quarterly) reports based on key data elements, including weekly market updates, trade status updates, and monthly and quarterly action items
- Aid in the preparation of portfolio risk analyses to Pennymac’s Investment Committee, including summaries of credit, compliance and servicing related issues
- Negotiate confidentiality agreements for all transaction types
- Ensure the reconciliation and validation of all third party expenses related to due diligence
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s 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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
