Pricing Strategy Senior Analyst

PennyMac • Westlake Village, CA

74d • $68,000 - $115,000

About The Position

The Senior Pricing Strategy Analyst will perform quantitative research and analytics to support the Corresponding Lending Group's (CLG) business strategies and initiatives. As the Pricing Analyst, you will perform margin management analytics and develop strategies.

Requirements

• Bachelor's degree or equivalent work experience
• 5-8 years of experience with SQL and Excel
• 5-8 years of experience in residential mortgage finance, preferably with such experience in Secondary Marketing or Correspondent Lending
• Must be highly proficient in Excel and Word

Responsibilities

• Build CLG's NEC reporting and trending system
• Perform demand elasticity analysis and building profit optimization model
• Analyze competitive position and automation of competitive intelligence reporting
• Analyze correspondent closing ratios and fall-out sensitivity
• Analyze correspondent prepayment, EPO, and EPD metrics
• Analyze correspondent pipeline behavior including extension/roll/relock activity, time to deliver, number of days from file delivery to purchase, and other operational cost metrics
• Implement client tiering and price differentiation
• Implement trending and surveillance reporting
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree