Pricing Strategy Senior Analyst

PennyMac • Westlake Village, CA

80d • $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. The Senior Pricing Strategy Analyst will build CLG's NEC reporting and trending system, perform demand elasticity analysis, and build profit optimization models. You will analyze competitive position and automate competitive intelligence reporting, correspondent closing ratios and fall-out sensitivity, correspondent prepayment, EPO, and EPD metrics, and correspondent pipeline behavior including extension/roll/relock activity, time to deliver, number of days from file delivery to purchase, and other operational cost metrics. Additionally, you will implement client tiering and price differentiation, trending and surveillance reporting, and perform other related duties as required and assigned. It is essential to demonstrate behaviors that align with the organization's desired culture and values.

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 in Secondary Marketing or Correspondent Lending.
• Highly proficient in Excel and Word.

Responsibilities

• Perform quantitative research and analytics to support the Corresponding Lending Group's business strategies and initiatives.
• Conduct margin management analytics and develop strategies.
• Build CLG's NEC reporting and trending system.
• Perform demand elasticity analysis and build profit optimization models.
• Analyze competitive position and automate 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, and operational cost metrics.
• Implement client tiering and price differentiation.
• Implement trending and surveillance reporting.
• Perform other related duties as required and assigned.

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: Real Estate
• Education Level: Bachelor's degree