Senior Vice President Production Pricing Transaction Management

PennyMac•Westlake Village, CA

53d•Onsite

About The Position

Pennymac is (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 Direct a diverse team of highly-skilled professionals across the Correspondent, Broker Direct, and Consumer Direct channels, translating the division's strategic vision into actionable goals for transaction management and lock desk systems and processes. Assume full ownership of departmental performance, driving the achievement of critical business production and quality metrics through data-driven analysis and continuous process optimization. Spearhead the development and implementation of key system enhancements, focusing on scalable and flexible solutions that ensure operational integrity and compliance with company policy. Foster a culture of excellence by overseeing the team's hiring, training, and professional development, building a pipeline of skilled and motivated experts.

Requirements

Expert-level knowledge of the mortgage production lifecycle, including lock desk operations, trade management, pricing mechanics, pricing systems, and system integrations
Proven ability to lead, mentor, and develop teams, especially through dynamic market cycles
Proficiency in using data to drive performance, with experience in SQL, Snowflake, and advanced Microsoft Excel (e.g. pivot tables, query connections, macro building)
Exceptional communication and presentation skills, with the ability to effectively engage with executive leadership and key stakeholders across the organization
Demonstrated experience in managing mutiple projects and leading staff in a dynamic environment
Demonstrated business acumen and the ability to manage multiple complex projects in a fast-paced environment
A collaborative leadership style with a track record of successfully challenging conventional practices and implementing innovative solutions
Extensive experience in residential mortgage and financial services

Responsibilities

Execute the strategic vision for the Production Pricing Transaction Management department, translating divisional goals into actionable objectives and measurable KPIs to drive performance across all lines of business
Direct and continuously evolve the Transaction Management teams in a highly dynamic environment, providing leadership, direction and management level development
Cultivate and maintain strong, collaborative relationships with senior leadership and key stakeholders across Sales, Mortgage Fulfillment, Technology, Compliance and Capital Markets, acting as the primary point of contact for Transaction Management strategy and performance
Serve as a Production Pricing line-of-business expert for all business channels with regard to all pricing transactions, including policy, process, and systems
Lead change management initiatives within the team, effectively communicating shifts in strategy, process, or technology to ensure smooth transitions and sustained team morale and productivity
Proactively identify, assess, and mitigate operational risks within transaction processes, ensuring strict adherence to all internal policies and external regulatory requirements
Identify and develop high-potential employees and create robust succession plans for key roles to ensure business continuity and promote internal talent mobility
Architect and manage a comprehensive reporting framework to provide executive-level oversight of transactions, delivering actionable insights on performance trends, operational risks, and process integrity

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
We value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities.

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