SVP, Corp Assoc Gen Cnsl
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 Senior Vice President Senior Counsel will provide legal support to Capital Markets, Servicing, and Secondary Marketing on a variety of purchase and sale transactions, servicing and subservicing agreements, confidentiality agreements, derivatives, and investment adviser-related matters.
Requirements
- Post-graduate degree
- 5+ years of relevant work experience
- Significant experience in secondary market and capital markets transactions, including bulk whole loan sale transactions, third party mortgage securitization transactions and related regulatory and compliance requirements
- Licensed to practice law in CA or TX
- Must be highly proficient in Word
- Must be a team player, with the ability to work independently, and possess a strong attention to detail, excellent critical thinking skills, sound judgment and the capacity to handle multiple projects effectively
- Strong business acumen and ability to interface with senior and executive management
Nice To Haves
- Knowledge of mortgage loan origination, underwriting, servicing, and subservicing is a plus
Responsibilities
- Review, negotiate, and draft mortgage loan purchase and sale agreements, third-party mortgage loan securitization agreements, mortgage loan repurchase agreements, mortgage loan servicing and subservicing agreements, and confidentiality agreements
- Structure, draft, and negotiate ISDAs, MSFTAs, and securities repurchase agreements
- Review and update derivatives trading policies, including those related to commodity pool operator and commodity trading advisor compliance
- Draft originator and servicer disclosures in connection with third-party securitizations
- Assist with Investment Advisers Act compliance matters
- Draft and negotiate guarantees and other miscellaneous corporate and commercial documents
- Perform other related duties as required and assigned
- Demonstrate behaviors that 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
Education Level
Ph.D. or professional degree
Number of Employees
501-1,000 employees
