Treasury Manager
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. A Typical Day The Manager will participate in and manage the negotiation, facilitation, contractual and logistical process of non-agency securitizations as well as mortgage servicing rights securitizations. In addition, the candidate will participate in cash management initiatives, liquidity forecasting, reporting, and analytics.
Requirements
- Bachelor's degree or equivalent work experience
- 5+ years of relevant work experience
- Must be proficient in Excel
- Experience and knowledge of mortgage banking a plus
- Working knowledge of financial and accounting concepts with prior experience in mortgage loan or mortgage backed securities desirable
Responsibilities
- Understand concepts of structured finance including agency and non-agency securitizations, mortgage servicing rights securitizations and warehouse financings
- Thoroughly review and negotiate all forms of related transaction documents
- Manage transactions while fostering internal and external client relationships and business growth
- Ensure smooth and timely settlement of transactions
- Execute any remediation required based on findings from in-process and post due diligence quality control audits
- Support financing and capital strategy formulation
- Assist with cash balances, secured revolving facilities, and warehouse lines to ensure liquidity, compliance with lender and regulatory requirements, and to minimize interest and fee expenses
- Successfully coordinate across all areas of PennyMac (i.e. Legal, Servicing, Investor Accounting, etc.)
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Credit Intermediation and Related Activities
Number of Employees
1,001-5,000 employees
