VP Mortgage Finance
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 Vice President Mortgage Finance will negotiate, facilitate and manage the contractual and logistical process of bulk residential whole-loan purchases/sales, commercial loan sales, servicing rights acquisitions/sales as well as derivative transactions, including MSFTAs and ISDAs. As the VP Mortgage Finance, you will manage transactions while fostering client relationships and business growth.
Requirements
- Bachelor's degree, preferably in Business Finance or related field
- 5+ years of relevant work experience
- Strong understanding of advanced concepts of mortgage finance
- Intermediate knowledge of Microsoft Office (Excel, Word and PowerPoint)
Nice To Haves
- Post graduate degree or equivalent preferred
Responsibilities
- Review and negotiate all forms of mortgage related transaction documents
- Create value via structure concepts during contract negotiations with counter-parties
- Translate highly complex problems into easily understood components and actionable objectives
- Prepare portfolio risk analyses to Pennymac’s Investment Committee, including summaries of credit, compliance and servicing-related issues
- Assist with business development initiatives and coordinate deal structures depending on asset types
- Execute any remediation required based on findings from in-process and post due diligence quality control audits
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
