Analyst, Valuations & Interest Rate Sensitive Investments - Pennymac

PENNYMAC:

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:

The VIRSI Analyst will have a focus on the modeling and valuation of mortgage related assets utilized in financial statement reporting, hedging financial risk and in pricing activities. As the Analyst, you will bring an understanding of financial concepts including discounted cash-flows analysis (DCF), fixed income principles, as well as basic accounting principles.

 

The VIRSI Analyst will:

 

• Generate reporting regarding mortgage asset valuation, performance, and other key attributes
• Work with various internal customers to share financial data and key risk metrics
• Query relational databases to answer ad hoc inquiries
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

What You’ll Bring:

• Bachelor's degree in Business, Accounting or a related field
• Must show an understanding of financial concepts, an analytical mindset, and the ability to express and convey information proficiently using all forms of communication
• Business application skills including: Excel, with VBA, SQL, or other coding languages a plus.
• Advanced Excel spreadsheet skills

Why You Should Join:

As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. 

Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported. 

 

Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include: 

• 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

 

To learn more about our benefits visit: 

https://pennymacnews.page.link/benefits

 

Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:

• Lower in range - Building skills and experience in the role
• Mid-range - Experience and skills align with proficiency in the role 
• Higher in range - Experience and skills add value above typical requirements of the role 

 

Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.  

 

Salary:$55,000 - $85,000Work Model:OFFICE