Assistant Vice President, Loan Boarding - Pennymac

PENNYMAC:

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.

Job Overview:

The Assistant Vice President role for Loan Boarding will manage a team of analysts responsible with onboarding loans into the servicing system in a timely manner and ensure data is boarded accurately. Processes involve ensuring accurate data mapping and reviewing any data discrepancies or exceptions. The role requires managing a feedback loop to the channels in which the data come from. The department is also responsible for the transferring of servicing of loans. 

A Typical Day:

The Assistant Vice President Servicing is responsible for managing enterprise-wide projects related to policies and procedures, system changes, and strategic plan execution. As the AVP Servicing, you will also have oversight on contract review and annual compliance requirements thereof. Support of Business Continuity Plan.

 

The Assistant VP Servicing will:

 

• Develop project plans that address key initiatives across all of Loan Servicing
• Monitor key vendor contracts for renewal and annual certification and compliance notices which includes the review of all SAS70 reports and development of company memorandums to address company acknowledgement and compliance.
• Oversee all aspects of the division’s strategic plan including the development of project plans, implementation of changes, and reporting on efforts.
• Track efforts around the obtaining and maintaining of our Servicer Rating – this includes policy and procedure changes, system enhancements, organizational changes, and compliance efforts.
• Support the development and maintenance of Servicing’s Business Continuity Plan.
• 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 or equivalent work experience
• 7+ years of relevant work experience
• Proficiency in MS Office (word, excel, powerpoint, visio)
• Experience in MS SQL or Snowflake
• Strong project management and organizational skills
• Financial Services and, if possible,  mortgage industry experience preferred

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:$75,000 - $130,000Work Model:OFFICE