Manager Default Compliance & Quality Assurance - 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.

A Typical Day:

TheManager Default Compliance & Quality Assurance is responsible for the overall production, quality and timeliness of the unit’s work. As the Default Manager, you will develop and enforce department policies and procedures. 

 

The Manager Default Compliance & Quality Assurancewill:

 

• Manage the execution of the PNMAC Quality Control program ensuring it is compliant with investor requirements, meets all program requirements and resources are fully utilized
• Stay abreast of changes in investor requirements in quality assurance and quality control
• Ensure that testing results are accurate and published in accordance with department policies and procedures
• Offer recommendations to production staff to improve quality and assist in implementing them
• Ensure that management is apprised of the results of all QC results on a regular basis
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values
• Monitor, Track and Report Remediation items

What You’ll Bring:

• Bachelor’s degree or equivalent work experience
• 7+ years of relevant work experience
• FHA DE and VA LAPP designations desired
• Extensive applied knowledge of FNMA/ FHLMC, FHA and, VA guidelines
• Must be highly proficient in Excel and Word

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:$65,000 - $100,000Work Model:OFFICE