Margin Management Senior Analyst - Pennymac
Westlake Village, CA 91361
About the Job
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 Senior Margin Management Analyst will coordinate the implementation of divisional policy and procedures associated with margin management in the Products and Pricing Group within Pennymac’s Correspondent Group. As the Senior Analyst, you will work with the sales team to implement strategic initiatives resulting from anomalies in trending reports with expectation of driving increased volume or margin at the client, product or attribute level.
The Senior Margin Management Analyst will:
- Coordinate margin change requests on a daily, weekly and monthly basis
- Serve as a key contributor on reporting routines to accurately track the impact of margin changes to revenue
- Improve and expand book level reporting suite to best communicate revenue performance of dynamic strategies to senior management
- Complete analysis of volume and margin trending at client, program and attribute level to identify impact to pricing strategy
- Develop competitive intelligence research and reporting
- Implement strategic initiatives impacting the pricing of products or attributes at the book level
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s desired culture and values
- Bachelor’s degree or equivalent work experience
- 3+ years of relevant work experience
- Must be highly proficient in MS Suite, with experience in modeling, pivot tables and SQL, preferred
- Financial Services and mortgage industry experience preferred
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:$68,000 - $115,000Work Model:OFFICE
