Post Closing MERS Specialist II - 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:

The Post Closing MERS Specialist II is responsible for performing MERS (Mortgage Electronic Registration System) related functions timely and accurately, in accordance with MERS Rules and MERS policy and procedures. As the Specialist, you will also be responsible for monitoring and managing the Transfer of Service (TOS) and Transfer of Beneficiary (TOB) for all acquisitions.   

 

The Post Closing MERS Specialist II will:

 

• Perform functions within the MERS system (i.e. registrations, deactivations, TOS, and TOB) timely and accurately
• Monitor and manage the volume for all acquisitions, and perform TOS and TOB processes, remaining in compliance with MERS rules and regulations
• Actively interact with the Servicing Transfer Management team with regards to acquisitions
• Maintain a responsible, courteous and professional relationship with other MERS members (lenders, servicers, investors, etc.)
• Complete MERS loan identification number (MIN level) research for any escalated MERS related inquiry
• Review all internal MERS reports, and execute all necessary updates to the MERS system daily
• 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
• 1+ years of mortgage or finance industry experience, preferably in loan servicing with MERS knowledge and in a high pace, customer service oriented operation
• Demonstrated ability to make decisions independently within set policies and procedures
• Ability to train and be trained on various lien release-related tasks
• 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:$39,000 - $55,000Work Model:OFFICE