Assistant Vice President Jobs in California

INTRODUCTION

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.

ROLE AND RESPONSIBILITIES

The Assistant Vice President Collateral Management is responsible for directing all aspects of the operations for collateral servicing functions to meet the organization’s operating and strategic needs.

The Assistant VP Collateral Management will:

• Participate in the build of the centralized repository for all collateral activity
• Request, monitor and audit collateral exception reports from all custodial entities
• Review and determine collateral deficiencies for entire population 60+ loans, extensive analysis of default population
• Partner with Portfolio Strategy team to determine potential population ready for GNMA pooling
• Ability to orchestrate the movement of collateral files for different reasons, i.e. payoff, liquidation, sales etc.
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

BASIC QUALIFICATIONS

• Bachelor’s degree or equivalent work experience
• 7+ years of relevant work experience
• Must be highly proficient in Excel and Word
• Financial Services and, if possible, mortgage industry experience preferred

PREFERRED QUALIFICATIONS

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

For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information

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: $90,000 - $150,000

WORK MODEL: OFFICE