Collateral Due Diligence Supervisor at Pennymac

Moorpark, California, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Sep, 26

Salary

0.0

Posted On

05 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Due Diligence, Mortgage Operations, Accounting, Lending Regulations, Microsoft Excel, Microsoft Word, Trade Execution, Data Analysis, Reporting, Issue Resolution

Industry

Financial Services

Description

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 Collateral Due Diligence Supervisor is responsible for facilitating all non-agency activity to ensure optimal execution with end investors. As the Supervisor, you will research and resolve issues, engage the end investor or the end investor’s due diligence firm as necessary and report on statuses of trades to leadership and management thereby enabling and supporting the strategic and tactical decision making as it relates to trade execution. The Collateral Due Diligence Supervisor will: Evaluate due diligence results ensuring management is made aware of any material facts that have bearing on decisions made regarding the trade or trade performance Facilitate the resolution of any issues/findings that should arise during the due diligence process. Provide trade status updates and distribute reporting as necessary Ensure all data and Mortgage Loan Schedules are accurate and any discrepancies are resolved in a timely manner to allow for optimal pricing execution at settlement Collate all due diligence data provided by Pennymac, due diligence firms and Investors to create a single schedule 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 higher in Business Administration, Finance or related field, preferably in Accounting or Operations Management 5+ years of experience, preferably in Mortgage Operations Contemporary knowledge of accounting, the mortgage industry and operational practices Functional understanding of applicable Federal, state and local lending regulations 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 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 $55,000 - $85,000 Work Model OFFICE

Responsibilities

The supervisor facilitates non-agency activity to ensure optimal execution with end investors by researching and resolving due diligence issues. They are responsible for reporting trade statuses to leadership and ensuring the accuracy of Mortgage Loan Schedules.