Pennymac has the mindset and agility of a startup, with the power and backing of a large public company.
Phoenix – Mesa – Scottsdale, AZ

Broker Approval Analyst II at Pennymac (Phoenix, AZ)

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Responsible for underwriting complex background reviews for new broker relationships and for ongoing monitoring of approved brokers. Prepare comprehensive memorandums for management review and guidance.
Job Description
  • Conduct review and analysis of prospective and approved mortgage companies and financial institutions
  • Conduct due diligence reviews of prospective and approved brokers
  • Prepare comprehensive memorandums for senior management review
  • Conduct recertification and monitoring in accordance with stated policy
  • Data validation and input into various software applications
  • Develop and update operational procedures to ensure current processes are correctly documented
  • Coordinate efforts and communicate with various internal and external groups, including clients and vendors regarding credit risk management information
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization's desired culture and values
Ideal Candidate will have the following:
  • Bachelor's degree in business administration, finance or related field preferred
  • Financial services and/or mortgage industry experience preferred
  • Ability to analyze financial statements and effectively prepare written analyses
  • Functional understanding of wholesale processes, applicable federal, state and local lending regulations, and mortgage investor guidelines
  • Highly proficient in Microsoft Office Suite
  • Team player with strong interpersonal skills
  • Ability to work independently
  • Proven track record at delivering timely and accurate information in a fast-paced environment
  • Excellent verbal and written communication skills
  • Strong critical thinking, mathematical and problem solving skills; and sound judgment
Years of Experience:
Bachelor's Degree
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What are Pennymac Perks + Benefits

Pennymac Benefits Overview

Pennymac puts its people first. Our generous health, dental and vision benefits are available to all full-time employees. Our tech department also hosts fun, team-building events and activities.

Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Unconscious bias training
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Mental Health Benefits
Retirement & Stock Options Benefits
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Promote from within
Mentorship program
Time allotted for learning
Online course subscriptions available
Customized development tracks

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