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 Business Controls Specialist II provides analytical and project management support integrating credit, compliance, regulatory and process change in coordination with Retail, Broker and Correspondent leaders. As the Controls Specialist, you will consult with senior management in evaluating current methods and developing strategies to implement change, improvements and remediation efforts. Drives end to end change and keeps all participating parties on task while providing materials for business updates.
The Business Controls Specialist will:

• Perform as a Subject Matter Expert within the Credit Analyst team and is viewed as a resource for the Division
• Act as a liaison between the Division and our corresponding partners providing feedback related to credit defects
• Effectively and accurately communicate defects both written and verbally to the Division
• Provide critical thinking related to root causing credit defects and offering remediation strategies
• Participate and present in weekly Credit Quality meetings with the Division's leadership team as needed
• Prepare presentations related to defect rates, root causing, and remediation strategies
• Analyze current Divisional processes and provide recommendations on policies & procedures related to all Fulfillment functions; completes research on investor requirements to support recommendations
• Partner with the Division to avoid material risk that could result in a repurchase requests from an investor
• Maintain strong understanding of investor requirements and programs
• Demonstrate behaviors which are aligned with the organization's desired culture and values
• Perform other related duties as required and assigned

What You'll Bring

• Bachelor's degree or equivalent work experience
• 5+ years of relevant work experience
• Prior change management, process improvement, project management, program management or audit experienced preferred
• Financial services industry experience required; mortgage industry experience in the originations area preferred
• Strong knowledge of investor guidelines, FNMA, FHMLC, FHA, VA preferred
• Intermediate Microsoft office skills-particularly Excel, Word and Visio

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
$53,000 - $79,000Work Model
HYBRID