Financial Analyst - Technology

| Hybrid
Employer Provided Salary: $35,730-$75,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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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.
Job Overview
The IT Financial Analyst provides key centralized financial services to all Information Technology groups requiring financial guidance, reporting, or analyses. General functions would include financial forecasting, pricing and product analyses, profit and loss statement management, corporate budgeting, ad-hoc analyses and reporting, and guidance pertaining to shared expense analyses, expense allocations, and department structuring.
A Typical Day

  • Collects analyses, and prepares reports for Information Technology services utilization and cost. Data is used to ensure appropriate cost and charge practices to business divisions and to identify and understand trends in services utilization. Works with department management to develop corrective action strategies for problem areas.
  • Performs regular audits of services utilization and financial data to ensure accurate and appropriate use practices. Makes recommendations and/or brings issues to management.
  • Oversees billing issue reconciliation, participates in process changes as needed, and Works in conjunction with FAV to make recommendation for continued process improvement
  • Maintain analytics models that requires knowledge of financial concepts include, ROE analysis, revenue & expense guidance, financial statement forecasting, complex accounting and tax concepts
  • Develop the information technology budget in conjunction with the various Information Technology groups; aggregate and incorporate into an annual corporate forecast
  • Audits Profit & Loss statement to identify cost trends and miss categorizations
  • Timely response to ad-hoc reporting requests
  • 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

  • Moderate skill in business intelligence tools such as Tableau or Qlik
  • Moderate skills in ETL tools such as Alteryx
  • Light to moderate skills with Pyhton and R
  • Must be highly proficient in Excel and Word
  • Knowledge of SQL and VBA a plus
  • Accounting background or knowledge of general accounting processes, procedures, and financial statements helpful
  • Organized thought process and able to conduct one-self in a professional manner
  • Mortgage Industry background preferred
  • Must be a team player with strong attention to detail and able to work independently
  • Excellent critical thinking, problem solving, mathematical skills and sound judgment
  • Financial Services and, if possible, mortgage industry experience preferred
  • Strong business acumen and ability to interface with executive management


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
$35,730 - $75,000
Work Model
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