Pennymac has the mindset and agility of a startup, with the power and backing of a large public company.
Greater LA Area

Sr. Financial Analyst at Pennymac

| Greater LA Area
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The purpose of the PennyMac Loan Servicing Finance group is to proactively uncover, measure and report on cost saving opportunities to increase the profitability of the Servicing operations by tracking the key drivers of those costs and holding leadership accountable for the controllable aspects of profitability. Responsibilities include, but are not limited to: Model Development, Data Analytics, Data Management, Process Improvement, Operational Capacity and Forecasting, Annual Budgeting, Portfolio Forecasting, and other key corporate initiatives.
In this role, the Sr Analyst will develop models that measure and predict the operational activities of the Servicing division utilizing a data centric and technology driven approach. They will also aid the division by leveraging those operational activities to develop complex and highly detailed analytical tools and models for forecasting purposes in order to provide timely and accurate forecasts and reporting that will impact business profitability. The Senior Analyst is expected to work well in a team environment as well as independently with minimal supervision.
Job Description
  • Evaluate, recommend and implement strategies for developing and utilizing data and metrics to predict, improve and measure the Servicing operation, leveraging data and BI tools/practices to build automated models and dynamic forecasts
  • Own and manage the core Forecasting and Analytics models
  • Produce monthly forecasts of key drivers and metrics within the mortgage servicing division to drive down costs
  • Provide dedicated analytical & reporting support for operations leaders, focusing on initiatives that will enable improvements in planning, efficiency, controls, and the client experience
  • Develop operational capacity and forecast modeling for portfolio, delinquency, activity drivers, staffing, etc.
  • Drive the annual budgeting process by interacting with and collecting inputs and assumptions from Senior Management
  • Oversee and manage data - responsible for the storage and transformation of enterprise information, providing tactical and strategic insight that will assist leaders' decision-making relative to operational and regulatory risks that impact business outcomes
  • Assist with the Data Governance framework, providing direction to identify, design, implement, and support data improvement initiatives and solutions
  • Establish processes to continuously monitor data quality, ensuring processes are in place to proactively detect, correct, and prevent invalid data values
  • Ensure management and delivery of key corporate initiatives and financial impacting processes
  • Performs 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:
  • Advanced data modeling skills using spreadsheets and other business intelligence tools
  • Strong understanding of the key financial and business drivers within mortgage banking (and ideally mortgage servicing)
  • Strong project management skills with the ability to manage and prioritize multiple initiatives in a dynamic environment
  • Proven ability and experience to query / analyze large data sets and assess outcomes
  • Self-directed and skilled at operating autonomously to achieve results in a fast-paced business environment
  • Strong leadership, verbal, and written communications skills
  • Must be highly proficient in Excel, Word and PPT
  • Must be a team player with strong attention to detail and able to work independently
  • Proven track record at delivering timely and accurate information in a fast-paced environment
  • Excellent critical thinking, problem solving, mathematical skills and sound judgment
  • Financial Services and, if possible, mortgage industry experience preferred
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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • .NETLanguages
    • PerlLanguages
    • PythonLanguages
    • RubyLanguages
    • AWS Cloud ServicesLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • ReduxLibraries
    • AngularJSFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SpringFrameworks
    • MongoDBDatabases
    • MySQLDatabases
    • PostgreSQLDatabases
    • TableauAnalytics
    • ConfluenceManagement
    • Google DriveManagement
    • Google DocsManagement
    • Google SlidesManagement
    • JIRAManagement
    • GitLabManagement
    • SalesforceCRM

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

An Insider's view of Pennymac

What are some social events your company does?

Our Tech team has great events, including casino & trivia nights, virtual happy hours, gaming - we’ve even sponsored a video game tournament against our industry competitors! We’re nationally disbursed, but regardless of where people live, we’re all part of one interactive, linked community, and it’s easy to find others who share your interests.


Senior Developer, Production

How do you collaborate with other teams in the company?

The culture at Pennymac has cultivated a great sense of teamwork in which we all succeed, fail, and learn together. We collaborate in many ways - from video calls to morning coffee hours, ad hoc huddles, email, chat, and sometimes while playing ping pong or pool in the cafeteria. Everyone is encouraged to work together to accomplish a common goal.


Vice President, IT Program Management

How has your career grown since starting at the company?

My time at Pennymac has rocketed my career as a software dev. In two years I went from having no professional coding background to managing three applications in production, managing two direct staff and contributing to open-source libraries. My time has given me the experience and skills to successfully create new tech products that make money.


Assistant Vice President, Application Development

How do your team's ideas influence the company's direction?

As a company, we're one very cohesive, supportive team with various areas of expertise. It's like a potluck - everyone brings something different, but it all comes together perfectly. Company management believes in us, trusts us, and invests in us. That provides the opportunity to build positive outcomes for our business and our customers.


Managing Director, Technology Infrastructure

What are some things you learned at the company?

Our team constantly works to better itself by delivering software on time without shortcuts or compromising quality. At Pennymac, I have the opportunity to own many critical day-to-day database operations. I've had the flexibility to be innovative, which has allowed me to grow as a developer.


Senior Developer, Database

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