VP, Agency Product Manager at PennyMac Loan Services, LLC

| Dallas-Fort Worth, TX
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Overview
This is an exciting opportunity to join PennyMac - a top national mortgage lender who is committed to providing its customers with a range of innovative mortgage solutions. PennyMac's Product and Pricing Strategy Group ("PPSG") is looking for an Agency Product Manager who can provide deep expertise by specializing in GSE and Government product programs and help guide the success of the product portfolio. The Product Manager is expected to lead new product evaluation activities, provide support and guidance with product implementations, monitor product success and performance, and analyze industry-wide developments for impacts to PennyMac's products and customers.
The ideal candidate will be highly strategic with an ability to support the cross-functional product development organization and ensure effective administration, timely release of new product introductions, as well as, changes to existing products and programs. You will work closely with key stakeholders across the organization to ensure the product supports the organization's overall strategy and goals.
The Product Manager position is a challenging and exciting role that offers the right candidate an opportunity to drive this growing area of PennyMac's business, work with senior management, and shape the future of PennyMac's product portfolio.
Job Description
  • New product surveillance and competitive intelligence
  • Lead product evaluation efforts
  • Provide oversight and guidance on product implementation activities
  • Analyze industry-wide program developments for impacts to PennyMac's products and customers
  • Monitor results of the product portfolio and reviewing product trends (credit attributes, performance, usage statistics)
  • Serve as the centralized product expert for program guidelines, parameters and borrower profile
  • Work with key stakeholders, participate in and develop overall product strategy
  • Coordinate with other teams across PennyMac to accomplish common objectives
  • Identify product needs and define a product roadmap that delivers key strategic results
  • 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 with 5-7 years mortgage industry experience preferred, or equivalent industry experience required
  • Extensive knowledge of GSE and Government mortgage products/programs
  • Extensive knowledge of Mortgage Insurance products/programs
  • Strong understanding of the origination process, loan origination systems, and mortgage lifecycle
  • Strong analytical skills
  • Resourcefulness in identifying trends and changes in the mortgage market
  • Collaborative work style with a strong focus on execution and results
  • Superior customer relationship/management skills
  • Self-driven, with strong innovation and change orientation
  • Aptitude for determining product dependencies and prioritizing tasks
  • Advanced knowledge with MS Office and/or Google applications
  • Advanced verbal and written communication and presentation skills
  • Strong attention to detail
Years of Experience:
10Education:
Bachelor's Degree
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Technology we use

  • Engineering
    • .NETLanguages
    • AWS (Amazon Web Services)Languages
    • JavaLanguages
    • PerlLanguages
    • PythonLanguages
    • RubyLanguages
    • SqlLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • ReduxLibraries
    • AngularJSFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SpringFrameworks
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • PostgreSQLDatabases

An Insider's view of PennyMac Loan Services, LLC

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.

Juan

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.

Mandy

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.

John

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.

Nick

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.

Pavan

Senior Developer, Database

What are PennyMac Loan Services, LLC Perks + Benefits

PennyMac Loan Services, LLC 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.

Culture
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
Diversity
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)
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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