• Pricing & Strategy Analyst

    PennyMac (Westlake Village, CA)


    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 Pricing & Strategy Analyst is responsible for setup and validation of pricing configuration, documenting new or enhanced business requirements, development and testing of new mortgage products, and building analytical tools to validate the accuracy of mortgage pricing. As the Pricing & Strategy Analyst , you will coordinate analysis with multiple departments (e.g. Technology, Sales, Capital Markets), cross-channel analytics, and key corporate initiatives.

    The Analyst, Pricing & Strategy , will:

    + Assist in managing/maintaining the rules engine platform to support pricing strategies for all production channels

    + Implement mortgage pricing changes including loan-level price adjustments, mortgage insurance adjustments, mortgage insurance best execution, and fees

    + Assist with deployment of new mortgage products, including comprehension and documentation of guideline and pricing requirements, as well as testing and building tools to validate the accuracy of all calculations and configurations

    + Assist in UAT and production validation of technology updates memorialized in Jira tickets/requests generated by production pricing to support product development

    + 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

     

    + Bachelor’s degree with a major in Actuarial Science, Statistics, Decision Science, Mathematics or Quantitative Analysis

    + 1-3 years of experience with SQL and Excel. Must be able to data mine using SQL or Snowflake

    + 1-3 years of experience in the residential mortgage finance, preferably with such experience in Secondary Marketing or Correspondent Lending

    + Working knowledge of API integration, Java, Python, and R

     

    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

     

    For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information

    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

     

    $65,000 - $100,000

     

    Work Model

    OFFICE