• Assistant VP Mortgage Financial

    PennyMac (Fort Worth, TX)


    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 Assistant Vice President Mortgage Finance will assist in the contractual and logistical management of bulk whole-loan purchases, CRE purchases, servicing rights acquisitions/sales, securitization and jumbo sale transactions. As the AVP Mortgage Finance , you will oversee all activities related to the administration of due diligence and valuation analysis in addition to various other Capital Markets related projects.

    The Assistant VP Mortgage Finance will :

    + Negotiate all forms of mortgage related transaction documents excluding structured products

    + Develop due diligence scopes (including, but not limited to: credit, compliance, lien and valuation reviews)

    + Create value via structure concepts during contract negotiations with counter-parties

    + Prepare portfolio risk analysis to Investment Committee, including summaries of credit, compliance and servicing-related issues

    + Execute any remediation required based on findings from in-process and post due diligence quality control audits

    + 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 in Business Finance or related field

    + Post-Graduate degree or equivalent preferred

    + 7+ years of relevant work experience

    + Understand advanced concepts of mortgage finance Demonstrate a presence that inspires confidence in others

    + Translate complex problems into components and actionable objectives Candidate must be detail-oriented due to the significant and immediate financial impact on valuation/pricing/trading

    + Intermediate knowledge of Microsoft Office (Excel, Word and PowerPoint)

     

    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

     

    $90,000 - $150,000

     

    Work Model

    OFFICE