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Pricing Strategy Senior Analyst
- PennyMac (Westlake Village, CA)
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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.
A Typical Day
The Senior Pricing Strategy Analyst will perform quantitative research and analytics to support the Corresponding Lending Group’s (CLG) business strategies and initiatives. As the Pricing Analyst , you will perform margin management analytics and develop strategies.
The Senior Pricing Strategy Analyst will :
+ Build CLG’s NEC reporting and trending system
+ Perform demand elasticity analysis and building profit optimization model
+ Analyze:
+ Competitive position and automation of competitive intelligence reporting
+ Correspondent closing ratios and fall-out sensitivity
+ Correspondent prepayment, EPO, and EPD metrics
+ Correspondent pipeline behavior including extension/roll/relock activity, time to deliver, number of days from file delivery to purchase, and other operational cost metrics
+ Implement:
+ Client tiering and price differentiation
+ Trending and surveillance reporting
+ 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 or equivalent work experience
+ 5-8 years of experience with SQL and Excel
+ 5-8 years of experience in residential mortgage finance, preferably with such experience in Secondary Marketing or Correspondent Lending
+ Must be highly proficient in Excel and Word
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
$68,000 - $115,000
Work Model
OFFICE
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