Job Abstract

Requisition ID

24-30311

Location

US-CA-Moorpark

Position Type

Regular

Category

Administration, Facilities, & Vendor Management

salary

$65,000 - $100,000

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.

As the Project Manager, the incumbent will spearhead mortgage loan servicing transfers comprehensively. They will ensure a seamless and compliant transfer for internal and external stakeholders. A solid understanding of mortgage servicing, project oversight and regulatory compliance is essential for success in this role.

The Project Manager will prepare, coordinate, and manage servicing transfer project activities with management, internal business partners and external clients. As the Project Manager, you will manage and maintain the project rigor and assist in the facilitation of initiatives via planning, reporting, change management and expediting delivery of line of business projects.

The Project Manager responsbilities will include:

• Develop and maintain comprehensive project plans, timelines, and resource allocation strategies for each servicing transfer.
• Coordinate and communicate effectively with all stakeholders involved in the transfer process, including internal departments, investors, borrowers, and third-party vendors.
• Ensure all servicing transfer activities adhere to regulatory requirements, investor guidelines, and company policies.
• Identify potential risks and develop mitigation strategies to minimize disruptions during the transfer process.
• Proactively address and resolve any issues or concerns that arise during the transfer process
• Prepare and deliver regular progress reports to management and stakeholders, highlighting key milestones, risks, and issue resolution.
• Monitor post-transfer activities to ensure a seamless transition and address any outstanding issues.
• Analyze transfer processes and identify opportunities for continuous improvement and efficiency gains.
• Participate in the analysis, design, training, testing, implementation and support of targeted solutions
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

• Experience in mortgage loan servicing, with a focus on servicing transfers or project management.
• Strong project management skills, including planning, scheduling, budgeting, and risk management. Excellent communication and interpersonal skills. Proficient in data analysis and reporting.
• Proficient in Google Sheets and Slides
• Familiar with Snowflake
• Financial Services and Mortgage industry experience preferred

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

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.