Job Information
PennyMac Default Reporting Analyst III in Moorpark, California
PENNYMAC
Pennymac is (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 Default Reporting Analyst is responsible for ensuring the accuracy of delinquent loan status reporting to the following investors: FHA, VA, USDA, GNMA, Fannie Mae, Freddie Mac. As the Analyst , you will function as a backup resource for other analysts on the team, when needed.
The Default Reporting Analyst will :
Refresh daily trial/exception reports and resolve loan-level issues to ensure accurate default reporting
Review error reports provided after each monthly transmission and correct/resolve errors within prescribed timeframes
Support service transfer process through creation of data dashboards, triage checklists, and Word Search analysis
Monitor key loan modification process milestones and requests for foreclosure holds, ensuring compliance with regulatory requirements (i.e., CFPB, HUD, etc.)
Reconcile fees and costs after the completion of loan modifications and perform other loan-level reconciliations when needed for trend analysis and process improvement initiatives
Provide data queries and analytical support to the Default Reporting team and team management
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
Mortgage industry experience required
Must be highly proficient in Excel, Word, and able to execute queries and modify as needed in SQL
Ability to manipulate and analyze large datasets, mainly in Excel
Excellent critical thinking, problem solving, mathematical skills and sound judgment
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
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
$55,000 - $85,000
Work Model
REMOTE