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PennyMac Pricing Production Analyst in Pasadena, California

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.

Job Overview

This position will primarily support CDL’s pricing and product team. The analyst will manage day-to-day transactional issues, demonstrating knowledge of systems, departments, policies and procedures. The analyst will liaise with Account Executives, Fulfillment, Secondary Marketing, and Senior Management in order to process the following transactions: Manual Locks, Pricing Exception request, Len der Credit requests, Pipeline Price Monitoring, Extension Requests, Price Confirmations and other pricing responsibilities. The Pricing Analyst will work in Encompass, Optimal Blue, Flowscape, and Excel in order to fulfill the full range of responsibilities.

A Typical Day

The Pricing and Product Analyst will manage day-to-day transactional issues, demonstrating knowledge of systems, departments, policies and procedures. As the Pricing Analyst , you will liaise with Account Executives, Fulfillment, Secondary Marketing, and Senior Management in order to process the following transactions: Manual Locks, Pricing Exception request, Lender Credit requests, Pipeline Price Monitoring, Extension Requests, Price Confirmations, Pricing UAT and other pricing responsibilities.

The Pricing and Product Analyst will:

  • Conduct research and audits as needed

  • Support enhancements and development of both new and existing products

  • Assist in the management of the day-to-day transaction activities of the customers and CDL

  • Work on issues of diverse scope where analysis of situation or data requires evaluation of a variety of factors, including an understanding of CDL products, pricing policies and procedures

  • Support system testing efforts by executing user acceptance test scripts

  • Identify needs, write and distribute reports as needed

  • 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

  • 3+ years of relevant work experience

  • Excellent interpersonal, written, and verbal communication skills

  • Proficient at using Microsoft Office Suite (i.e., Excel, 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

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

$50,000 - $75,000

Work Model

OFFICE

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Requisition ID 24-31425

Location US-CA-Pasadena

Position Type Regular

Category Accounting & Finance

Education Bachelor's Degree

Years of Experience 3

salary $50,000 - $75,000

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