Job Information
PennyMac Analyst, Valuations & Interest Rate Sensitive Investments in Westlake Village, 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 VIRSI Analyst will have a focus on the modeling and valuation of mortgage related assets utilized in financial statement reporting, hedging financial risk and in pricing activities. As the Analyst , you will bring an understanding of financial concepts including discounted cash-flows analysis (DCF), fixed income principles, as well as basic accounting principles.
The VIRSI Analyst will:
Generate reporting regarding mortgage asset valuation, performance, and other key attributes
Work with various internal customers to share financial data and key risk metrics
Query relational databases to answer ad hoc inquiries
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, Accounting or a related field
Must show an understanding of financial concepts, an analytical mindset, and the ability to express and convey information proficiently using all forms of communication
Business application skills including: Excel, with VBA, SQL, or other coding languages a plus.
Advanced Excel spreadsheet skills
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
OFFICE
Need help finding the right job?
We can recommend jobs specifically for you!
California applicants, please click here to view our Privacy Policy andclick here (https://pennymac.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=282306&hashed=1906047654) to view our Privacy Notice.
Requisition ID 24-30808
Location US-CA-Westlake Village
Position Type Regular
salary $55,000 - $85,000