PennyMac
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 Qualified Assumptions Operations Specialist is assigned tasks and projects related to Assumption loan processing. As the Qualified Assumptions Operations Specialist , you will assist in the qualified assumption loan pipeline management, including, but not limited to, projects, tracking, closing and regular pipeline review steps ensuring a consistently outstanding client experience.
The Qualified Assumptions Operations Specialist will :
.
Address and resolve issues related to “trapped” loans delivered with incomplete documentation
Work with funding teams to ensure loan documents are prepared timely and closings are completed as scheduled when applicable
Assists in the coordination among different internal parties in the mortgage lending process
Prepare and manage strategic, operational and IT project plans in a timely, accurate and compliant manner
Conduct daily review of pended loans to identify inaccuracies in our review and escalate to internal teams for remediation and loan level actions
Contact clients with pipeline reporting or other actionable material on active loans including, but not limited to, expiring locks, revised stipulations, and recent approvals when applicable
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
Demonstrated knowledge and intellectual curiosity in a variety of industry concepts, practices & procedures
Detail oriented and work well in fast paced dynamic work environment
Strong oral and written communications skills
Excellent critical thinking, problem solving and decision judgment
Financial Services and mortgage industry experience preferred
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
$45,000 - $66,000
Work Model
OFFICE
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 Qualified Assumptions Operations Specialist is assigned tasks and projects related to Assumption loan processing. As the Qualified Assumptions Operations Specialist , you will assist in the qualified assumption loan pipeline management, including, but not limited to, projects, tracking, closing and regular pipeline review steps ensuring a consistently outstanding client experience.
The Qualified Assumptions Operations Specialist will :
.
Address and resolve issues related to “trapped” loans delivered with incomplete documentation
Work with funding teams to ensure loan documents are prepared timely and closings are completed as scheduled when applicable
Assists in the coordination among different internal parties in the mortgage lending process
Prepare and manage strategic, operational and IT project plans in a timely, accurate and compliant manner
Conduct daily review of pended loans to identify inaccuracies in our review and escalate to internal teams for remediation and loan level actions
Contact clients with pipeline reporting or other actionable material on active loans including, but not limited to, expiring locks, revised stipulations, and recent approvals when applicable
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
Demonstrated knowledge and intellectual curiosity in a variety of industry concepts, practices & procedures
Detail oriented and work well in fast paced dynamic work environment
Strong oral and written communications skills
Excellent critical thinking, problem solving and decision judgment
Financial Services and mortgage industry experience preferred
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
$45,000 - $66,000
Work Model
OFFICE