Senior Business Control Specialist

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.

A Typical Day :

The Senior Business Control Specialist assists in the development of a mortgage centric compliance program that considers current regulatory requirements and industry standards;

further supports Retail, Broker and Correspondent Lending by aiding in the development of policies and procedures for all Production functions.

Evaluates and assists in creating an effective control environment.

The Senior Business Control Specialist will :

Utilizing investor guidelines, research repurchase claims and defects from investors / insurers to determine if the claim is valid and accurate

Write rebuttal letters to investors / insurers to refute cured and invalid claims

Analyze current Production processes and provide recommendations on policies & procedures related to all production functions

Complete research on investor requirements to support recommendations

Perform frequent review of competitor guidelines to ensure consistency with the market; identify differences and assess risk associated with alignment

Act as a liaison between the line of business and corporate partners in matters related to the Production process

Provide counsel on downstream effects of origination decisions; provides cost benefit analysis and recommendations

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 :

Experience in management reporting, developing policies & procedures, dealing with complexity, problem solving, legal compliance, knowledge of Reg Z, Reg X & Dodd Frank

Must be highly proficient in Excel and Word

Financial Services and, if possible, 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 :

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

$55,000 - $85,000

Work Model : OFFICE

OFFICE