Senior VP Senior Counsel

2 weeks ago

Westlake Village, California, United States PennyMac Full time
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 Vice President, Senior Counsel wll provide legal support to Corporate Treasury and Secondary Marketing on a variety of financings, securitizations, repurchase agreements and correspondent lending activity.

The Senior Vice President, Senior Counsel will:
  • Draft and negotiate transaction documents for financing arrangements secured by a wide arrange of mortgage-related assets, including mortgage loans, servicing advances, securities, participation interests and servicing rights
  • Be responsible for Corporate Treasury cash management agreements, custodial agreements, confidentiality agreements, guarantees, powers of attorney, and related ancillary agreements
  • Provide legal support to Corporate Treasury group
  • Provide legal support for mortgage loan correspondent lending activity
  • 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
  • Post-graduate degree
  • 7+ years of relevant work experience
  • Significant experience in mortgage loan-related financing transactions, including warehouse lending, repurchase transactions, participation structures, syndicated facilities and securitization
  • Knowledge of real estate investment trusts and mortgage loan origination, underwriting and servicing, including the Fannie Mae, Freddie Mac and Ginnie Mae Guides is preferred
  • Experience with gestation and early buyout facilities a plus
  • Specific experience with transactions involving digital assets such as eNotes a plus
  • Licensed to practice law in CA or TX
  • Must be highly proficient in Word
  • Must be a team player, with the ability to work independently, and possess a strong attention to detail, excellent critical thinking skills, sound judgment and the capacity to handle multiple projects effectively
  • Strong business acumen and ability to interface with senior and executive management
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

$174,000 - $305,000
Work Model

OFFICE

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