Credit Risk Assessment Specialist

2 weeks ago


Westlake Village, California, United States PennyMac Full time

PENNYMAC

Pennymac (NYSE: PFSI) is a specialized financial services organization with a robust mortgage platform and an integrated business model dedicated to the origination and servicing of mortgage loans, as well as the management of investments related to the mortgage sector.

At Pennymac, our workforce is the cornerstone of our achievements and is central to our vibrant work culture. Collectively, we strive towards a common objective of assisting millions of Americans in realizing their dreams of homeownership throughout the entire mortgage process.

Daily Responsibilities

The Counterparty Risk Analyst plays a crucial role in conducting credit evaluations for new Correspondent and Warehouse Lending clients, along with the ongoing assessment of approved clients.

The Counterparty Risk Analyst will:

  • Execute credit assessments of potential and existing mortgage companies and financial institutions
  • Analyze due diligence that encompasses delinquency reporting, policies and procedures, and legal frameworks
  • Prepare detailed credit reports for counterparty approval recommendations
  • Monitor client performance on a monthly basis
  • Reassess clients to ensure compliance with the criteria for maintaining approval status
  • Undertake additional related tasks as required and assigned
  • Exhibit behaviors that align with the organization's desired culture and values

Qualifications

  • Proficiency in analyzing financial statements and effectively drafting written analyses
  • Familiarity with mortgage company operational structures is preferred
  • High proficiency in Excel and Word is essential
  • Experience in Financial Services, particularly in the mortgage industry, is advantageous

Why Consider Joining Us?

As one of the leading mortgage lenders nationwide, Pennymac has empowered over 4 million homeowners to achieve and maintain their homeownership goals. Our vision is to be the most trusted partner in the homeownership journey. Together, our team of 4,000 Pennymac professionals across the nation is guided by our core values: to be Accountable, Reliable, and Ethical in all our endeavors.

Pennymac is dedicated to conducting business that contributes positively and promotes sustainable growth while fostering an equitable and inclusive environment where all employees and customers feel valued, respected, and supported.

Comprehensive Benefits: Whether you seek flexible benefits for today, short-term goals for tomorrow, or long-term success and retirement planning, Pennymac's benefits package has you covered. Key benefits include:

  • Comprehensive Medical, Dental, and Vision coverage
  • Paid Time Off Programs, including vacation, holidays, illness, and parental leave
  • Wellness Programs, Employee Recognition Programs, and onsite fitness facilities and dining options (select locations)
  • Retirement benefits, life insurance, 401k matching, and tuition reimbursement
  • Philanthropic Programs, including matching gifts, volunteer grants, charitable contributions, and corporate sponsorships

To explore more about our benefits, please visit our website.

Compensation Overview: Individual salaries may vary based on various factors, including specific roles, geographic location/market data, and skills and experience as outlined below:

  • Lower range - Developing skills and experience in the role
  • Mid-range - Experience and skills that align with proficiency in the role
  • Higher range - Experience and skills that add value beyond typical role requirements

Some positions may qualify for performance-based compensation and/or stock-based incentives awarded based on company and individual performance.

Salary Range

$50,000 - $75,000

Work Environment

OFFICE

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