Transaction Management Specialist

1 day ago


Westlake Village, California, United States Pennymac Full time
About Pennymac

Pennymac is a leading 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.

Job Summary

The Transaction Management Analyst - Correspondent Lending performs day-to-day, loan-level and commitment-level transactions, demonstrating knowledge of systems, process, departments, policies and procedures, to ensure commitments are settled accurately and timely with respect to all commitment parameters.

Key Responsibilities
  • Execute all mandatory loan-level transactions (e.g. registration, allocation, kick and substitution) and commitment-level transactions (e.g. update, extension, substitution, over-tolerance, pair-off, swap, trade acceptance)
  • Complete daily reporting routine to validate integrity of commitment pricing and parameters
  • Serve as front-line contact for questions related to the correspondent portal, with respect to all pricing mechanics and pricing related setup
  • Liaise with clients and business partners (including: credit, capital markets, sales, post purchase, accounting and fulfillment) to ensure accuracy of pricing
  • Identify system and process gaps to be reviewed by the pricing manager
  • Perform other related duties as required and assigned
Requirements
  • Bachelor's degree or equivalent work experience
  • 1+ years of relevant work experience
  • Intermediate user of Microsoft Excel
  • SQL knowledge preferred
Why Join Pennymac?

Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of homeownership. Our vision is to be the most trusted partner for home. We 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
  • 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


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