Collateral Management Specialist I

Overview Pennymac (NYSE: PFSI) is a specialty financial services firm with a mortgage platform focused on the production and servicing of U.S. mortgage loans and related investments. At Pennymac, our people are the foundation of our success and contribute to a culture aimed at helping millions of Americans achieve homeownership through the complete mortgage journey. A Typical Day The Collateral Management Specialist is responsible for the review of collateral files (i.e., note, mortgage, related riders and addendums, assignments, title insurance policy, etc.) for loans purchased by Pennymac, to ensure the enforceability of the loans and accuracy of the Note data. The Collateral Management Specialist will: Manage the collateral review process of newly boarded purchased loans Assist in the clearing or curing of collateral issues and release of collateral Coordinate the delivery of collateral documents to investors and custodians Place collateral document orders with vendors Create collateral documents (i.e., Allonges, Endorsements, etc.) Perform other related duties as required and assigned Demonstrate behaviors aligned with the organization’s values What You’ll Bring 1+ years of mortgage or finance industry experience, preferably in loan servicing and in a high-paced, customer service oriented operation Familiarity with collateral document files (i.e., note, mortgage, related riders and addendums, assignments, title insurance policy, etc.) Demonstrated ability to make decisions within set policies/procedures Ability to be trained and train on various Collateral Management related tasks Working knowledge of Microsoft Office (Excel, Word, PowerPoint, Visio) 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 homeownership aspirations. The company aims to be the most trusted partner for home. A 4,000-member team nationwide operates guided by core values: Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting business that promotes long-term sustainable growth and fosters an equitable and inclusive environment where all employees and customers feel valued, respected and supported. Benefits That Bring It Home Benefits are designed to support today’s needs and long-term goals. 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: For residents with state required benefit information, additional information can be found at: 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 $40,000 - $60,000 Work Model OFFICE #J-18808-Ljbffr