Property Preservation Associate II

Property Preservation Associate

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.

The Property Preservation Associate is required to perform timely and accurate analysis on property condition, maintenance and repair bids in order to convey property timely and minimize the cost risk associated to place the property in conveyance condition. The Property Preservation Associate will:

• Be responsible for a portfolio of FHA, VA, USDA and Conventional loans to oversee the property preservation
• Review repair bids, line item insurance claims, photo review of damage areas within the home and make final determination on cost, repairs and if work is necessary
• Negotiate cost of repairs with vendors to reduce company expense
• Resolve City Code Violations, Receiverships, Condemnation Orders, Demolition Orders in alignment with Property preservation guidelines
• Analyze numerous reports and requires to ensure compliance with established guidelines in Property Preservation
• 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:

• High School Diploma / GED
• Proficient in Microsoft Office and G-Suite Workplace
• Some knowledge of homes repairs such as roof, windows, heat and air, drywall, basements, garages, framing, plumbing
• Mortgage Servicing industry, Construction or Insurance adjuster experience helpful

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

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 $39,000 - $55,000 Work Model OFFICE