Collateral Management eNote Specialist III
$55k - $85kPennyMac Financial Services
Pennymac Collateral Management Early Buyout/eNote Specialist
Pennymac 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 Collateral Management Early Buyout/eNote Specialist is responsible for processing and providing guidance throughout the Early Buyout (EBO) process, summarizing all aspects of EBO functions that fall within the scope of the EBO Operations team, including Modification Buy Out of Ginnie Mae investor, Defect Management approval of cleared loans for submission to pool and due diligence for all loan channels including Third Party Investor Repurchases. Additional responsibilities include reconciliation of the MERS eRegistry system and daily eNote activity reconciliation. The EBO/eNote Specialist will:
- Create various reports that require knowledge of MS Excel and MS SQL database
- Complete and resolve complex/escalated collateral reviews
- Partner with multiple teams such as Modification, Investor Accounting, Capital Market, Custodian and Agency Trading Desk
- Perform deep-dive reviews and take action on balance sheet loans
- Be responsible for tasks ranging from New Data to Custodian, Reconciliation Reporting, Data Review and Data Corrections
- Reconciling the MERS and eRegistry data (ability to reconcile large volumes of data)
- Perform other related duties as required and assigned
- Demonstrate behaviors which align with the organization's desired culture and values
What You'll Bring:
- 3+ years of experience in mortgage loan servicing and in a high paced, customer service oriented operation
- Familiarity with the collateral documents files (i.e. note, mortgage, related riders and addendums, assignments, title insurance policy, etc.) preferred
- 2+ years of experience in MS SQL
- Knowledge of Microsoft Excel including pivot reporting and vlookup formula
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 $55,000 - $85,000 Work Model OFFICE
$55k - $85k
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