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Bankruptcy Supervisor

$50k - $75k

PennyMac Financial Services

Bankruptcy Supervisor

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 Bankruptcy Supervisor will be responsible for managing the day-to-day operations in the Bankruptcy Department. As the Supervisor, you will manage key metrics related to loan servicing, bankruptcy activities, department performance, implementation of department strategies/procedures, and respond to inquiries related to customers/vendors/investors.

The Bankruptcy Supervisor will:

  • Manage a Bankruptcy team of up to 10 employees, as well as managing a nationwide network of Attorney and Bankruptcy vendors
  • Monitor portfolio impediments such as document retrieval, escrow analysis, payment histories, payment postings etc.
  • Provide daily workloads to direct reports and provide the necessary support needed which includes training and feedback
  • Support business leaders to identify/support processes at the operational level
  • Implement and execute key departmental objectives and strategies
  • Process Innovation and Optimization: Identify opportunities for process improvements, develop and implement departmental policies and procedures, and drive initiatives to enhance efficiency, accuracy, and compliance
  • Strategic Projects and Initiatives: Lead and participate in strategic projects and initiatives related to bankruptcy processes, compliance, system enhancements, and organizational objectives
  • 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:

  • Bachelor's degree or equivalent work experience
  • 3+ years of relevant work experience
  • Understanding of insurer/investor guidelines
  • Must be highly proficient in Excel and Word
  • Financial Services and, if possible, mortgage industry experience preferred

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 $50,000 - $75,000 Work Model OFFICE

PennyMac Financial Services
Vacancy posted 1 day ago
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