Assistant VP State Mortgage Compliance - Pennymac

PENNYMAC:

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.

Job Overview:

The Assistant Vice President, State Mortgage Compliance will assist in the oversight and daily management of the state mortgage compliance program, including review of policy and procedures, change management, quality control, remediation, and program risk assessments.

A Typical Day:

The Assistant Vice Preseident, State Mortgage Compliance will:

 

• Gather, investigate, and monitor all state laws, regulations, and directives applicable to mortgage origination and servicing activities
• Maintain a corporate repository of state mortgage compliance requirements and ensure proper change management occurs when state laws or requirements change
• Administer quality control testing for state mortgage compliance requirements
• Perform risk assessments and targeted reviews to document gaps, communicate results to the lines of business, and track remediation plans
• Participate in review meetings and working groups, as directed
• Perform other related duties as required and assigned
• Demonstrate behaviors that align with the organization’s desired culture and values

What You’ll Bring:

• Relevant Financial Services or mortgage industry experience
• Broad knowledge of Federal, State, GSE (FNMA, FHLMC, HUD) and Treasury requirements for mortgage origination and servicing activities
• Highly proficient in Excel and Word
• Excellent critical thinking, problem solving, and mathematical skills, using sound judgment

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

 

To learn more about our benefits visit: https://pennymacnews.page.link/benefits

 

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:$90,000 - $150,000Work Model:OFFICE