Post-Closing Partial Release Supervisor - 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.

A Typical Day:

The Lien Release and MERS Supervisor is responsible for the management of all MERS (Mortgage Electronic Registration System) related functions and management of the timely and accurate preparation of the release of lien/satisfaction of mortgages. As the Supervisor, you will perform management of staff duties including, but not limited to analytical forecasting, workload management, trending and reporting, overseeing process-improvement related projects, creating and implementing procedural changes that are brought forth by regulatory changes, documenting processes and updating the monthly QA presentation.

 

The Lien Release and MERS Supervisor will:

 

• Develop and ensure execution of standard operating procedures as required for MERS system and management of all communications from MERS detailing requirements
• Ensure management of monthly reconciliation
• Project manager for MERS Corporate Resolution Management System. Responsibilities include, but are not limited to, auditing user access, development of new org ids and corporate resolutions
• Manage daily lien release process to ensure all images are being forward timely and addressing any out of compliance issues
• Review vendor monthly scorecard and develop remediation for any issues
• Identify and mitigate areas of financial exposure or risk to Pennymac
• 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:

• Associate’s degree or equivalent work experience
• 5+ years of relevant work experience
• Strong customer service skills
• 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

 

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:$55,000 - $85,000Work Model:OFFICE