Senior VP Business Controls

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 home ownership through the complete mortgage journey.

The Senior Vice President Business Controls is responsible for ensuring the system of controls within the division are functioning to account for, prevent, mitigate, remediate compliance and credit risk facing the Production lines of business in a manner consistent with the company’s values and the company’s profitability expectations.

The Senior VP Business Controls will:

• Ensure new and existing processes set up within the division to meet the requirements of corporate expectations from a compliance and credit risk standpoint are functioning as intended
• Verify those processes, including all appropriate policies and procedures that are established to carry out those functions are updated based on changes in the requirements, change in products or processes, or based on necessary remediations of identified deficiencies
• Serve as the key point of contact to the executive management of the Production division to address issues that arise or to research questions about the current program, any identified gaps, any proposed new projects, or anything else that may arise that may impact on compliance or credit controls
• Act as the liaison between the division and corporate compliance/credit/risk management to determine which agency and/or regulatory change events or which examination findings are impactful to the division and determines appropriate actions
• Deliver reporting to the credit and compliance committee and various other subcommittees and groups, as required
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

• Management reporting experience
• Requirements gathering and analysis
• Technical writing
• Dealing with complexity and problem solving
• Must be highly proficient in Excel and Word

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 sponsor ships

To learn more about our benefits visit: (Use the "Apply for this Job" box below)./benefits

For residents with state required benefit information, additional information can be found at:

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

$120,000 - $200,000

Work Model

OFFICE