Collateral Management Specialist

Collateral Management Specialist I – PENNYMAC

PENNYMAC (NYSE: PFSI) is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans and managing related investments.

We are seeking a highly organized and detail‑oriented team member to review collateral files for loans purchased by PENNYMAC, ensuring enforce ability and accuracy of note data.

• Manage the collateral review process for newly boarded purchased loans
• Assist in clearing or curing collateral issues and release of collateral
• Coordinate delivery of collateral documents to investors and custodians
• Place collateral document orders with vendors
• Create collateral documents (e.g., Allonges, Endorsements)
• Perform related duties as required and assigned
• Demonstrate behaviors aligned with the organization’s culture and values

• 1+ years of mortgage or finance industry experience, preferably in loan servicing and a high‑paced, customer‑service‑oriented environment
• Familiarity with collateral documents (note, mortgage, riders, addendums, assignments, title insurance policy)
• Demonstrated ability to make decisions within set policies/procedures
• Ability to be trained and to train others on collateral management tasks
• Working knowledge of Microsoft Office (Excel, Word, PowerPoint, Visio)

• Comprehensive Medical, Dental, and Vision coverage
• Paid Time Off programs including vacation, holidays, illness, and parental leave
• Wellness and Employee Recognition Programs, onsite gyms, and cafe‑style dining (select locations)
• Retirement benefits, life insurance, 401(k) match, and tuition reimbursement
• Philanthropy programs including matching gifts, volunteer grants, charitable grants, and corporate sponsor ships

• Salary range: $40,000 – $60,000 annually (adjusted for role, location, and experience)
• Potential for performance‑based and stock‑based incentives

Work Model
: OFFICE

Seniority Level
:
Not Applicable

Employment Type
:
Full‑time

Job Function
:
Administrative