FVP, MO Assist Gen Cnsl

PennyMac Corp.; Carrollton (TX); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Health benefits

Paid time off

Wellness programs

401k match

Philanthropy programs

Competitive compensation

Job summary

PENNYMAC seeks a First Vice President, Mortgage Operations Assistant General Counsel to support nationwide litigation across Pennymac entities. The role oversees outside counsel, reviews legal documents, and provides corporate reporting and internal litigation support.

The candidate will manage outside counsel performance, supervise litigation staff, and report risk and case status to senior leadership and investors.

Qualifications

• Must be a licensed attorney, preferably in CA or TX.
• Broad knowledge of mortgage origination or servicing, especially foreclosure and loss mitigation.
• Significant experience in business litigation, preferably mortgage servicing-related defense litigation.
• Experience managing attorneys and paralegals is preferred.
• General understanding of civil litigation procedures and local rules for state and federal courts.
• Class action and trial experience is preferred.
• Self-starter able to work independently and interact professionally with attorneys and management.
• Excellent writing and organizational skills and good judgment are essential.
• Proficiency with Windows, Word, Excel, PowerPoint and email; ability to create reports and processes.
• Experience with mortgage servicing systems preferred.
• Strong attention to detail and ability to deliver timely, accurate information in a fast-paced environment.
• Financial services and mortgage industry experience preferred.
• Strong business acumen and ability to interface with executive management.

Responsibilities

• Select and manage outside counsel; evaluate performance and direct litigation strategies.
• Supervise litigation specialists in defense workflows.
• Audit, negotiate, and approve outside firm invoices within budget.
• Prepare litigation risk and case status reporting for senior management and investors.
• Collaborate with internal management and cross-functional teams to resolve matters.
• Perform related duties as required and align with company values.

Skills

Licensed attorney

Litigation management

Budget oversight

Report writing

Cross-functional collaboration

Civil litigation procedures

Independent work

Excellent writing

Mortgage servicing knowledge

Strong business acumen

Client/vendor management

Analytical skills

Team leadership

Education

J.D. degree

Tools

Microsoft Word

Microsoft Excel

Microsoft PowerPoint

Email

Job description

PENNYMAC

Pennymac is (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 First Vice President, Mortgage Operations Assistant General Counsel is responsible for supporting nationwide federal and state court litigation across all Pennymac entities. This role oversees outside counsel strategies, legal document reviews, corporate reporting, and internal litigation support teams.

The FVP, MO Assist Gen Cnsl will:

• Select and manage outside counsel by evaluating performance, directing litigation and settlement strategies, and reviewing pleadings, motions, and appellate briefs


• Supervise and direct litigation specialists in executing defense litigation support workflows


• Audit, negotiate, and approve outside law firm invoices to maintain litigation budget parameters


• Prepare litigation risk and case status reporting for senior management, investors, insurers, lenders, regulators, and capital market transactions


• Collaborate with all levels of internal management and cross-functional teams to resolve active legal matters


• 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

• Must be a licensed attorney, preferably in CA or TX


• Broad knowledge of mortgage origination or servicing is preferred, particularly in foreclosure and loss mitigation


• Must have significant experience in business litigation, preferably mortgage servicing-related defense litigation


• Experience with managing attorneys and paralegals is preferred


• Must have a general understanding of civil litigation procedures and local rules for state and federal courts


• Class action and trial experience is preferred


• Self-starter with ability to work independently and interact professionally with attorneys, litigation specialists and all levels of management


• Excellent writing and organizational skills and good judgment are essential


• Proficiency with Microsoft Windows, Word, Excel, PowerPoint and email are required. Must also have the ability to create reports and processes for efficient information retrieval and clear presentation


• Experience with mortgage servicing systems is preferred


• Must be a team player with strong attention to detail and able to work independently


• Proven track record at delivering timely and accurate information in a fast-paced environment


• Excellent critical thinking, problem solving, mathematical skills and sound judgment


• Financial Services and, if possible, mortgage industry experience preferred


• Strong business acumen and ability to interface with executive management

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

• 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


• We value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities.

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

For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information

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

$110,000 - $170,000

Work Model

OFFICE