Portfolio Risk Management Analyst

Pennymac; Westlake Village (CA); On-site; USD 65,000 - 100,000; Full time

Job summary

Pennymac, a leading mortgage lender, is seeking a Portfolio Risk Management Analyst to generate reports, oversee trading activities, and provide analysis on Capital Markets P&L. Ideal candidates will have a relevant degree and experience in finance or mortgage services, alongside strong skills in Excel and SQL. This role plays a critical part in supporting the firm's daily operations and risk management efforts.

Benefits

Comprehensive Medical, Dental, and Vision

Paid Time Off Programs including vacation, holidays, illness, and parental leave

Wellness Programs and onsite gyms

Retirement benefits, life insurance, and 401k match

Tuition reimbursement

Philanthropy Programs including matching gifts and volunteer grants

Qualifications

• 1+ years of relevant work experience.
• Knowledge in financial services and mortgage industry preferred.

Responsibilities

• Generate the Secondary Marketing daily P&L Report.
• Perform reconciliations with various groups.
• Analyze and reconcile daily P&L data.

Skills

Microsoft Excel

SQL

VBA

Mortgage Banking Model

Education

Bachelor’s degree or equivalent work experience

Job description

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 Portfolio Risk Management Analyst is responsible for generating the Secondary Marketing daily P&L Report, reconciliations, and ad-hoc reporting. Interaction with the trading desks within Capital Markets, include Accounting and Lending Divisions of Pennymac. As the Analyst, your responsibilities will include all hedging activities of the firm, oversight of all trading activities, and quantifies/analyzes the Capital Markets P&L.

The Portfolio Risk Management Analyst will:

• Verify trade settlement proceeds and GSE Fees
• Continual process improvement and validation of data feeds
• Generate daily position reports (including P&L's and Risk Exposure reports)
• Analyze and Reconcile P&L's data on a daily basis
• Perform numerous reconciliations with various groups and data sources (including Accounting, Capital Market Operations, Correspondent Lending, Consumer Direct Lending and GSE)
• 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

• Bachelor’s degree or equivalent work experience
• 1+ years of relevant work experience
• Strong knowledge of Microsoft Excel, intermediate Level in SQL Knowledge of VBA and QRM's Mortgage Banking Model a definite plus, but not required.
• 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

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

$65,000 - $100,000
Work Model

OFFICE