SVP, Corp Assoc Gen Cnsl
PennyMac Loan Services, LLC
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Benefits offered by this job
Job summary
Qualifications
- Must have 5+ years of relevant work experience.
- Experience in secondary market transactions and regulatory compliance is essential.
- Licensed to practice law in California or Texas.
Responsibilities
- Provide legal support on mortgage-related transactions.
- Review and negotiate various mortgage agreements.
- Assist with compliance matters involving investment advisers.
Skills
Education
Tools
Job description
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.
The Senior Vice President Senior Counsel will provide legal support to Capital Markets, Servicing, and Secondary Marketing on a variety of purchase and sale transactions, servicing and subservicing agreements, confidentiality agreements, derivatives, and investment adviser‑related matters.
The SVP, Corp Assoc General Counsel will:
- Review, negotiate, and draft mortgage loan purchase and sale agreements, third‑party mortgage loan securitization agreements, mortgage loan repurchase agreements, mortgage loan servicing and subservicing agreements, and confidentiality agreements
- Structure, draft, and negotiate ISDAs, MSFTAs, and securities repurchase agreements
- Review and update derivatives trading policies, including those related to commodity pool operator and commodity trading advisor compliance
- Draft originator and servicer disclosures in connection with third‑party securitizations
- Assist with Investment Advisers Act compliance matters
- Draft and negotiate guarantees and other miscellaneous corporate and commercial documents
- Perform other related duties as required and assigned
- Demonstrate behaviors that are aligned with the organization’s desired culture and values
- Post‑graduate degree
- 5+ years of relevant work experience
- Significant experience in secondary market and capital markets transactions, including bulk whole‑loan sale transactions, third‑party mortgage securitization transactions and related regulatory and compliance requirements
- Knowledge of mortgage loan origination, underwriting, servicing, and subservicing is a plus
- Licensed to practice law in CA or TX
- Must be highly proficient in Word
- Must be a team player, with the ability to work independently, and possess a strong attention to detail, excellent critical thinking skills, sound judgment and the capacity to handle multiple projects effectively
- Strong business acumen and ability to interface with senior and executive management
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.
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
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.
$175,000 - $305,000
OFFICE
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