VP Investor Accounting

Pennymac; Carrollton (TX); On-site; USD 95,000 - 155,000; Full time

Benefits offered by this job

Comprehensive Medical, Dental, and Vis

Paid Time Off Programs

Wellness Programs

401k match

Tuition reimbursement

Philanthropy programs

Job summary

PENNYMAC, a leading mortgage services firm, seeks a Vice President Investor Accounting in Carrollton, TX. You will oversee accounting, reporting, and reconciliations for investors and build a controlled environment to deliver accurate monthly ratings and strong audit outcomes.

You will lead bank reconciliations, manage offshore relationships, ensure audit readiness, and collaborate with Treasury and Loan Servicing to resolve complex movements and optimize cash flow.

Qualifications

• Bachelor’s degree or equivalent work experience is required.
• 7+ years of relevant work experience.
• Hands-on experience with residential mortgage servicing, including bank reconciliations and loan research.
• Strong analytical, oral, and written communication skills; proficient in Excel and Word.

Responsibilities

• Lead the Bank Reconciliation team for the growing subservicing portfolio.
• Act as primary executive lead for offshore relationships and ensure SLAs are met.
• Oversee a robust controlled environment; ensure reconciliations and reporting meet high audit standards.
• Partner with Treasury, Investor Reporting, and Loan Servicing to resolve complex financial movements.
• Review portfolio health; quantify over/short positions and manage cash aging items.
• Perform other related duties and demonstrate the company values.

Skills

Mortgage servicing

Bank reconciliations

Loan research

Analytical skills

Excel

Word

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 Vice President Investor Accounting is responsible for the accounting, reporting, reconciling and remitting for investors of the company. As the VP, you will be responsible for developing and maintaining a controlled environment and delivering superior investor ratings on a monthly basis and high audit scores on reviews performed by government agencies and internal/external auditors.

The VP Investor Accounting will:

• Lead the Bank Reconciliation team in managing the complexities of a rapidly growing subservicing portfolio.
• Act as the primary executive lead for offshore relationships, ensuring service providers meet rigorous SLAs and scale effectively with company growth.
• Oversee the maintenance of a robust controlled environment, ensuring all reconciliations and reporting meet the highest standards for government agencies and internal/external auditors.
• Partner with Treasury, Investor Reporting, and Loan Servicing executives to resolve complex financial movements and optimize aging item resolution.
• Review high-level portfolio health, quantifying over/shortage positions and ensuring proactive cash control management.
• 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
• 7+ years of relevant work experience
• Hands-on experience with most major areas of residential mortgage servicing, including bank reconciliations and loan research
• Must have strong analytical skills as well as excellent oral and written communications skills
• Must be highly proficient in Excel and Word

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

$95,000 - $155,000

Work Model

OFFICE