PENNYMACPennymac (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 DayThe Post Funding Analyst is responsible for making adjustments or corrections to any post funding errors in order to maintain accurate and sellable residential mortgage loans. As the Analyst , you will monitor for Government Insurance, and trailing docs such as Mortgage Insurance Certification (MIC), Recorded Deed of Trust, Title Policy and Final HUD-1. The Post Funding Analyst will :
Verify all required documentation is in the submitted loan file, (i.e. compliance, credit, collateral, capacity)
Ensure timely delivery and review of the collateral documents as to ascertain proper and timely transfer of collateral from Sellers to Pennymac after any corrections or adjustments have been made
Ensure that funds are wired to the authorized bank accounts
Coordinate with the appropriate departments to ensure timely availability of cash to purchase loans
Deliver data necessary for accurate accounting of purchased loans
Manage the accuracy and completeness of the adjusted, corrected data and documents in order for the shipping department to efficiently provide acceptable turnover of mortgage loans
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 higher in Business Administration, Finance or related field, preferably in Accounting
1+ years of relevant work experience
General knowledge of accounting, the mortgage industry and operational practices
Functional understanding of applicable federal, state and local lending regulations
Advanced knowledge of Excel functions, such as vlook-ups, filtering and Pivot table creation
Why You Should JoinAs 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
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$39,000 - $55,000 Work ModelOFFICE
