PENNYMAC
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Underwriter Manager
role at
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
Underwriter Manager
is responsible for managing and supporting the underwriting function in alignment with department policies, practices and standards. As the
Underwriter , you will manage an underwriting staff of approximately 5-10 underwriters.
The Underwriter Manager Will
Ensure underwriting quality meets company and investor standards
Carry out personnel management including hiring, counseling, training
Continuously evaluate processes to ensure application of best practices and maximize staff utilization
Provide support to production staff regarding underwriting and credit policy matters
Complete second reviews of loan files and resolves exception cases
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
5+ years of relevant work experience
Current and extensive knowledge of FNMA/FHLMC, FHA, and VA program guidelines
Experience analyzing financial statements for high net worth borrowers
A thorough understanding of cash flow methodology for complex tax returns including, but not limited to, partnerships, corporations, S-corporations, as well as, treatment of capital gains and trust income
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 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.
Compensation Salary: $68,000 - $115,000
Work Model OFFICE
Job Function Finance and Sales
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Underwriter Manager
role at
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
Underwriter Manager
is responsible for managing and supporting the underwriting function in alignment with department policies, practices and standards. As the
Underwriter , you will manage an underwriting staff of approximately 5-10 underwriters.
The Underwriter Manager Will
Ensure underwriting quality meets company and investor standards
Carry out personnel management including hiring, counseling, training
Continuously evaluate processes to ensure application of best practices and maximize staff utilization
Provide support to production staff regarding underwriting and credit policy matters
Complete second reviews of loan files and resolves exception cases
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
5+ years of relevant work experience
Current and extensive knowledge of FNMA/FHLMC, FHA, and VA program guidelines
Experience analyzing financial statements for high net worth borrowers
A thorough understanding of cash flow methodology for complex tax returns including, but not limited to, partnerships, corporations, S-corporations, as well as, treatment of capital gains and trust income
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 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.
Compensation Salary: $68,000 - $115,000
Work Model OFFICE
Job Function Finance and Sales
#J-18808-Ljbffr