Collateral Management eNote Specialist III
Pennymac, Fort Worth, TX, United States
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 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 Collateral Management Early Buyout/eNote Specialist is responsible for processing and providing guidance throughout the Early Buyout (EBO) process, summarizing all aspects of EBO functions that fall within the scope of the EBO Operations team, including Modification Buy Out of Ginnie Mae investor, Defect Management approval of cleared loans for submission to pool and due diligence for all loan channels including Third Party Investor Repurchases. Additional responsibilities include reconciliation of the MERS eRegistry system and daily eNote activity reconciliation.
Create various reports that require knowledge of MS Excel and MS SQL database
Complete and resolve complex/escalated collateral reviews
Partner with multiple teams such as Modification, Investor Accounting, Capital Market, Custodian and Agency Trading Desk
Perform deep-dive reviews and take action on balance sheet loans
Be responsible for tasks ranging from New Data to Custodian, Reconciliation Reporting, Data Review and Data Corrections
Reconciling the MERS and eRegistry data (ability to reconcile large volumes of data)
Perform other related duties as required and assigned
Demonstrate behaviors which align with the organization’s desired culture and values
What You’ll Bring
3+ years of experience in mortgage loan servicing and in a high paced, customer service oriented operation
Familiarity with the collateral documents files (i.e. note, mortgage, related riders and addendums, assignments, title insurance policy, etc.) preferred
2+ years of experience in MS SQL
Knowledge of Microsoft Excel including pivot reporting and vlookup formula
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
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 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
$55,000 - $85,000
Work Model OFFICE
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At Pennymac, our people are the foundation of our success and 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 Collateral Management Early Buyout/eNote Specialist is responsible for processing and providing guidance throughout the Early Buyout (EBO) process, summarizing all aspects of EBO functions that fall within the scope of the EBO Operations team, including Modification Buy Out of Ginnie Mae investor, Defect Management approval of cleared loans for submission to pool and due diligence for all loan channels including Third Party Investor Repurchases. Additional responsibilities include reconciliation of the MERS eRegistry system and daily eNote activity reconciliation.
Create various reports that require knowledge of MS Excel and MS SQL database
Complete and resolve complex/escalated collateral reviews
Partner with multiple teams such as Modification, Investor Accounting, Capital Market, Custodian and Agency Trading Desk
Perform deep-dive reviews and take action on balance sheet loans
Be responsible for tasks ranging from New Data to Custodian, Reconciliation Reporting, Data Review and Data Corrections
Reconciling the MERS and eRegistry data (ability to reconcile large volumes of data)
Perform other related duties as required and assigned
Demonstrate behaviors which align with the organization’s desired culture and values
What You’ll Bring
3+ years of experience in mortgage loan servicing and in a high paced, customer service oriented operation
Familiarity with the collateral documents files (i.e. note, mortgage, related riders and addendums, assignments, title insurance policy, etc.) preferred
2+ years of experience in MS SQL
Knowledge of Microsoft Excel including pivot reporting and vlookup formula
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
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 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
$55,000 - $85,000
Work Model OFFICE
#J-18808-Ljbffr