Special Loans Specialist I

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 Core Non-Default Specialist will be responsible for the timely processing as well as a variety of functions within the department, such as: disbursements, escrow analysis, ARM adjustments, credit corrections and/or exception reports. As the Specialist , you will ensure that all loan servicing requirements are met as specified by the investor and regulatory agencies.The Special Loans departmentis responsible for the servicing of a variety of special loan products such as Adjustable Rate Mortgages (ARM), Buydown, and Home Equity Line of Credit (HELOC). In addition, the team processes master file updates to critical fields in the System of Record at the direction of other business units, including updating modification terms in the system when a modification is complete to ensure that the loan is serviced according to the modification terms.The Core Non-Default Specialist will:

Process job functions in accordance with established (Service Level Agreement) SLA

Research and analyze consumer accounts in order to respond to inquiries

Be responsible for researching the mortgage servicing platform to ensure accurate and timely data is updated on each account

Meet outlined production and quality standards

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

Associate’s degree or equivalent work experience

1+ years of relevant work experience

Proficient in Microsoft Office (Excel, Word, PowerPoint)

Must have strong business mathematical skills

Financial Services and, if possible, mortgage industry experience preferred

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/benefitsCompensation: 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$38,000 - $53,000Work ModelOFFICENeed help finding the right job?We can recommend jobs specifically for you!California applicants, please click here to view our Privacy Policy andclick here (https://pennymac.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=282306&hashed=1906047654) to view our Privacy Notice.Requisition ID 24-29446Location US-CA-MoorparkPosition Type RegularCategory Mortgage OperationsEducation Associate's DegreeYears of Experience 1salary $38,000 - $53,000