Portfolio Investments Analyst
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 Portfolio Investments Analyst will conduct extensive analysis using loan level data and credit/prepayment analytics on various mortgage portfolios. In this role, you will serve as the Capital Markets Portfolio Investments liaison to other departments (Financial Analysis and Valuation, Portfolio Strategy, Credit, Treasury, Servicing, Accounting, Investor Accounting, etc.).
The Portfolio Investments Analyst will:
- Run loan-level characteristics through predictive models to output loan performance and projected returns relating to current and prospective investments
- Develop robust cash flow projection models for a variety of structured mortgage products to inform investment decisions
- Review and analyze performance related metrics based on historical data on retained investments and comparable deals
- Conduct loan level collateral analytics and data stratification to monitor collateral drift and other collateral level issues
- Work with numerous departments conducting data analytics related to existing and new potential investments with end product reporting to various levels of management
- Daily mark-to-market of retained bond position which requires running investment cash flow models and looking at comparable trades in the marketplace
- 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 combination of training and experience. Studies focused on finance, economics etc. preferred
- Advanced Microsoft Excel skills required and VBA knowledge a plus
- Knowledge of SQL/Python a plus
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
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: $55,000 - $85,000
Work Model: OFFICE