PENNYMAC

Pennymac is (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 Exam Process Manager plays a critical role in ensuring Pennymac's successful navigation of various regulatory examinations. This position is responsible for the planning, coordination, and execution of key examinations, including those conducted by government-sponsored enterprises (GSEs) like Fannie Mae, Freddie Mac, and Ginnie Mae, as well as agency and investor exams (FHA, VA, and USDA). This role requires a highly organized and detail-oriented individual with excellent communication and interpersonal skills to effectively manage all stages of the exam process.

The Exam Process Manager will:

• Lead and manage the end-to-end process for Fannie Mae (MORA/STAR), Freddie Mac (CORE), Ginnie Mae, HUD, FHA, VA, and USDA origination and servicing examinations

• Facilitate exams conducted by non-agency investors, warehouse lenders, and rating agencies. Coordinate and support subservicer client exams

• Provide support and assistance during regulatory exams, such as those conducted by the Consumer Financial Protection Bureau (CFPB) and state regulators

• Collaborate with various internal stakeholders to gather necessary documentation and information

• Develop and maintain comprehensive exam preparation plans and timelines

• Ensure timely and accurate responses to examiner requests and track and monitor exam findings and remediation efforts to completion

• Develop and implement best practices for exam preparation and execution

• Contribute to the development and maintenance of exam-related policies and procedures

• Establish and maintain strong working relationships with examiners, internal business units, and senior management

• Effectively communicate exam requirements and expectations to stakeholders

What You’ll Bring

• Bachelor's degree in Business, Finance, or a related field

• 5+ years experience in managing and facilitating regulatory examinations, particularly in the mortgage industry or financial services

• Strong knowledge of GSE (Fannie Mae, Freddie Mac) and government agency (FHA, VA, USDA) guidelines and regulations

• Familiarity with mortgage loan file documentation

• Excellent written and verbal communication skills, with the ability to effectively interact with all levels of management and external parties

• Highly organized and detail-oriented, with the ability to manage multiple tasks and prioritize effectively

• Strong analytical and problem-solving skills

• Familiarity with CFPB regulations and examination procedures. Experience with process improvement methodologies

• Experience writing policies and procedures is highly desirable.

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

• We value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities.

  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

$68,000 - $115,000

Work Model

OFFICE