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Job description
PENNYMAC
nPennymac 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.
nAt 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.
nA Typical Day
nA Mortgage Servicing Compliance Specialist II is responsible for implementing new and updated regulations and investor requirements; assessing the impact to written, automated and manual policies and procedures. This position requires an understanding of mortgage servicing regulations and their practical application.
nThe Mortgage Servicing Compliance Specialist II will:
nnnPerform independent inline and post-mortem quality assurance (QA) testing on loan servicing files to ensure compliance with investor, federal, and state regulations (including RESPA and TILA), as well as company policies and procedures.
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nnReview critical and non-critical data entry to assess accuracy and compliance. Identify, document, and report findings to responsible lines of business.
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nnWork with the Servicing Compliance Program Manager and Quality Assurance team to identify new or changed regulatory requirements and assess impact
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nnReview line of business rebuttals and determine final disposition. Verify corrective actions are taken on flagged errors.
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nnIndependently researches, interprets, and analyzes complex federal and state mortgage servicing regulations (e.g., RESPA, TILA, ECOA, FCRA, SCRA, FDCPA, CFPB guidelines, investor guidelines like Fannie Mae, Freddie Mac, FHA, VA)
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nnTranslates regulatory requirements into actionable business processes and procedures
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nnPerform other related duties as required and assigned
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nnDemonstrate behaviors which are aligned with the organization’s desired culture and values
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n nWhat You’ll Bring
nnnPossess technical proficiency in regulatory compliance matters and regulations
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nnAbility to analyze and assess risk based on potential impact to Pennymac for non compliance
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nnProficient in Word, Excel and Power Point
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nnMust be a team player with strong attention to detail and able to work independently
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nnProven track record at delivering timely and accurate information in a fast-paced environment
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nnExcellent critical thinking, problem solving, mathematical skills and sound judgment
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nnFinancial Services and, if possible, mortgage industry experience preferred
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nnStrong business acumen and ability to interface with executive
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n nWhy You Should Join
nAs 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.
nPennymac 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.
nBenefits 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:
nnnComprehensive Medical, Dental, and Vision
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nnPaid Time Off Programs including vacation, holidays, illness, and parental leave
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nnWellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
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nnRetirement benefits, life insurance, 401k match, and tuition reimbursement
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nnPhilanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
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nnWe value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities.
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n nTo learn more about our benefits visit:
n nFor residents with state required benefit information, additional information can be found at:
nCompensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
nnnLower in range - Building skills and experience in the role
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nnMid-range - Experience and skills align with proficiency in the role
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nnHigher in range - Experience and skills add value above typical requirements of the role
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n nSome roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.
nSalary
n$50,000 - $75,000
nWork Model
nOFFICE
Worksite address
carrollton, TX, 75011, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.