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Pennymac Jobs (NOW HIRING)

Pennymac

FVP, Whole Loan Trading

Westlake Village, CA · On-site

$110K - $170K/yr

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 ...

Pennymac

Mediation Specialist II

Fort Worth, TX · On-site

$50K - $75K/yr

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 ...

Pennymac

VP Mortgage Finance

Westlake Village, CA · On-site

$95K - $155K/yr

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 ...

Pennymac

Campaign Administrator II

Carrollton, TX · On-site

$55K - $85K/yr

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 ...

Pennymac

Mortgage Trading Analyst

Westlake Village, CA · On-site

$55K - $85K/yr

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 ...

Pennymac

Staff Appraiser

Tampa, FL · On-site

$50K - $75K/yr

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 ...

Pennymac

Product Owner (Conversational AI)

Carrollton, TX · On-site

$90K - $150K/yr

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 ...

Pennymac

Default Loan Counselor I

Moorpark, CA · On-site

$39K - $55K/yr

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 ...

Pennymac

VP IT Project Management

Carrollton, TX · On-site

$95K - $155K/yr

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 ...

Pennymac

Foreclosure Specialist II

Carrollton, TX · On-site

$45K - $66K/yr

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 ...

Pennymac

Product Owner

Cary, NC · On-site

$75K - $130K/yr

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 ...

Pennymac

Fullstack Developer

Carrollton, TX · On-site

$90K - $150K/yr

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 ...

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How much do pennymac jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for pennymac in the United States is $26.34, according to ZipRecruiter salary data. Most workers in this role earn between $15.14 and $30.77 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive at Pennymac?

To thrive in a role at Pennymac, you typically need a background in finance, mortgage lending, or related fields, along with relevant educational qualifications such as a bachelor's degree in business or finance. Familiarity with loan origination systems, mortgage processing software, and regulatory compliance tools is essential. Strong attention to detail, customer service skills, and effective communication set top performers apart. These skills ensure accurate loan processing, regulatory adherence, and high-quality service in a competitive mortgage industry.

What are some common challenges faced by loan officers at Pennymac, and how can new hires effectively overcome them?

Loan officers at Pennymac often encounter challenges such as managing a high volume of loan applications, staying current with changing mortgage regulations, and meeting ambitious sales targets. New hires can overcome these hurdles by actively leveraging Pennymac’s robust training resources, collaborating closely with underwriting and processing teams, and utilizing technology platforms that streamline workflow. Building strong communication with clients and internal stakeholders also helps address issues quickly and maintain a positive customer experience.

What is the difference between Pennymac vs Mortgage Loan Officer?

AspectPennymacMortgage Loan Officer
Primary RoleProvides mortgage loans through a direct lenderAssists clients in obtaining mortgage loans, often working for lenders or brokers
CredentialsRequires licensing, mortgage originator license, and relevant experienceRequires licensing, mortgage originator license, and sales skills
Work EnvironmentCorporate office, remote, or hybrid settingsField and office-based, client-facing
Industry UsageUsed by direct lenders like PennymacCommonly used by mortgage brokers and lenders

While Pennymac is a direct mortgage lender offering home loans, a Mortgage Loan Officer works for lenders like Pennymac or brokers, helping clients secure those loans. Both roles require licensing and involve client interaction, but Pennymac focuses on loan origination and processing, whereas Mortgage Loan Officers primarily assist clients through the application process.

What is Pennymac?

Pennymac is a leading national mortgage lender and servicer in the United States. The company provides a range of home loan options for both purchasing and refinancing, as well as servicing existing mortgages. Pennymac is known for offering competitive rates, digital tools for customers, and various loan programs tailored to different financial needs. They also help homeowners manage their mortgage payments and provide customer support throughout the loan lifecycle.
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Pennymac jobs near you
Infographic showing various Pennymac job openings in the United States as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $54,791 per year, or $26.3 per hour.

FVP, Whole Loan Trading

Pennymac

Westlake Village, CA • On-site

$110K - $170K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 14 days ago

Job description

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.
Job Overview
The FVP, Pricing Strategies role supports Agency and Non-Agency whole loan trading activities. The Assistant Trader is responsible for the design, development and validation of best execution models of Non-Agency products including Jumbo, Agency eligible investment and second homes, closed end second liens and Non-QM mortgages; identification of whole loan trading arbitrage opportunities; assistance in the development and roll-out of non-agency products; data management & analytics and the development of management reporting. Responsibilities also include assisting in the creation, distribution and analysis of trade offerings; reconciliation and settlement of whole loan pools; developing, maintaining and monitoring daily pricing of non-agency products; coordination of analysis with multiple departments (e.g. Technology, Sales, Capital Markets); cross-channel non-agency product development and documentation; competitor product and pricing analysis and key corporate initiatives.
A Typical Day
  • The ideal candidate will possess deep expertise in residential secondary markets, hedging, analytics and whole loan trading
  • Lead the design and enhancement of best execution models within Pennymac proprietary pricing engines, as well as desktop-based solutions, to optimize the execution of Agency and Non-Agency products through whole loan sales and securitization
  • Develop an efficient and accurate mechanism to a) identify and divert loans from Agency MBS execution into Non-Agency Whole loans, and b) optimize distribution of Non-Agency products across multiple investors in a way that seamlessly integrates into Capital Markets MTM databases and Pennymac data warehouses to facilitate management, reporting and creation of whole loan offerings
  • Manage the creation, distribution and execution of whole loan offerings to include loan selection, setting collateral and transaction stipulations, receiving and analyzing investor bids and making best execution recommendations
  • Lead the design, development and deployment of new mortgage products, including comprehension and documentation of guideline and pricing requirements, as well as testing and building tools to validate the accuracy of all calculations and configurations
  • Participate and/or lead requirement gathering sessions with stakeholders, walk-throughs with cross-functional teams, and assist in drafting and producing related documentation to successfully deploy new products timely, accurately and efficiently
  • Design data models to extract data from operational databases and transform the data to easily understood business views
  • Develop, maintain, and manage advanced reporting, analytics, dashboards and other BI solutions to support whole loan trading and non-agency products
  • Delivery of key corporate initiatives and demonstrate the ability to collaborate effectively with management and key stakeholders
  • Demonstrate behaviors which are aligned with the organization's desired culture and values

What You'll Bring
  • Bachelor's degree with a major in Finance, Actuarial Science, Statistics, Decision Science, Mathematics or Quantitative Analysis
  • 5+ years of experience in residential mortgage finance, preferably with experience in Secondary Marketing or Capital Markets and exposure to Non-Agency/Non-QM mortgage products
  • Strong quantitative analysis skills and proficiency in statistical analysis, quantitative methods, computational math, and probability distributions. Direct experience designing and running agency and non-agency whole loan cash flow pricing models, MSR pricing models and structured private label securitization models a plus
  • Exposure to and working knowledge of mortgage prepayment and credit concepts and conventions
  • Must be highly proficient in MS Suite, with experience in SQL, data modeling and advanced Excel skills
  • Bloomberg, Intex, Snowflake and Rating Agency model experience preferred

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
For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information
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
$110,000 - $170,000
Work Model
OFFICE

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