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 Senior IT Financial Analyst provides key centralized financial services to all Information Technology groups requiring financial guidance, reporting, or analyses. General functions would include financial forecasting, pricing and product analyses, profit and loss statement management, corporate budgeting, ad-hoc analyses and reporting, and guidance pertaining to shared expense analyses, expense allocations, and department structuring.
Responsibilities:
Collects analyses, and prepares reports for Information Technologyservices utilization and cost. Data is used to ensure appropriate cost andcharge practices to business divisions and to identify and understandtrends in services utilization. Works with department management todevelop corrective action strategies for problem areas.
Performs regular audits of services utilization and financial data toensure accurate and appropriate use practices. Makesrecommendations and/or brings issues to management.
Oversees billing issue reconciliation, participates in process changes asneeded, and Works in conjunction with FAV to make recommendationfor continued process improvement.
Maintain analytics models that require knowledge of financial concepts
Seeks and implements opportunities for additional controls regarding ITspend.
Headcount reporting for both internal (FTE/Contractors) and external(Offshore/Nearshore) resources.
Develop the information technology budget in conjunction with thevarious Information Technology groups.
Audits Profit & Loss statement to identify cost trends and misscategorizations.
Timely response to ad-hoc reporting requests.
Perform other related duties as required and assigned.
Demonstrate behaviors which are aligned with the organization's desiredculture and values.
What You'll Bring
Post-graduate degree in quantitative major
3+ years of relevant experience with financial modeling or financial engineering preferred
Moderate skill in business intelligence tools such as Tableau
Must be highly proficient in Excel and Google Sheets
Ability to create and present presentations
Knowledge of SQL a plus
Accounting background or knowledge of general accounting processes, procedures, and financial statements helpful
Organized thought process and able to conduct one-self in a professional manner
Must be a team player with strong attention to detail and able to work independently
Excellent critical thinking, problem solving, mathematical skills and sound judgment
Financial Services and, if possible, mortgage industry experience preferred
Strong business acumen and ability to interface with executive management
Growth mindset, desire and willingness to lead objectives as opportunities arise
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
$68,000 - $115,000
Work Model
OFFICE
