Job Information
PennyMac Research Associate II in Moorpark, California
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 Research Associate will resolve written inquiries, requests for information, disputes, and general complaints received from customers, third parties and or attorneys.
The Research Associate will:
Ensure correspondence being worked is labeled and dispositioned to the appropriate area for prompt and error free handling
Write response letters to customers/third parties in an error-free, professional and courteous manner, including providing copies of requested documents
Verify all Federal and State requirements are adhered to- including CFPB/RESPA to include: system-generated acknowledgment/extension and resolution letters are mailed in accordance with RESPA time frames
Identify and escalate breakdowns and provide suggestions to improve overall customer experience, reduce repeats, suggest process efficiencies and improve service levels
Meet productivity, quality and SLA standards
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
Thorough knowledge of RESPA/CFPB as it pertains to notice of error and information requests
Strong customer service background
Must be highly proficient in Excel and Word
Proficient in multiple functions within Research and Correspondence
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
$39,000 - $55,000
Work Model
OFFICE
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Requisition ID 24-29442
Location US-CA-Moorpark
Position Type Regular
Category Mortgage Operations
salary $39,000 - $55,000