First Vice President, Mortgage Operations Assistant General Counsel
Full-TimeDeadline 10/7/27
$110k - $170k+ Bonus opportunity
Expert
Carrollton, TX, USA
In Person
LegalLegal Counsel & Legal Support
About the job
Requirements
Must be a licensed attorney, preferably in California or Texas.
Must have significant experience in business litigation, preferably mortgage servicing-related defense litigation.
Must have a general understanding of civil litigation procedures and local rules for state and federal courts.
Proficiency with Microsoft Windows, Word, Excel, PowerPoint, and email is required.
Must be able to create reports and processes for efficient information retrieval and clear presentation.
Must be able to work independently and interact professionally with attorneys, litigation specialists, and all levels of management.
Must have strong attention to detail and be able to work independently.
Must have a proven track record of delivering timely and accurate information in a fast-paced environment.
Must have excellent critical thinking, problem-solving, and mathematical skills, and sound judgment.
Must have strong business acumen and be able to interface with executive management.
Responsibilities
Select and manage outside counsel by evaluating performance, directing litigation and settlement strategies, and reviewing pleadings, motions, and appellate briefs.
Supervise and direct litigation specialists in executing defense litigation support workflows.
Audit, negotiate, and approve outside law firm invoices to maintain litigation budget parameters.
Prepare litigation risk and case status reporting for senior management, investors, insurers, lenders, regulators, and capital market transactions.
Collaborate with all levels of internal management and cross-functional teams to resolve active legal matters.
Perform other related duties as required and assigned.
Desired Qualifications
Broad knowledge of mortgage origination or servicing, particularly in foreclosure and loss mitigation.
Experience managing attorneys and paralegals.
Class action and trial experience.
Experience with mortgage servicing systems.
Financial services and, if possible, mortgage industry experience.
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 First Vice President, Mortgage Operations Assistant General Counsel is responsible for supporting nationwide federal and state court litigation across all Pennymac entities. This role oversees outside counsel strategies, legal document reviews, corporate reporting, and internal litigation support teams.
The FVP, MO Assist Gen Cnsl will:
Select and manage outside counsel by evaluating performance, directing litigation and settlement strategies, and reviewing pleadings, motions, and appellate briefs
Supervise and direct litigation specialists in executing defense litigation support workflows
Audit, negotiate, and approve outside law firm invoices to maintain litigation budget parameters
Prepare litigation risk and case status reporting for senior management, investors, insurers, lenders, regulators, and capital market transactions
Collaborate with all levels of internal management and cross-functional teams to resolve active legal matters
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
Must be a licensed attorney, preferably in CA or TX
Broad knowledge of mortgage origination or servicing is preferred, particularly in foreclosure and loss mitigation
Must have significant experience in business litigation, preferably mortgage servicing-related defense litigation
Experience with managing attorneys and paralegals is preferred
Must have a general understanding of civil litigation procedures and local rules for state and federal courts
Class action and trial experience is preferred
Self-starter with ability to work independently and interact professionally with attorneys, litigation specialists and all levels of management
Excellent writing and organizational skills and good judgment are essential
Proficiency with Microsoft Windows, Word, Excel, PowerPoint and email are required. Must also have the ability to create reports and processes for efficient information retrieval and clear presentation
Experience with mortgage servicing systems is preferred
Must be a team player with strong attention to detail and able to work independently
Proven track record at delivering timely and accurate information in a fast-paced environment
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
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.
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.