Senior Vice President, Mortgage Operations Associate General Counsel

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.

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

$140,000 - $175,000
Work Model

OFFICE