What are the responsibilities and job description for the Lead Product Owner position at 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 Lead Product Owner is responsible for managing complex, high profile projects that involve multiple integrated business systems, interfacing across departments and/or divisions to accomplish projects and activities. As the Lead Product Owner, you will create operational efficiencies by creating and initiating new Business processes and serve as a domain expert by being conversant in end-to-end business functions.
The Lead Product Owner will:
- Write, communicate and vet requirements and user stories with business leaders using different approaches such as use cases, activity diagrams, sequence diagrams and state charts, data dictionaries, class or entity relationship diagrams to ensure complete understanding by business leaders/executives while working with an Agile framework
- Work effectively inside a Scrum or Kanban team and conduct Scrum ceremonies and retrospectives
- Create strategies for risk mitigation and contingency planning
- Own and lead backlog grooming sessions for ongoing roadmap planning
- Maintain business project documentation and creates and presents regular reports to department and executive leadership
- Plan, develop, oversee, execute and certify changes by establishing rigorous test plan through design and implementation phases and tracking test results to ensure changes are complete and accurate to finalized requirements
- 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
- Bachelor’s degree in Computer Science, Information Systems or related field, or equivalent work experience
- Experience with managing End to End testing for both functional and nonfunctional tests
- Experience with the mortgage fulfillment industry
- Strong technical writing proficiency
- 10 years of Agile experience
- Knowledge of JIRA, Confluence or similar tools required
- SQL Server/.NET experience a plus
- XML/EDI experience a plus
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
$95,000 - $155,000
Work Model
OFFICE
Salary : $95,000 - $155,000