What are the responsibilities and job description for the Manager, Financial Engineering position at Pennymac?
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 Manager, Financial Engineering will :
- Lead and mentor a team of analysts supporting multiple enterprise-wide business functions.
- Collaborate across functional teams, including Data Engineering, Finance, and the Cloud Business Office, to ensure alignment with strategic objectives.
- Oversee the design, development, and implementation of robust data reporting, financial models, and KPIs.
- Analyze large, multi-dimensional datasets to uncover actionable insights and trends that inform business strategies.
- Manage the creation of predictive models for performance forecasting and risk assessment.
- Provide meaningful insights from raw data within cloud billing and usage tools.
- Monitor cloud consumption at the account level to identify and address anomalies and cost-saving opportunities.
- Develop financial models and tools to optimize cloud costs and drive informed decision-making.
- Create and maintain detailed monthly and quarterly cloud consumption reports, integrating unit costs for analysis.
- Develop and implement policies, procedures, and controls to mitigate risks related to information management and provisioning.
- Drive continuous improvement in data processes, ensuring scalability, accuracy, and compliance.
- Present findings, insights, and actionable recommendations to Senior Management and stakeholders.
- Prepare clear and impactful presentations, emails, and documentation for diverse audiences.
- Lead and manage cross-functional projects, ensuring they align with organizational strategy and deliver measurable outcomes.
What You'll Bring
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 :
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 :
Some roles may be eligible for performance-based compensation and / or stock-based incentives awarded to employees based on company and individual performance.
Salary
75,000 - $130,000
Work Model
OFFICE
Salary : $75,000 - $130,000
