Broker Approval Analyst II at PennyMac

Posted in Other 24 days ago.

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Location: Phoenix, Arizona

Job Description:
Responsible for underwriting complex background reviews for new broker relationships and for ongoing monitoring of approved brokers. Prepare comprehensive memorandums for management review and guidance.

Job Description
  • Conduct review and analysis of prospective and approved mortgage companies and financial institutions
  • Conduct due diligence reviews of prospective and approved brokers
  • Prepare comprehensive memorandums for senior management review
  • Conduct recertification and monitoring in accordance with stated policy
  • Data validation and input into various software applications
  • Develop and update operational procedures to ensure current processes are correctly documented
  • Coordinate efforts and communicate with various internal and external groups, including clients and vendors regarding credit risk management information
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization's desired culture and values

Ideal Candidate will have the following:
  • Bachelor's degree in business administration, finance or related field preferred
  • Financial services and/or mortgage industry experience preferred
  • Ability to analyze financial statements and effectively prepare written analyses
  • Functional understanding of wholesale processes, applicable federal, state and local lending regulations, and mortgage investor guidelines
  • Highly proficient in Microsoft Office Suite
  • Team player with strong interpersonal skills
  • Ability to work independently
  • Proven track record at delivering timely and accurate information in a fast-paced environment
  • Excellent verbal and written communication skills
  • Strong critical thinking, mathematical and problem solving skills; and sound judgment

Years of Experience: 3

Education: Bachelor's Degree