PennyMac Financial Services, Inc.

Product Owner (Conversational AI)

Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of Product Management or Ownership experience, preferably in mortgage or fintech sectors.
  • Experience with AI/ML products, with a focus on conversational AI and Large Language Models (LLMs).
  • Ability to design complex conversational architectures, particularly multi-agent systems.
  • Strong analytical skills, specifically in creating dashboards and running A/B tests related to AI metrics.
  • Proficiency in translating business logic into technical configurations and natural language processes.
  • Exceptional leadership and stakeholder engagement capabilities.

Responsibilities

  • Lead the product vision for conversational AI, ensuring a cohesive company-wide persona strategy.
  • Architect a multi-agent orchestration layer to optimize user intent interpretation and task management.
  • Continuously develop and refine system prompts to enhance conversational quality and efficiency.
  • Establish tracking frameworks to monitor agent performance and drive prompt optimization.
  • Serve as the central coordinator across business teams to streamline development processes.
  • Define and oversee the creation of a 'Golden Dataset' for effective testing of agent responses.
  • Align AI agent performance metrics with business KPIs to evaluate product strategy effectiveness.

Benefits

  • Comprehensive Medical, Dental, and Vision insurance.
  • Paid Time Off for vacation, holidays, illness, and parental leave.
  • Wellness programs, Employee Recognition Programs, and onsite amenities.
  • Retirement benefits, life insurance, 401k matching, and tuition reimbursement opportunities.
  • Philanthropic initiatives including matching gifts and volunteer support programs.
Full Job Description
A Typical Day

We are seeking a Product Owner to serve as a prompt-development focused leader for Pennymac's conversational AI initiatives. Operating within a Federated Hub-and-Spoke model, you will sit at the orchestration level across work teams to own the company-wide prompt and persona strategy. Partnering closely with the core engineering team (the "Hub") and leading a team of Product Analysts, you will drive the parallel development and deployment of voice AI agents across CDL/Sales, Servicing, and Fulfillment.

 

The Product Owner will:

 

  • Lead the overall product vision for conversational AI agents, owning the company-wide persona, brand voice, and overarching prompt strategy.
  • Architect the multi-agent orchestration layer, defining how primary routing agents interpret user intent and seamlessly hand off tasks to specialized, domain-specific sub-agents (e.g., specific agents for Sales vs. Servicing vs. Fulfillment). Establish the logic boundaries, tool access, and context parameters for each sub-agent.
  • Continuously develop, test, and tune complex system prompts, system instructions, and few-shot examples. Optimize these prompts across the AWS tech stack to balance conversational quality, token efficiency, and response latency.
  • Establish robust tracking frameworks to measure prompt and agent efficacy at a granular level. Monitor specialized metrics such as hallucination rates, contextual accuracy, task completion/containment rates, and user drop-off to drive continuous prompt optimization cycles.
  • Serve as the central orchestrator across CDL/Sales, Servicing, and Fulfillment teams to negotiate and refine business requirements, ensuring parallel development without technical bottlenecks.
  • Define the "Golden Dataset" of test scenarios to feed into engineering’s automated LLM-as-a-judge evaluation pipelines. Oversee structured A/B testing initiatives and data analysis to iteratively optimize agent responses against baseline configurations.
  • Define product strategy and track ROI by aligning AI agent performance to key business KPIs, including Customer Satisfaction (CSAT) and Average Handle Time (AHT).
  • Partner with the engineering team to integrate prompt designs with the core infrastructure, latency management pipelines, and real-time safety guardrails.
What You’ll Bring
  • 5–7 years of Product Management or Product Ownership experience, ideally within mortgage, fintech, or complex customer servicing environments.
  • Demonstrated experience with AI/ML products, specifically conversational AI, Large Language Models (LLMs), and deep prompt engineering strategies within an enterprise AWS environment.
  • Proven ability to design multi-agent or complex state-machine conversational architectures.
  • Strong analytical background with a track record of building effectiveness dashboards, running A/B tests, and utilizing AI-specific metrics (e.g., hallucination tracking, prompt latency) to drive improvements.
  • Ability to translate complex business logic into precise technical configurations and natural language flows.
  • Exceptional leadership and stakeholder management skills.

 

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

 

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$90,000 - $150,000 Work ModelOFFICE

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a mortgage finance company that provides home loans and related services. The company was founded in 2008 and is headquartered in Westlake Village, California. PennyMac's business includes the origination, servicing, and sale of mortgage loans, as well as the management of investments related to mortgage loans. The company operates in two segments: Production and Servicing. PennyMac's mission is to make homeownership accessible and affordable for all Americans by providing innovative mortgage solutions.
Learn more about PennyMac Financial Services, Inc.
Size
6,308 employees
Market Cap
$2.7 billion
Industry
Net Income
$1.6 billion
5 Year Trend
+21.2%
Revenue
$4.5 billion
NASDAQ

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