PennyMac Financial Services, Inc.

Product Owner

Cary, NC 27513In-Person
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Computer Science, Information Systems or related field, or equivalent experience
  • 10+ years of Agile experience
  • Preferred experience in Data Management and databases
  • Required knowledge of JIRA, Confluence or similar tools
  • Industry experience in Financial Services, preferably in mortgage
  • Familiarity with SQL Server/.NET, XML/EDI, AI or BI Tools is a plus

Responsibilities

  • Manage organizational analysis to identify capabilities and opportunities
  • Review and approve business analysis documentation
  • Coordinate with system developers and business experts for application changes
  • Write, communicate and vet requirements and user stories with business leaders
  • Participate in Scrum or Kanban team ceremonies and retrospectives
  • Create strategies for risk mitigation and cost-saving in projects
  • Execute change management with rigorous testing and documentation

Benefits

  • Comprehensive Medical, Dental, and Vision coverage
  • Paid Time Off programs including vacation and parental leave
  • Wellness Programs and onsite gyms at select locations
  • Retirement benefits including 401k match and tuition reimbursement
  • Philanthropy Programs with matching gifts and volunteer grants
Full Job Description
A Typical Day

We are seeking a Product Owner to manage complex projects that involve multiple integrated business systems, interfacing across departments and/or divisions. As the Product Owner, you will collaborate with System Developers and Business Subject Matter Experts on application changes, development, and deployment. 

 

The Product Owner will:

 

  • Manage organizational analysis efforts to identify current capabilities, opportunities for improvement and drives measurement, prioritization and implementation of identified opportunities
  • Review and approve business analysis related documentation including: requirements, current and future state processes and workflows, report specifications and others
  • Interact and coordinate with system developers and business subject matter experts on application changes, development, and deployment
  • Write, communicates and vets 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 and participate in Scrum ceremonies and retrospectives
  • Create strategies for risk mitigation, contingency planning, and cost saving while maintaining project documentation to develop regular reports for 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
  • 10+ years of Agile experience
  • Data Management experience and database knowledge preferred
  • Knowledge of JIRA, Confluence or similar tools required
  • Financial Services and, if possible, mortgage industry experience preferred
  • SQL Server/.NET, XML/EDI, AI or BI Tools experience a plus

 

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$75,000 - $130,000 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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