A Typical DayThe
Vice President Financial Planning and Advisor is responsible for developing and maintaining the models and operational processes surrounding the performance forecasting and valuation of mortgage-related products and other financial instruments that Pennymac may invest in or manage. As the
VP FP&A, you are responsible for the analysis of investment, mortgage, and economic performance trends, and for the associated reporting required for those areas.
The
VP FP&A will:
- Manage the development, testing, and deployment of internally-developed and third-party models for the forecasting and valuation of mortgage-related products and other financial instruments that Pennymac may invest in or manage, which in turn are utilized in investment analysis, business forecasting and planning, and financial reporting
- Communicates analysis of investment performance and valuation changes to executive management and the Valuation Committee, as well as to external parties such as auditors
- Manages the preparation of monthly and quarterly management reporting and financial analysis regarding investment performance and market performance trends
- Manages and/or performs sensitivity analyses of investment products to various economic shocks using financial models
- Communicates and coordinates with other key members in the Accounting and Capital Markets areas regarding valuation results
- Serves as the primary interface with external auditors regarding valuation audit processes
- Perform other related duties as required and assigned
- Demonstrates behaviors which are aligned with the organization's desired culture and values
What You'll Bring- Strong understanding of technology, both theory and in practice
- Excellent Microsoft Office skills, in particular Excel
- Superior analytical skills and ability to manage multiple priorities simultaneously in a fast-paced and deadline-driven environment
- Sophisticated presentation and communication skills
- Strong business acumen and ability to interface with executive management
- Must be highly proficient in Excel and Word
- Financial Services and, if possible, mortgage industry experience preferred
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$95,000 - $155,000
Work ModelOFFICE
