A Typical Day
The Vice President Investor Accounting is responsible for the accounting, reporting, reconciling and remitting for investors of the company. As the VP, you will be responsible for developing and maintaining a controlled environment and delivering superior investor ratings on a monthly basis and high audit scores on reviews performed by government agencies and internal/external auditors.
The VP Investor Accounting will:
- Lead the Bank Reconciliation team in managing the complexities of a rapidly growing subservicing portfolio.
- Act as the primary executive lead for offshore relationships, ensuring service providers meet rigorous SLAs and scale effectively with company growth.
- Oversee the maintenance of a robust controlled environment, ensuring all reconciliations and reporting meet the highest standards for government agencies and internal/external auditors.
- Partner with Treasury, Investor Reporting, and Loan Servicing executives to resolve complex financial movements and optimize aging item resolution.
- Review high-level portfolio health, quantifying over/shortage positions and ensuring proactive cash control management.
- 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 or equivalent work experience
- 7+ years of relevant work experience
- Hands-on experience with most major areas of residential mortgage servicing, including bank reconciliations and loan research
- Must have strong analytical skills as well as excellent oral and written communications skills
- Must be highly proficient in Excel and Word
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