Manager, Structured Finance

Manager, Structured Finance

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and the heart of our dynamic work culture. We help millions of Americans achieve home ownership through the complete mortgage journey.

The Manager, Structured Finance will participate in and manage the negotiation, facilitation, contractual and logistical process of non-agency securitizations as well as mortgage servicing rights securitizations. The role also includes cash management initiatives, liquidity forecasting, reporting, and analytics.

• Understand concepts of structured finance including agency and non-agency securitizations, mortgage servicing rights securitizations and warehouse financings.
• Thoroughly review and negotiate all forms of related transaction documents.
• Manage transactions while fostering internal and external client relationships and business growth.
• Ensure smooth and timely settlement of transactions.
• Execute remediation based on findings from in-process and post‑due‑diligence quality control audits.
• Support financing and capital strategy formulation.
• Assist with cash balances, secured revolving facilities, and warehouse lines to ensure liquidity, compliance with lender and regulatory requirements, and to minimize interest and fee expenses.
• Successfully coordinate across all areas of Pennymac (Legal, Servicing, Investor Accounting, etc.).
• Perform other related duties as required and assigned.

• Bachelor’s degree or equivalent work experience.
• 5+ years of relevant work experience in structured finance and/or securitizations.
• Must be proficient in Excel.
• Experience and knowledge of mortgage banking a plus.
• Working knowledge of financial and accounting concepts with prior experience in mortgage loan or mortgage‑backed securities desirable.

• 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 café‑style dining (select locations).
• Retirement benefits, life insurance, 401(k) match, and tuition reimbursement.
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsor ships.

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.

• Not Applicable

• Full‑time

• Finance and Sales

• Office

Irving, Texas