What are the responsibilities and job description for the Bankruptcy Specialist III position at PENNYMAC?
PENNYMAC
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 at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
A Typical Day
The Bankruptcy Specialist III is responsible for referral and timeline management for key Bankruptcy matters. They collaborate with counterparts in other internal departments to ensure great mortgage servicing is provided. The Specialist interacts with attorneys and other external vendors to provide information, answer detailed, loan-level questions and ensure accuracy and thoroughness in any legal filings made during the life of the bankruptcy case.
The Bankruptcy Specialist Will
As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
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:
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:
Salary
$40,000 - $60,000
Work Model
OFFICE
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 at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
A Typical Day
The Bankruptcy Specialist III is responsible for referral and timeline management for key Bankruptcy matters. They collaborate with counterparts in other internal departments to ensure great mortgage servicing is provided. The Specialist interacts with attorneys and other external vendors to provide information, answer detailed, loan-level questions and ensure accuracy and thoroughness in any legal filings made during the life of the bankruptcy case.
The Bankruptcy Specialist Will
- Timely complete tasks from system workgroups or exception and workflow reports to ensure bankruptcy matters meet federal and investor expectations
- Oversee work completed by attorneys and other vendors
- Respond to or escalate concerns that may need legal or litigation review
- Demonstrate expertise in bankruptcy matters for all chapters and states
- Problem-solve as needed in a fast-paced environment regarding proof of claims, motions for relief, plan reviews and confirmation, notices of post petition fees, payment changes and final cure responses
- Interact professionally with peers and be able to convey messages in team and management meetings, whether in person or using virtual meeting technology
- Be able to read and understand financial transaction histories and ledgers
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization’s desired culture and values
- High School Diploma / GED
- 5 years of relevant work experience
- Thorough knowledge of loan servicing, foreclosure, bankruptcy, REO, legal and title
- Must be highly proficient in Excel and Word
- Financial Services and, if possible, mortgage industry experience preferred
As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
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
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
Salary
$40,000 - $60,000
Work Model
OFFICE
Salary : $40,000 - $60,000
