PENNYMAC Pennymac is (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. Job Overview The Vice President of Whole Loan Trading will play a crucial role in managing and expanding our whole loan trading activities. This position requires a strong understanding of the mortgage market, analytical and quantitative skills, and the ability to identify and execute profitable trading opportunities. The role requires a track record in whole loan trading, risk management, and portfolio optimization. A Typical Day • Source, evaluate, and execute whole loan trades, including purchases, sales, and securitizations.• Analyze market trends, interest rate movements, and credit risk to identify and capitalize on trading opportunities.• Ensure best execution is implemented to rate sheet• Implement and monitor risk management strategies to ensure compliance with regulatory requirements and internal risk tolerances.• Assess and manage credit, interest rate, and liquidity risk associated with the whole loan trading book.• Conduct stress testing and scenario analysis to evaluate portfolio performance under various market conditions.• Continue development of regular reporting and complete special assignments or product development necessary to support business strategy• Complete special assignments or product development necessary to support business strategy• 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 Finance, Economics, or related field; or equivalent work experience● Minimum of 7 years of experience in whole loan mortgage trading or MBS trading experience, with a proven track record of success in a leadership role● Excellent critical thinking, problem solving and mathematical skills combined with sound judgment● Highly proficient in Excel and Word and thorough knowledge of mortgage finance● Excellent communication and interpersonal skills, with the ability to effectively interact with internal and external stakeholders at all levels● Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities Why You Should Join 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 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 Model OFFICE