Pennymac Corporate University Rotational Program

About the role

Pennymac is a specialty financial services firm (NYSE: PFSI) 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. The Pennymac Corporate University (PCU) Rotational Program is a 12-month development experience designed to immerse recent college graduates in various business functions across the enterprise before transitioning into a full-time, high-impact role. Participants specialize in one of three tracks: Capital Markets & Financial Analytics, Operational Analytics & Business Intelligence, or Strategic Initiatives & Enterprise Operations.

The program begins with an intensive 3-week cohort onboarding focused on executive engagement, industry and market insights, and technical skill-building. Participants then complete two 6-month departmental rotations, blending classroom knowledge with real-world execution. Upon successful completion, analysts are placed into full-time roles aligned with their track, skills, and business needs.

Program locations include Southern California (Westlake Village, Simi Valley), Texas (Fort Worth, Carrollton), and a relocation path from California to Tampa, Florida.

Responsibilities

• Participate in a structured rotational program across departments such as Finance, Capital Markets, Treasury, Mortgage Fulfillment, Enterprise Risk Management, Marketing, Sales, and Human Resources.
• Analyze complex, unstructured financial and operational datasets to generate actionable business insights, risk models, and executive recommendations.
• Leverage modern AI tools (e.g., Cursor AI, Amazon Quick, Gemini) and Python/SQL scripts to automate legacy workflows, build dynamic dashboards, and optimize reporting pipelines.
• Lead and support high-impact cross-functional initiatives, managing timelines, risk frameworks, and deliverables to support enterprise transformation.
• Conduct quantitative and qualitative research on industry trends, rate sensitivities, and regulatory shifts impacting mortgage and capital markets.
• Prepare and present structured findings, financial models, and strategic dashboards to leadership.
• Identify operational bottlenecks, map end-to-end workflows, and implement scalable, tech-enabled solutions across host departments.
• Display an eagerness to learn, collaborate, and contribute across two 6-month departmental assignments while maintaining alignment with Pennymac’s core values.
• Demonstrate behaviors aligned with the organization’s desired culture and values.

Requirements

• Must graduate with a Bachelor's degree in Finance, Economics, Business Analytics, Applied Mathematics, Statistics, Data Science, Industrial Engineering, Business Administration, or a related quantitative/business discipline.
• Must graduate prior to the program start date (July 12, 2027) or have graduated within 18 months of the program start date.
• GPA: 3.3+ for operational/strategic tracks; 3.5+ for quantitative/capital markets tracks is preferred.
• Hands-on experience or strong familiarity with modern AI tools (Cursor AI, Amazon Quick, Gemini, etc.).
• Hands-on experience or strong familiarity with modern data & analytics tools: SQL, Python, Excel (Advanced Modeling/Automation), Tableau, Power BI, or Snowflake.
• Ability to apply structured, data-driven logic to solve ambiguous, complex business problems.
• Outstanding written and verbal communication skills, with the ability to translate complex technical/financial concepts for cross-functional stakeholders.
• Highly adaptable, self-motivated, and eager to learn new domain areas and software platforms under tight deadlines.

Benefits

• Comprehensive Medical, Dental, and Vision coverage.
• 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, 401k match, and tuition reimbursement.
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants, and corporate sponsorships.

Pay

Salary: $75,000 – $80,000

Schedule

Office-based work model.