Senior Bankruptcy Specialist

About the role

Pennymac is a specialty financial services firm (NYSE: PFSI) with a comprehensive mortgage platform focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. The company’s people are the foundation of its success and dynamic work culture, working toward helping millions of Americans achieve homeownership through the complete mortgage journey. Pennymac’s vision is to be the most trusted partner for home, guided by core values of being Accountable, Reliable, and Ethical in all actions. The firm is committed to making positive contributions, promoting long‑term sustainable growth, and fostering an equitable and inclusive environment where employees and customers feel valued, respected, and supported.

Responsibilities

• Advanced Case Management: Expertly manage a portfolio of the organization's most complex and sensitive bankruptcy cases, including those in partnership with litigation, and high financial exposure
• Apply innovative, data-driven approaches to optimize case outcomes and minimize losses
• Process Excellence & Contribution: Actively contribute to the development and refinement of bankruptcy policies, procedures, and workflows. Identify and propose process improvements and efficiency initiatives that enhance operational scalability and reduce risk
• Strategic Stakeholder Engagement: Cultivate and manage effective relationships with external partners, including legal counsel and key vendors. Represent the organization in high-level discussions and negotiations, leveraging your expertise to achieve favorable resolutions
• In-Depth Compliance & Risk Mitigation: Serve as a subject matter expert on federal, state, and investor compliance requirements. Proactively identify and analyze emerging risks within your portfolio, developing and implementing robust mitigation strategies. Assist in preparing for internal and external audits related to bankruptcy operations
• Management Reporting: Serve as support to management oversight and reporting of complex matters and insightful data, providing recommendations to leadership to maximize efficiency and workqueue performance
• Mentorship & Skill Development: Directly mentor and guide Bankruptcy Specialists at all levels (I, II, and III), fostering a culture of continuous learning and high performance. Share your expertise to help colleagues enhance their skills and navigate complex cases
• Key Project Participation: Play a leading role in strategic projects and initiatives that span legal, operations, finance, and technology teams, aimed at enhancing bankruptcy management, system capabilities, and regulatory adherence
• Industry Knowledge Application: Stay abreast of evolving industry trends, regulatory changes, and best practices. Apply this knowledge to your daily work and contribute insights to the team

Requirements

• Bachelor's degree in Business, Finance, Real Estate, Law, or a related field or relevant professional certifications (e.g., in Mortgage Banking, Real Estate Law) highly preferred
• Minimum of 5‑7 years of progressive experience as a Bankruptcy Specialist or in a directly related senior default servicing role, with a demonstrated history of successfully managing complex, high‑impact cases
• Exceptional and unparalleled expertise in federal, state, and investor bankruptcy rules, regulations, and legal procedures, including an in‑depth understanding of judicial and non‑judicial processes across multiple jurisdictions
• Proven track record of success in expertly managing complex, high‑value bankruptcy cases, with a clear ability to resolve challenges and achieve superior outcomes

Skills

• Strong written and verbal communication skills, capable of clearly articulating concepts to diverse audiences, including senior leadership, legal counsel, and external partners
• Proficient analytical, critical thinking, and strategic problem‑solving abilities, with a capacity to foresee challenges and develop proactive, innovative solutions
• Unwavering attention to detail and an absolute commitment to ensuring the highest levels of accuracy, compliance, and ethical conduct