VP Investor Accounting

About the Role

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform focused on the production and servicing of U.S. mortgage loans and the management of related investments. The Vice President of Investor Accounting is responsible for accounting, reporting, reconciling, and remitting for the company’s investors, ensuring a controlled environment and delivering superior investor ratings and high audit scores.

Responsibilities

• Lead the Bank Reconciliation team in managing the complexities of a rapidly growing subservicing portfolio.
• Act as the primary executive lead for offshore relationships, ensuring service providers meet rigorous SLAs and scale effectively with company growth.
• Oversee the maintenance of a robust controlled environment, ensuring all reconciliations and reporting meet the highest standards for government agencies and internal/external auditors.
• Partner with Treasury, Investor Reporting, and Loan Servicing executives to resolve complex financial movements and optimize aging item resolution.
• Review high-level portfolio health, quantifying over/shortage positions and ensuring proactive cash control management.
• Perform other related duties as required and assigned.
• Demonstrate behaviors aligned with the organization’s desired culture and values.

Requirements

• Bachelor’s degree or equivalent work experience.
• 7+ years of relevant work experience.
• Hands-on experience with most major areas of residential mortgage servicing, including bank reconciliations and loan research.
• Strong analytical skills as well as excellent oral and written communication skills.
• Highly proficient in Excel and Word.

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.

For residents with state-required benefit information, additional details can be found at Pennymac’s benefits page.

Pay

Salary range: $95,000 - $155,000. Individual salary may vary based on role, geographic location, market data, skills, and experience. Some roles may be eligible for performance-based compensation and/or stock-based incentives.

Schedule

This role follows an office-based work model.