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. A Typical Day Perform comprehensive loan file reviews once all expected proceeds and settlements have been received. Utilizing in-depth knowledge of all required investor, insurer, and internal guidelines, ensuring all were met in a timely manner, and that the claim payment made by the investor and insurer was appropriate based on what Pennymac was entitled to receive. Critical analysis of historical records and logs not only within Pennymac but also researching and deciphering previous servicer records which are in unfamiliar formats. Analyzing activity to isolate cash credits from others and determine appropriate disposition. Oversee the reimbursement or supplemental recovery process to and from the investor, insurer, or other third parties. Conduct complete accounting and reconciliation of losses including attribution to loss cause/reason and LOB where applicable. Ensure that Pennymac's recovery was maximized through an extensive file review, supplemental claims, or third party recovery (transactional reps and warrants), where applicable. This position will consult with various business units to identify risk and loss exposure and develop procedural recommendations and process remediation. Work with other LOBs such as Claims, Pre-Sale, Mods, etc. to ensure correct interpretation and application of insurer/investor and internal guidelines. The Loan Reconciliation Analyst II will: Review completed loan files to validate that all required investor, insurer, and/or Pennymac guidelines were met in a timely manner Reconcile financial transactions to ensure maximum recovery Conduct a complete accounting of loan losses including attribution to loss cause/reason and LOB if applicable Identify and process supplemental claims with the insured or vendors, when warranted Identify and process reimbursements when it has been determined that PNMAC received excess funds Consult with various business units to identify risk or exposure to losses and develop procedural recommendations 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 Highly motivated individual with strong time management skills Must be a team player with strong attention to detail and ability to work independently Proven track record at delivering timely and accurate information in a fast-paced environment Excellent critical thinking, problem solving, mathematical skills, and sound judgment Strong business acumen and ability to interface effectively with executive management Must be experienced in Microsoft Office Suite and highly proficient in Excel Default Servicing experience a plus, but not required 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 We value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities. 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 $45,000 - $66,000 Work Model OFFICE