Pennymac (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.

We are looking for a forward-thinking Senior Vice President (SVP) of Application Development to lead and scale our engineering organization in the next phase of our company’s growth. As a key member of the leadership team, you will be responsible for defining and executing a cohesive technology strategy across all product lines within our mortgage-focused fintech platform. You’ll bring deep engineering expertise in Python, TypeScript, and AWS, while also championing adoption of AI-enhanced engineering workflows using AI tools. This role requires not only technical and architectural vision, but also hands-on leadership, a strong grasp of the mortgage and lending ecosystem, and an ability to bridge business strategy with engineering execution.

Key Responsibilities:

• Define and own the enterprise-wide technology roadmap in alignment with business priorities and regulatory obligations in the mortgage space.
• Drive modernization, scalability, and automation through cloud-native architecture on AWS.
• Promote a culture of innovation, velocity, and excellence in software delivery.
• Lead full-stack engineering teams working across Python, TypeScript, and cloud services.
• Ensure delivery of scalable, secure, and high-performance systems for origination, underwriting, eClosing, and loan delivery pipelines.
• Oversee architecture reviews, design decisions, and implementation of mission-critical services.
• Drive adoption of AI copilots and automation to streamline development, code review, test writing, and documentation.
• Integrate and govern the use of AI developer tools like Cursor, Devin, and Gitlab Copilot.
• Build LLM-based pipelines for auto-documentation, PR reviews, dependency upgrades, and security scans.
• Champion the use of AI for quality assurance, regression testing, and automated remediation.
• Lead cloud architecture across AWS, including Lambda, ECS/EKS, API Gateway, S3, RDS, DynamoDB, Step Functions, and SQS.
• Establish best-in-class DevSecOps practices including CI/CD pipelines, infrastructure-as-code (Terraform/CDK), observability (New Relic), and proactive alerting.
• Oversee infrastructure resilience, disaster recovery, and multi-region high availability.
• Lead engineering support for integrations with Encompass, ICE Mortgage Tech, MERS, UCD, Freddie Mac, Fannie Mae, MISMO, and Servicing systems.
• Ensure that systems comply with regulatory and security frameworks including SOC2, ISO27001, CFPB, RESPA, and other lending-specific mandates.
• Drive innovation in digital loan origination, pricing engines, eNote/eClose technologies, and credit decisioning.
• Partner with Product, Risk, Legal, and Data teams to define technical feasibility and shape go-to-market timelines.
• Translate complex business and compliance requirements into modular, API-first engineering solutions.
• Attract, retain, and grow top-tier engineering talent with a strong focus on diversity, mentorship, and continuous learning.
• Scale distributed teams across locations and time zones while maintaining alignment and culture.
• Implement structured career ladders, performance reviews, and skills development programs.

Required Qualifications:

• Master's degree in Computer Science, Engineering, or related discipline.
• 12+ years of progressive experience in software engineering, including 5+ years in a senior technology leadership role.

Expertise In:

• js, Python, and TypeScript
• Modern frontend frameworks (e.g., React, Next.js)
• AWS cloud architecture (Lambda, API Gateway, DynamoDB, RDS, etc.)
• AI-enhanced development environments (e.g., Cursor, Devin, GitHub Copilot, Replit)
• Strong understanding of microservices, event-driven architecture, REST/GraphQL APIs, and data privacy controls.
• Deep understanding of U.S. mortgage processes: borrower onboarding, loan origination, underwriting, pricing, secondary market delivery.
• Experience integrating with third-party lending systems such as Encompass, Blend, ICE, MERS, or proprietary loan origination software.
• Familiarity with eMortgage stack, MISMO standards, and secondary market data formats.
• Proven success in building, leading, and scaling engineering teams at a high-growth technology company.
• Strong business acumen with ability to balance long-term innovation with near-term deliverables.
• Experience managing engineering budgets, vendor relationships, and capital allocation.
• Prior experience working with AI product development or developer platform teams.
• AWS Solutions Architect or Mortgage Banking certifications (e.g., Certified Mortgage) highly preferred.

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.