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.

The Technical Product Owner at Pennymac is embedded within an Agile development team, serving as the definitive authority on backlog prioritization and acceptance criteria. This role maintains technical proficiency across backend services, APIs, and user-facing features to ensure the team consistently delivers maximum value to end-users, developer consumers, and the business.

The Technical Product Owner will:

• Own and prioritize the team's product backlog (UI features, API enhancements, infrastructure work, technical debt) balancing feature velocity, platform stability, scalability, and security
• Translate strategic initiatives into actionable user stories with testable acceptance criteria for UI and backend tasks
• Serve as sole authority for defining "done" criteria and accepting completed work
• Lead Agile ceremonies including backlog refinement and sprint planning, articulating the "why" behind priorities
• Collaborate with technical leads to manage API and service lifecycles including versioning, deprecation, and consumer communication
• Champion user experience for both end-users and developer consumers
• Partner with Product Managers to align team execution with broader product strategy
• Coordinate with UX designers and API consumers to manage dependencies and expectations
• Identify and mitigate impediments threatening sprint or release commitments
• Maintain a pipeline of refined, ready stories at least two sprints ahead
• Research industry patterns and emerging technologies relevant to the team's domain
• Stay current with Agile best practices and API design standards
• Demonstrate behaviors aligned with Pennymac's culture of excellence and collaboration

• 5+ years as a Product Owner in Agile/Scrum environments with proven success managing backlogs and shipping products
• Strong technical foundation in software architecture, backend services, microservices, and RESTful API design
• Prior hands-on engineering experience (minimum 1-2 years) enabling credible technical discussions with senior engineers
• Proven experience managing dual-focus products serving both end-users and developer-consumers
• Expertise writing user stories that capture functional and non-functional requirements (performance, scalability, reliability)
• Demonstrated ability making complex prioritization decisions and articulating rationale to stakeholders
• Ability to translate between technical and business domains with engineers, designers, and executives
• Working knowledge of SQL, data modeling, and data-driven decision making
• Experience in system design discussions including data models, service boundaries, and integration patterns

• Certified Scrum Product Owner (CSPO) or Professional Scrum Product Owner (PSPO)
• Experience in FinTech, mortgage lending, banking, or regulated financial services
• Familiarity with OpenAPI/Swagger and API documentation standards
• Experience with cloud-native architectures (AWS, Azure, GCP)
• Understanding of mortgage industry systems and regulatory requirements
• Background with platform teams building services for internal developer consumption
• Experience with observability tools, SLA/SLO definition, and service reliability
• Knowledge of security and compliance in financial services
• Exposure to event-driven architectures or message queuing systems
• Passion for developer experience and building products developers love

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. 

#TPO