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Transaction Management Analyst - Correspondent Lending
full-timeWestlake Village$55k - $85k

Summary

Location

Westlake Village

Salary

$55k - $85k

Type

full-time

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About this role

PENNYMAC

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.


A Typical Day

The Transaction Management Analyst - Correspondent Lending performs day-to-day, loan-level and commitment-level transactions, demonstrating knowledge of systems, process, departments, policies and procedures, to ensure commitments are settled accurately and timely with respect to all commitment parameters. As the Analyst, you will execute all best effort transactions (e.g. lock, extension, update, re-lock, renegotiation, cancellation, price inquiries, price updates, pre- and post-purchase price adjustments).

 

The Transaction Management Analyst will:

 

  • Execute all mandatory (bulk, flow, assignment of trade and direct trade) loan-level transactions (e.g. registration, allocation, kick and substitution) and commitment-level transactions (e.g. update, extension, substitution, over-tolerance, pair-off, swap, trade acceptance)
  • Complete daily reporting routine to validate integrity of commitment pricing and parameters
  • Serve as front-line contact for questions related to the correspondent portal, with respect to all pricing mechanics and pricing related setup
  • Liaise with clients and business partners (including: credit, capital markets, sales, post purchase, accounting and fulfillment) to ensure accuracy of pricing
  • Identify system and process gaps to be reviewed by the pricing manager
  • 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

  • Bachelor’s degree or equivalent work experience
  • 1+ years of relevant work experience
  • Intermediate user of Microsoft Excel
  • SQL knowledge preferred

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

 

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

$55,000 - $85,000
Work Model

OFFICE

Other facts

Tech stack
Transaction Management,Loan-Level Transactions,Commitment-Level Transactions,Microsoft Excel,SQL,Reporting,Pricing Mechanics,Client Liaison,Process Improvement,Communication,Analytical Skills,Attention to Detail

About Pennymac

PennyMac Loan Services, LLC (NMLS #35953) is a top national mortgage lender with over 4 million lifetime customers. Whether you are new to the home loan process or an experienced buyer, Pennymac is dedicated to offering competitive rates and superior service.

Being an online mortgage lender means Pennymac can focus on the needs of its customers rather than maintaining a network of branches and banking products.

Our mission is to build a foundation of homeownership by enabling our customers to achieve and sustain their aspirations of home.

Pennymac Publication Rules
We A.R.E. Pennymac: Accountable, Reliable, Ethical. Pennymac does not pay or otherwise provide compensation for reviews/comments. All reviews/comments are subject to the disclaimer provided prior to posting and become the property of Pennymac once submitted. We reserve the right to validate, remove or republish your reviews/comments at any time.

Equal Housing Opportunity, PennyMac Loan Services, LLC, 3043 Townsgate Road, Suite 200, Westlake Village, CA 91361, 818-224-7442. NMLS ID # 35953 (www.nmlsconsumeraccess.org). For a complete listing of state licenses and important notices, please visit www.pennymac.com/state-licenses. Not all property types qualify. Some loan products may not be available in all states. Information, property type eligibility, rates and pricing are subject to change without prior notice at the sole discretion of PennyMac Loan Services, LLC. Ask your loan officer for details. © 2025 Private National Mortgage Acceptance Company, LLC, Pennymac and all related marks are trademarks of Private National Mortgage Acceptance Company, LLC and/or its subsidiaries or affiliates. Third-party content is the property of its respective owners. All rights reserved. (01-2025)

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 2008

What you'll do

  • The Transaction Management Analyst performs day-to-day loan-level and commitment-level transactions, ensuring commitments are settled accurately and timely. The Analyst executes various transactions and serves as a front-line contact for questions related to the correspondent portal.

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Frequently Asked Questions

What does Pennymac pay for a Transaction Management Analyst - Correspondent Lending?

Pennymac offers a competitive compensation package for the Transaction Management Analyst - Correspondent Lending role. The salary range is USD 55k - 85k per year. Apply through Clera to learn more about the full compensation details.

What does a Transaction Management Analyst - Correspondent Lending do at Pennymac?

As a Transaction Management Analyst - Correspondent Lending at Pennymac, you will: the Transaction Management Analyst performs day-to-day loan-level and commitment-level transactions, ensuring commitments are settled accurately and timely. The Analyst executes various transactions and serves as a front-line contact for questions related to the correspondent portal..

Why join Pennymac as a Transaction Management Analyst - Correspondent Lending?

Pennymac is a leading Financial Services company. The Transaction Management Analyst - Correspondent Lending role offers competitive compensation.

Is the Transaction Management Analyst - Correspondent Lending position at Pennymac remote?

The Transaction Management Analyst - Correspondent Lending position at Pennymac is based in Westlake Village, California, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Transaction Management Analyst - Correspondent Lending position at Pennymac?

You can apply for the Transaction Management Analyst - Correspondent Lending position at Pennymac directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Pennymac on their website.