PennyMac Analyst, Mortgage Trading in Westlake Village, California

Requisition Number



Analyst, Mortgage Trading


Portfolio Investments


Westlake Village



Job Description

The Mortgage Trading Analyst will conduct extensive analysis on various mortgage portfolios & loan level data.

This analyst will also act as a junior supervised trader on the trading desk.

Job Responsibilities:

  • Analyze

collateral data for whole-loan trading and securitization

  • Maintain Mortgage Trading databases (NEC, pairoff, extensions)

  • Mortgage Trading

liaison to other departments (Financial Analysis and Valuation, Portfolio Strategy, Treasury, Servicing & Accounting)

  • Review and analyze performance related metrics based on historical data gathered from portfolio position

  • Ad hoc and project oriented requests related to pricing, reporting and data management

  • Work with correspondents and PCG sales/analytics to optimally bid loan packages for sale

  • Supervised trading ability for smaller size loan packages

  • Assist traders in managing trade positions via dollar rolls and swaps

Preferred Qualifications

Skills & Abilities:

  • Bachelor's Degree in Business Finance or related field.

  • Candidate must be detail-oriented due to the significant and immediate financial impact on valuation/pricing/trading.

  • Moderate knowledge of Microsoft Excel required; advanced skills with Microsoft Excel a plus.

  • Knowledge of SQL a plus.

  • Ability to work independently with minimal supervision.

  • Ability to prioritize work and meet deadlines.

  • Excellent organizational skills.

  • Good communication skills.

  • 0-2+ years of experience in mortgages

Education & Experience:

  • 4 Year college degree (Bachelor) or equivalent work experience

  • Less than 1 year