First Vice President, Product Management

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

The FVP, Product Manager is adept at translating complex business needs into detailed technical requirements, understanding system architecture, data flows, and integration points, and acting as the critical bridge between business stakeholders and engineering teams. This role is responsible for defining what we build and why, ensuring our technical products are robust, scalable, secure, and effectively enable our business objectives and customer experiences. The FVP, Product Manager will guide, mentor, and empower your team of Product Owners to achieve their product goals.

The FVP, Product Manager will :

• Lead, manage, coach, and mentor a team of Product Owners. Foster their professional growth, set clear performance expectations, and cultivate a collaborative, high-performing product culture within your group
• Define, articulate, and champion a clear, overarching vision and strategy for your collective technical product domain, ensuring alignment with company goals. Guide your Product Owners in developing individual product strategies and roadmaps that contribute to this larger vision
• Oversee the development and aggregation of roadmaps across your teams. Drive strategic prioritization at a group level, managing dependencies and making complex trade-off decisions that impact multiple product areas
• Provide expert technical guidance to your POs and act as an escalation point for complex technical product decisions. Ensure deep understanding of underlying systems, data, and architecture informs requirements
• Represent your teams' work and strategy, translating complex technical concepts effectively. Ensure seamless collaboration between your POs, their engineering teams, and other dependent groups
• Oversee the end-to-end product lifecycle across your teams' products, ensuring best practices are followed from ideation through launch and iteration, with a focus on technical execution, quality, and consistency
• Engage with and influence senior leadership and key stakeholders across the organization. Effectively communicate the collective vision, progress, risks, and strategic direction of your product portfolio

What You'll Bring

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 :

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 :

Some roles may be eligible for performance-based compensation and / or stock-based incentives awarded to employees based on company and individual performance.

Salary

140,000 - $175,000

Work Model

OFFICE