Pennymac Corporate University Rotational Program

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.

Pennymac is a dynamic specialty financial services firm committed to fostering the next generation of leaders. Recent college graduates can ignite their careers by joining an organization that actively invests in top talent, accelerates leadership development, and leverages cutting-edge AI and technology to best serve our customers.

Analysts in the Pennymac Corporate University (PCU) Rotational Program embark on a 12-month development experience designed to immerse them in various business functions across the enterprise before transitioning into a full-time, high-impact role. Candidates have the opportunity to specialize in one of three tracks: Capital Markets & Financial Analytics, Operational Analytics & Business Intelligence, or Strategic Initiatives & Enterprise Operations.

The PCU Rotational Program begins with an intensive 3-week cohort onboarding focused on executive engagement, industry and market insights, and technical skill-building. Participants then complete two 6-month departmental rotations, blending classroom knowledge with real-world execution. Upon successful completion of the 12-month program, analysts are placed into full-time roles aligned with their track, skills, and business needs.

Program Locations:

• Southern California: Westlake Village, Simi Valley (Greater Los Angeles Area)
• Texas: Fort Worth, Carrollton (Dallas-Fort Worth Metroplex)
• Florida Relocation Path:  ​​We are also hiring for a path starting in California, followed by a permanent move to Tampa, Florida. 

The Financial Analyst I, Pennymac Corporate University will:

• Participate in a structured rotational program including departments in a variety of areas, such as Finance, Capital Markets, Treasury, Mortgage Fulfillment, Enterprise Risk Management, Marketing, Sales, Human Resources and more.
• Analyze complex, unstructured financial and operational datasets to generate actionable business insights, risk models, and executive recommendations.
• Leverage modern AI tools (e.g., Cursor AI, Amazon Quick, Gemini) and Python/SQL scripts to automate legacy workflows, build dynamic dashboards, and optimize reporting pipelines.
• Lead and support high-impact cross-functional initiatives, managing timelines, risk frameworks, and deliverables to support enterprise transformation.
• Conduct quantitative and qualitative research on industry trends, rate sensitivities, and regulatory shifts impacting mortgage and capital markets.
• Prepare and present structured findings, financial models, and strategic dashboards to leadership.
• Identify operational bottlenecks, map end-to-end workflows, and implement scalable, tech-enabled solutions across host departments.
• Display an eagerness to learn, collaborate, and contribute across two 6-month departmental assignments while maintaining alignment with Pennymac’s core values.
• Demonstrate behaviors which are aligned with the organization’s desired culture and values.
• Perform other related duties as required and assigned.

• Must graduate with a Bachelor's degree in Finance, Economics, Business Analytics, Applied Mathematics, Statistics, Data Science, Industrial Engineering, Business Administration, or a related quantitative/business discipline.
• Must graduate prior to the program start date (July 12, 2027) or have graduated within 18 months of the program start date.
• GPA: 3.3+ for operational/strategic tracks; 3.5+ for quantitative/capital markets tracks is preferred.
• Hands-on experience or strong familiarity with modern AI tools (Cursor AI, Amazon Quick, Gemini, etc.)
• Hands-on experience or strong familiarity with modern data & analytics tools: SQL, Python, Excel (Advanced Modeling/Automation), Tableau, Power BI, or Snowflake.
• Ability to apply structured, data-driven logic to solve ambiguous, complex business problems.
• Outstanding written and verbal communication skills, with the ability to translate complex technical/financial concepts for cross-functional stakeholders.
• Highly adaptable, self-motivated, and eager to learn new domain areas and software platforms under tight deadlines.

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
• We value the hard work and dedication of our employees. In addition to a competitive salary, positions may offer bonus opportunities.

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.