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PENNYMAC · 1 day ago

Servicing Litigation Specialist II

Carrollton, TX

Full-time

Onsite

Mid, Senior Level

$45K/yr - $66K/yr

5+ years exp

Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Litigation Management Specialist II is responsible for managing complex servicing-related litigation, collaborating with legal counsel, and providing strategic support to mitigate risks associated with high-risk legal matters.

BankingFinanceFinancial ServicesLendingMortgage

Hiring Manager

Cheryll K.

Responsibilities

Independently manage and track a high-volume portfolio of litigated files pertaining to real property law

Analyze and research the legal pleadings, evaluate attorney findings, and utilize servicing system data to proactively assess litigation risk and potential financial exposure for the organization

Collaborate directly with in-house and outside counsel to formulate litigation strategies, draft responses to lawsuits, monitor case progress, and provide strategic research for pre-litigation customer disputes

Serve as the company's designated corporate representative at critical legal proceedings, including mediations, settlement conferences, depositions, and trials, to present and defend the company's position

Efficiently retrieve and provide loan-level documentation and data from servicing systems to outside counsel and business partners to support discovery and defense

Organize, research, and deliver high-level, professional presentations on escalated cases, strategy, and risk to upper management, ensuring leadership is consistently informed

Oversee the accurate processing and timely payment of outside counsel invoices

Assist in the development, writing, and formalization of department policies and procedures to enhance litigation support operations

Provide guidance and training to other specialists on complex litigation procedures and best practices, as needed

Qualification

Mortgage servicing experienceLegal processes knowledgeAnalytical skillsMicrosoft Office SuiteResearch skillsCommunication skillsOrganizational skillsTeamwork

Required

Four-year degree and/or Paralegal Certificate with a minimum of 5 years mortgage servicing experience with understanding of GSE/insurer servicing guidelines

Proven knowledge of: legal processes, civil rules of procedure, and the ability to decipher complex legal pleadings and allegations, particularly in the context of mortgage servicing and real property

Demonstrated proficiency with mortgage servicing platforms and proficiency in the Microsoft Office Suite (Word, Excel, PowerPoint)

Expert Analytical Skills: Exceptional ability to analyze mortgage industry documents, calculate timeframes, and accurately evaluate potential costs and losses

Advanced Communication: Superior professional, organizational, written, and verbal communication skills, with proven ability to present complex material to all levels of management

Autonomy & Organization: Highly advanced organizational skills with a proven capacity to work independently, manage multiple priorities, and meet critical deadlines

Teamwork: Ability to collaborate effectively with both internal legal teams and external partners

Demonstrated research skills