PENNYMAC · 1 month ago
Mortgage Operations Manager, Funding
Tampa, FL
Full-time
Onsite
Mid, Senior Level
$65K/yr - $100K/yr
3+ years expPennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Mortgage Operations Manager, Funding is responsible for overseeing the funding team, ensuring compliance with regulations, and enhancing workflow processes to support the mortgage closing operations.
BankingFinanceFinancial ServicesLendingMortgage
Responsibilities
Manage and mentor the funding team, overseeing daily operations
Ensure that team members meet deadlines and maintain accuracy in their work
Provide training and development opportunities for team growth
Supervise the review of closing documents, including the Closing Disclosure (CD), promissory note, and deed of trust
Verify the accuracy and completeness of documents before authorizing fund disbursement
Approve and coordinate the disbursement of loan funds to escrow companies or title agencies
Ensure funds are released according to the established timelines and policies
Ensure adherence to regulatory requirements (TRID, RESPA, etc.) and internal company policies
Monitor funding procedures to identify and mitigate risks
Conduct audits and maintain records of all funded loans for future reference
Collaborate with loan officers, underwriters, processors, title companies, and escrow officers to resolve issues that may arise during the funding process
Act as a point of contact for escalated matters related to loan funding
Identify inefficiencies in the funding process and implement strategies to improve workflow and accuracy
Work with senior management to adjust procedures or introduce new technologies that streamline the process
Track key performance indicators (KPIs) related to loan closing and funding, such as turnaround times and error rates
Provide reports to senior leadership, outlining team performance and areas for improvement
Qualification
Required
Bachelor's degree or equivalent work experience
3+ years of experience in mortgage industry, with at least 2 years in a supervisory or management role
Knowledge and deep understanding of loan closing, funding processes, and relevant regulations (TRID, RESPA, FHA, VA, and conventional loans) required
Familiarity with loan origination systems (LOS), closing software, and banking systems used for fund disbursement
Advance knowledge of Microsoft Office (Excel, Access, Word and PowerPoint)
Work model: Onsite
Preferred
Encompass experience a plus
Benefits
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
Company
PENNYMAC
Pennymac is a home loan lending company that offers financial services.
1001-5000 employees
H1B Sponsorship
PENNYMAC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (48)
2024 (42)
2023 (33)
2022 (44)
2021 (65)
2020 (34)
Funding
Current Stage
Public CompanyTotal Funding
$2.33B2025-12-11Post Ipo Debt· $75M
2025-08-07Post Ipo Debt· $650M
2024-05-20Post Ipo Debt· $850M
Leadership Team
Amar Nadig
Senior Vice President of Enterprise Data
Kevin Ryan
Senior Managing Director and Chief Strategy Officer
Recent News
MarketScreener
2025-12-20
2025-12-16
2025-11-06
Company data provided by crunchbase