PENNYMAC · 1 day ago
Data Product Owner
Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Product Owner will be responsible for defining the product vision and maximizing business value for analytics and data engineering initiatives, while driving the adoption of BI tools and ensuring platform stability.
BankingFinanceFinancial ServicesLendingMortgage
Responsibilities
Define and articulate the product vision, strategy, and roadmap for our analytics and data engineering initiatives
Translate business needs into clear, actionable requirements and user stories for data engineering and BI development teams
Prioritize the backlog of features and enhancements, ensuring alignment with strategic goals and delivering maximum business value
Collaborate closely with stakeholders across business units, data engineering, and analytics teams to gather requirements, manage expectations, and ensure successful product delivery
Drive the adoption and optimization of BI tools and the Snowflake Analytics Platform, providing guidance and support to users
Monitor and analyze product performance, identifying opportunities for improvement and innovation
Champion data governance and quality initiatives to ensure the integrity and reliability of our data assets
Stay abreast of industry trends and emerging technologies in data and analytics, incorporating best practices into our product strategy
BI Tool Modernization: Own the roadmap for the Sigma Adoption & Migration initiative, ensuring the successful transition of reports from legacy BI formats (Tableau, Excel, SSRS) to achieve Direct Cost Reduction & Productivity
User Efficiency & Self-Service: Drive initiatives for User Empowerment (Self-Service in Sigma) to significantly reduce ad-hoc requests to the Data Engineering team and enable faster business decisions
Cost Governance: Oversee the License & Cost Optimization strategy, establishing and tracking usage KPIs and a defined licensing approach for all BI tools to ensure measurable cost savings
Platform Stability: Enforce the BI Tool Governance (Readiness Checklist) to standardize the onboarding of new reports, thereby preventing errors and ensuring platform stability and scalability
Legacy Decommissioning: Lead the initiative for Legacy System Decommissioning (SQL/on-prem databases) by prioritizing migration to Snowflake to achieve Significant Total Cost of Ownership (TCO) Reduction on hardware and legacy licensing
Cost Control: Direct the focus on Optimization & Performance within Snowflake to control cloud expenditure, actively working to reduce monthly compute and storage costs
Operational Resiliency: Define and prioritize work to achieve high Operational Resiliency, specifically implementing automated resolution for Pennypipe failures to ensure "zero business-critical reporting outages" and protect revenue
Migration Acceleration: Prioritize SQL Server Reduction & Migration Cleanup efforts to accelerate the overall modernization timeline and shorten the path to TCO reduction
Qualification
Required
Proven experience as a Product Owner in Data, BI, or Infrastructure domains
Deep understanding of cloud data warehousing (e.g., Snowflake) and BI tool ecosystems (e.g., Sigma, Tableau)
Strong ability to balance technical modernization efforts with business value and ROI (TCO reduction, cost control, efficiency)
Experience in managing and prioritizing backlogs (JIRA, Kanban, Scrum) for platform teams with competing goals (e.g., migration vs. operational support)
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.
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
Recent News
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2025-11-06
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