PENNYMAC · 1 week ago
Technical Product Owner
Pennymac is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans. The Technical Product Owner will manage the product backlog and collaborate with Agile teams to ensure the delivery of maximum value to end-users and developers.
BankingFinanceFinancial ServicesLendingMortgage
Responsibilities
Own and prioritize the team's product backlog (UI features, API enhancements, infrastructure work, technical debt) balancing feature velocity, platform stability, scalability, and security
Translate strategic initiatives into actionable user stories with testable acceptance criteria for UI and backend tasks
Serve as sole authority for defining "done" criteria and accepting completed work
Lead Agile ceremonies including backlog refinement and sprint planning, articulating the "why" behind priorities
Collaborate with technical leads to manage API and service lifecycles including versioning, deprecation, and consumer communication
Champion user experience for both end-users and developer consumers
Partner with Product Managers to align team execution with broader product strategy
Coordinate with UX designers and API consumers to manage dependencies and expectations
Identify and mitigate impediments threatening sprint or release commitments
Maintain a pipeline of refined, ready stories at least two sprints ahead
Research industry patterns and emerging technologies relevant to the team's domain
Stay current with Agile best practices and API design standards
Demonstrate behaviors aligned with Pennymac's culture of excellence and collaboration
Qualification
Required
5+ years as a Product Owner in Agile/Scrum environments with proven success managing backlogs and shipping products
Strong technical foundation in software architecture, backend services, microservices, and RESTful API design
Prior hands-on engineering experience (minimum 1-2 years) enabling credible technical discussions with senior engineers
Proven experience managing dual-focus products serving both end-users and developer-consumers
Expertise writing user stories that capture functional and non-functional requirements (performance, scalability, reliability)
Demonstrated ability making complex prioritization decisions and articulating rationale to stakeholders
Ability to translate between technical and business domains with engineers, designers, and executives
Working knowledge of SQL, data modeling, and data-driven decision making
Experience in system design discussions including data models, service boundaries, and integration patterns
Certified Scrum Product Owner (CSPO) or Professional Scrum Product Owner (PSPO)
Experience in FinTech, mortgage lending, banking, or regulated financial services
Familiarity with OpenAPI/Swagger and API documentation standards
Experience with cloud-native architectures (AWS, Azure, GCP)
Understanding of mortgage industry systems and regulatory requirements
Background with platform teams building services for internal developer consumption
Experience with observability tools, SLA/SLO definition, and service reliability
Knowledge of security and compliance in financial services
Exposure to event-driven architectures or message queuing systems
Passion for developer experience and building products developers love
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
MarketScreener
2025-12-20
2025-12-16
2025-11-06
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