Product Owner - Enterprise Data bei Pennymac

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.

We're looking for a strategic and collaborative Product Owner to drive the execution and delivery of our unified enterprise data model. In this key role, you will be the central point of contact for all business and stakeholder needs, translating the product vision into an actionable backlog. You'll be instrumental in shaping our data architecture from a business perspective, ensuring it serves as the single source of truth for critical data across the company, encompassing mortgage, servicing, sales, and workflow data. This is a unique opportunity to own the core data foundation for our enterprise data platform.

The Product Owner will:

• Own, maintain, and prioritize the product backlog for the enterprise data model. Translate the product roadmap and stakeholder requirements into clear, actionable user stories with robust acceptance criteria for the data modelers and engineering team. Ensure the backlog is transparent, visible, and understood by all.

• Partner with product leadership to execute the product roadmap. Break down large strategic initiatives into manageable features, plan sprints, and manage dependencies to ensure the timely delivery of value to the business.

• Act as the primary day-to-day liaison between business stakeholders (including mortgage origination, loan servicing, sales, and marketing) and the technical team. Facilitate requirements gathering sessions and ensure a continuous feedback loop.

• Serve as the organization's subject matter expert on the business processes and data requirements for our core domains. Ensure the data model accurately reflects and supports the evolving needs of the business.

• Partnership with Technical Lead: Collaborate closely with the Enterprise Lead Data Modeler to ensure business requirements are technically feasible and are translated into an optimal, scalable data model design.

• Define acceptance criteria and be the sole party responsible for accepting completed user stories. Ensure that all development work meets the business objectives and quality standards before being released.

• Work with data governance teams to incorporate data standards and quality requirements into the product backlog. Champion initiatives that improve data integrity and trust across the enterprise.

• Proven experience in a Product Owner role, managing a backlog for a technical product like a data platform, data warehouse, or enterprise data model.

• Deep understanding of the mortgage industry, including loan origination and servicing lifecycle, is a must.

• Strong understanding of data concepts, including relational databases and data architecture. Basic understanding of Snowflake and familiarity with JSON and SQL is highly beneficial.

• Familiarity with using Generative AI and Large Language Models (LLMs) in day-to-day execution to enhance productivity and problem-solving.

• Expertise in Agile development methodologies (Scrum/Kanban), including backlog grooming, sprint planning, and user story creation. Certified Scrum Product Owner (CSPO) or similar certification is a plus.

• Passionate about data and its potential to drive business value. Excellent communication, collaboration, and negotiation skills. Ability to translate complex business needs into clear technical requirements and influence key decisions.

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.