PennyMac is a specialty financial services firm with a comprehensive mortgage platform and integrated business primarily focused on the production and servicing of U.S. residential mortgage loans and the management of investments related to the U.S. mortgage market
Internal Audit is an independent and objective examination, evaluation and reporting function that is guided by a philosophy of adding value to improve the operations of PennyMac. Internal Audit’s objective is to bring a systematic and disciplined approach to evaluate and improve the effectiveness of the organization’s governance, risk management, and internal control environment.
Internal Audit reports to the Audit Committees of the Entity Boards and is managed on a day-to-day basis by the Head of Internal Audit who reports administratively to the EVP, Governance & Risk.
The Senior Staff Auditor oversees and administers the audit of internal controls for designated business units in accordance with defined policy, procedure and discipline to promote compliance with financial reporting, GSE and regulatory requirements.