Director, Mortgage Projects

Alexandria , Virginia
Mar 06, 2017
May 06, 2017
Executive, Director
Full Time

PenFed is hiring an Director, Mortgage Projects in Alexandria, VA or Omaha, NE. The primary purpose of this job is to lead the Mortgage Projects unit in the Mortgage Division.    This includes working across the Division to establish priorities and working across the Company to ensure initiatives are accomplished  timely, within budget and achieve the desired benefits.   Developing and maintaining strong relationship across the business, IT, Compliance, Legal and our vendors are critical to the success of the group. The position will manage a team of project managers, business analysts and testers.


Essential Functions

    Develop and maintain an initiative prioritization process to ensure it aligns with Division goals. Develop and execute a communication plan across  the Division and with key internal and external partners. Develop and implement  appropriate project management desciplines including Project Management Professional routines and Agile methodologies. Leverage industry best practices. Develop and lead change management routines across the Division and Credit Union when appropriate. Support individual project leadership through issue resolution and removal of roadblocks. Analyze emerging risks and opportunities that may impact PenFed and present strategies to the Mortgage Division executive team Establish a vendor oversight program for the Mortgage Division including performance measurements; developing strategies and programs to ensure a high level of vendor efficiency,  reports results, and identifies opportunities for improved performance


Education and Experience

Equivalent combination of education and experience is considered.

    Bachelor’s Degree in business or related field required. Master’s Degree in Business Administration is preferred Minimum of eight (8) years’ of experience in project management is required. Minimum of five years of mortgage experience required with seven (7) to ten (10) years preferred. Minimum of five (5) years of leadership experience with seven (7) to ten (10) years preferred Experience leading Agile Projects Experience leading large Loan Origination System (LOS) or equivalent  implementations
Supervisory Responsibility

    This position will directly supervise a team of 6 – 10 project managers, analysts and testers.
Licenses and Certifications

    Project Management Professional (PMP) certification is required Six Sigma Black Belt is preferred.
Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.


Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is required to meet the following physical demands:

Physical Demand






























Bending, Stretching or Reaching










Talking on the phone, person-to-person & in group





Hearing on the phone, person-to-person & in group





Vision for near, mid-range, far, peripheral, depth and color





Use of computer





Use of telephone





Use of office equipment





Pushing/pulling/lifting/ carrying from 5 to 50 lbs.







Ability to travel to various worksites and be on-call is required.


About Us

Founded in 1935, and still growing, we began as the War Department Federal Credit Union.  Today, PenFed is one of the country’s strongest and most stable financial institutions with over 1.5 million members and over $21 billion in assets.  We serve members in all 50 states and the District of Columbia, as well as on military bases in Guam, Puerto Rico and Okinawa. 

Our mission isn’t simply to help our members get by. We exist to help them realize every ounce of their potential. We exist to educate, and to encourage. We exist to usher their dreams into the land of reality.

We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.


Equal Employment Opportunity

PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.  PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.