Full Job Description
We are actively seeking a talented Senior Quantitative Investment Risk Modeler to join the Risk Management team in Newport Beach, CA. This position reports to the Head of Investment Risk Modeling and partners closely with the investment and risk teams across Pacific Life's organizations.
As a Senior Quantitative Investment Risk Modeler, you will play a key role in advancing the organization's ability to qualify and quantify the risk profiles of complex and illiquid asset classes and publicly traded investments.
How you'll help move us forward:
Develop analytics and insights that can support the execution of:
• Pacific Life Risk Management's oversight of aggregate credit risk across the investment portfolio within risk appetite and supporting stress testing internal capital modeling capabilities
• Pacific Life Investment's strategies by informing the evaluation of risk and return tradeoffs across asset classes, geographies, and legal entities
Develop models for a broad range of asset classes including:
• Public structured products including CLOs, RMBS, CMBS, and ABS
• Private ABS inclusive of securities backed by esoteric collateral
• Residential and commercial mortgage loans
Excel in a matrix environment working with other quants in the risk team, senior investment analysts, and portfolio managers.
Drive business outcomes, have leadership attributes, and have the aptitude to transform concepts into actionable quant models.
The experience you bring:
The ideal candidate will be an accomplished professional with an esteemed market reputation and experience with world-class financial services organizations marked by the diversity and complexity of products and geographies.
• 5-7 years with fixed Income products (required).
• MFE or PhD degree in quantitative areas such as Finance, Math, Engineering, a related field, or equivalent experience. CFA/FRM designation is preferred.
• Must have first-hand, in-depth knowledge of investment risk methodologies and quantitative decision-making working with senior portfolio managers
• Expert-level knowledge and experience in modeling a broad range of investments and applying best practices in quantitative methods and strategies to the investment/risk management process.
• Experience building investment risk models for a broad range of complex and illiquid assets exposed to corporate credit, residential real estate, and commercial real estate risks, both public and/or privates.
• Demonstrated ability in asset modeling and derivative valuations and experience in coding in languages such as MATLAB, SAS, R, Python, etc.
• Demonstrated experience with analytical systems such as Bloomberg, Intex, RiskSpan, FactSet, Aladdin, CoStar, Trepp, Moody's, S&P, etc.
Base Pay Range:
The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$203,760.00 - $249,040.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.
• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
• Paid Parental Leave as well as an Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife