Senior Quantitative Investment Risk Modeler
Pacific Life Insurance Company
Job Description:Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.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 capabilitiesPacific Life Investment’s strategies by informing the evaluation of risk and return tradeoffs across asset classes, geographies, and legal entitiesDevelop 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 loansExcel 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 managersExpert-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.You can be who you are.We are committed to a culture of 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#LI-TM1Base 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 - $249,040.00Your 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 dependentsGenerous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off Paid Parental Leave as well as an Adoption Assistance ProgramCompetitive 401k savings plan with company match and an additional contribution regardless of participationYou Can Be Who You AreWe 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/lifeatpacificlifeEEO Statement:Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.SummaryLocation: Newport Beach CA-700Type: Full time
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