At a Glance
- Tasks: Develop advanced risk models for complex investments and collaborate with top-tier financial teams.
- Company: Join Pacific Life, a leader in transforming the financial services industry.
- Benefits: Enjoy health benefits, generous paid time off, and a competitive 401k plan.
- Other info: Inclusive culture that supports your growth and well-being from day one.
- Why this job: Make a real impact on investment strategies while advancing your career with purpose.
- Qualifications: 5-7 years in fixed income products and expertise in quantitative finance required.
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:
- 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.
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.
Base Pay Range: $203,760.00 - $249,040.00
Your Benefits Start Day 1:
- 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.
Senior Quantitative Investment Risk Modeler employer: pacificlife
At Pacific Life, we believe in creating a career with purpose, where our employees are empowered to make a meaningful impact on the future. Located in beautiful Newport Beach, CA, we offer a collaborative work culture that prioritises health and well-being, alongside generous benefits such as competitive paid time off and a robust 401k plan. As a Senior Quantitative Investment Risk Modeler, you will have the opportunity to grow professionally while working with a diverse team dedicated to transforming the financial services industry for the better.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Quantitative Investment Risk Modeler
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like pacificlife. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Quantitative Investment Risk Modeler
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to pacificlife.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on pacificlife's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at pacificlife
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with pacificlife.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at pacificlife will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former pacificlife employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
