Investment Valuation and Quantitative Modeling Director

Pacific Life • Newport Beach, CA

1d

About The Position

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’re actively seeking a talented Investment Valuation and Quantitative Modeling Director to join our Investment Risk Team in Newport Beach, CA. As an Investment Valuation and Quantitative Modeling Director you’ll move Pacific Life, and your career, forward by advancing the organization’s ability to develop, validate, and quantify cashflow models for complex and illiquid asset classes and publicly traded investments to support the quarterly asset valuation process. You will fill a new role that sits in a team of 12 people within the Corporate division. Your colleagues will include fellow quants with significant investment experience as well as investment professionals and accounting leaders.

Requirements

• First-hand, in-depth knowledge of investment valuation methodologies and quantitative decision-making to work with investment professionals and related stakeholders.
• 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.
• 5-10+ years of direct experience modeling complex and illiquid assets.
• Demonstrated ability to clearly articulate complex quantitative concepts, modeling assumptions, and valuation results to diverse stakeholders including investment professionals, accounting leaders, and external auditors.
• Experience modeling and valuing corporate credit, residential and commercial loans, private and public ABS, CMBS, RMBS, CFOs, CLOs, and derivatives including swaps, options, futures, forwards, and other hedging instruments.
• MFE or PhD degree in a quantitative area such as Finance, Math, Engineering, or a related field.
• Demonstrated experience in coding languages such as MATLAB, SAS, R, Python, etc., including automation of production processes.
• Demonstrated experience with investment analytical systems such as Bloomberg, Intex, RiskSpan, FactSet, Aladdin, CoStar, Trepp, Moody’s, S&P, etc.

Nice To Haves

• Demonstrated experience with private ABS, inclusive of securities backed by esoteric collateral.
• Strong professional judgment and comfort making defensible valuation decisions in the presence of limited data, model uncertainty, and evolving market conditions.
• Experience with Asset Liability Management (ALM), regulatory capital, and statutory accounting.
• CFA/FRM designation.

Responsibilities

• Develop analytics and insights that can support the execution of Pacific Life Risk Management’s oversight of investment valuation across the investment portfolio.
• Own and enhance production processes (including code development) supporting quarterly valuation activities, cash flow generation, and market risk analytics for all assets.
• Provide insights, guidance, and expert judgment to stakeholders on investment modeling and valuation.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: Ph.D. or professional degree