Senior Quantitative Financial Modeler

Pacific Life•Newport Beach, CA

1d•Onsite

About The Position

Pacific Life is actively seeking a talented Senior Quantitative Financial Modeler to join their Investment Risk Team in Newport Beach, CA. This position requires in-office attendance at least four days/week. The candidate will advance the organization’s ability to develop economic scenarios within a production level system, validate results, to support the valuation of complex assets and liabilities and risk reporting. Applications will span market consistent valuation, real-world, pricing, and regulatory mandates arising under GAAP, STAT, BMA, and Economic frameworks. Additional responsibilities will involve asset modeling in support of investment team, capital projection/optimization, pricing, and risk management. In this capacity, the candidate is expected to develop economic models, production level systems, strong controls and governance and insights that can support the execution of Pacific Life Risk Management’s development, governance, and delivery of scenarios throughout the enterprise. The candidate will work in a matrix environment with other quants, accounting leaders, and investment professionals, driving business outcomes, having leadership attributes, and possessing the aptitude to transform concepts into actionable quant models. Pacific Life is committed to an inclusive workforce and provides a career with purpose, offering support, balance, and resources to make a positive impact.

Requirements

First-hand, in-depth knowledge of economic scenario modeling for valuation and regulatory processes
Experience in process automation
Strong governance reporting
Ability to work and explain results with investment professionals and related stakeholders
Demonstrated ability to design, implement, and maintain production grade quantitative codebases for large-scale stochastic simulation, including performance optimization, testing, version control, and reproducibility suitable for valuation, regulatory use, and audit
Experience with Economic Capital, Asset Liability Management (ALM), and Regulatory capital economic scenario applications
Knowledge and experience in financial modeling applied to asset modeling and investment risk
5-7+ years of direct experience in scenario development and modeling, production coding, and execution
MFE, Masters, or PhD degree in a quantitative area such as Finance, Math, Engineering, or related field
Demonstrated experience coding in languages such as MATLAB, Python, SAS, R, etc., including production process automation
Demonstrated experience with Snowflake databases
Demonstrated experience with investment analytical systems such as Moody’s Analytics, Conning, Bloomberg, CoStar, RiskSpan, FactSet, Aladdin, CoStar, Trepp, etc.

Nice To Haves

Some experience in asset modeling such as commercial real estate, corporate bonds, or alternative equities
CFA/FRM designation

Responsibilities

Advance the organization’s ability to develop economic scenarios within a production level system
Validate results to support the valuation of complex assets and liabilities and risk reporting
Support applications spanning market consistent valuation, real-world, pricing, and regulatory mandates arising under GAAP, STAT, BMA, and Economic frameworks
Perform asset modeling in support of investment team, capital projection/optimization, pricing, and risk management
Develop economic models, production level systems, strong controls and governance and insights that can support the execution of Pacific Life Risk Management’s development, governance, and delivery of scenarios throughout the enterprise
Develop production level code to allow automated production and delivery of scenarios with database integration and scalability
Provide insights and support to stakeholders on scenario development, rationale, and output
Drive business outcomes
Transform concepts into actionable quant models

Benefits

Medical
Dental
Vision
Wellbeing Reimbursement Account
Paid Time Off
Holiday Schedules
Financial Planning Time Off
Paid Parental Leave
Adoption Assistance Program
Competitive 401k savings plan with company match and an additional contribution regardless of participation