Sr. Derivatives Analyst

2 months ago


California, United States Pacific Asset Management Full time

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Sr. Derivatives Analyst to join our Derivative Operations Team in Newport Beach, CA. This role is onsite with a hybrid work mode.

As a Sr Derivatives Analyst, you’ll play a key role in Pacific Life’s growth and long-term success by p roviding full operational day to day coverage to Traders and Portfolio Managers trading financial Derivatives on behalf of the firm and its entities.

You will fill an existing role that sits on a team of 4 people in the Corporate division.

How you will make an impact: Review and validate the daily collateral management process with counterparties, Accounting, Treasury, and portfolio managers to ensure all collateral activity is settled accurately and timely. Interact with colleagues, custodian banks, external parties, internal departments (Accounting, Audit, Treasury, Compliance, Law and Enterprise Risk Management) and other areas where necessary to ensure timely settlement of all cash flows associated with traded instruments. Have full knowledge and understanding of all common OTC traded and Exchange traded derivatives including execution, clearing and associated settlement. Review and resolve all valuation discrepancies within the stated deadlines. Develop full working knowledge of rules and regulations surrounding the Dodd/Frank Act requiring us to centrally clear certain types of derivatives. Work in a team environment as well as autonomously to meet strict deadlines and effectively manage multiple priorities with minimal supervision. Use best practices and knowledge of internal or external business issues to improve products or services.

The experience you will bring: 5+ years derivatives experience working in investment operations/middle office role in asset management, derivatives, collateral, or investment banking College degree in finance, accounting, or similar discipline, is preferred. Thorough understanding of Investment Operations, new concepts and regulations and technology being used, including trading workflows and typical systems involved Basic knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory (STAT) relating to securities investments. CFA/CAIA/MBA beneficial, but not required. Detailed knowledge and experience of providing full operational support to trading and Portfolio Management across all Listed and OTC Derivative instruments. With minimal supervision, must be able to work with internal and external counsel and/or senior investment professionals to resolve complex issues. Must be able to demonstrate proficiency in performing all responsibilities by following documented processes and procedures, while exhibiting attention to detail and accuracy while showing initiative to help improve or redesign key processes. Advanced research, problem solving, and resolution skills, including familiarity with legal documents and internal files related to securities owned.

What will make you stand out: Thorough working knowledge of collateral optimization, complex derivatives security types, including Bilateral OTC (IRS, Cross Currency, Equity TRS, CDS, Options, Forwards), Cleared and Exchange-traded products Working knowledge of the following systems:

Bloomberg, Calypso, MarkitWire, ePam, AcadiaSoft, and TriResolve. #Li-JA1 You belong at Pacific Life At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connection groups. The purpose of these employee-led groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at

www.pacificlife.com. Want to learn more about life at Pacific Life? Take an inside look at our company culture:

Instagram.com/lifeatpacificlife. 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. $47.16 - $57.64

Job Description: Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Sr. Derivatives Analyst to join our Derivative Operations Team in Newport Beach, CA. This role is onsite with a hybrid work mode.

As a Sr Derivatives Analyst, you’ll play a key role in Pacific Life’s growth and long-term success by p roviding full operational day to day coverage to Traders and Portfolio Managers trading financial Derivatives on behalf of the firm and its entities.

You will fill an existing role that sits on a team of 4 people in the Corporate division.

How you will make an impact: Review and validate the daily collateral management process with counterparties, Accounting, Treasury, and portfolio managers to ensure all collateral activity is settled accurately and timely.

Interact with colleagues, custodian banks, external parties, internal departments (Accounting, Audit, Treasury, Compliance, Law and Enterprise Risk Management) and other areas where necessary to ensure timely settlement of all cash flows associated with traded instruments.

Have full knowledge and understanding of all common OTC traded and Exchange traded derivatives including execution, clearing and associated settlement.

Review and resolve all valuation discrepancies within the stated deadlines.

Develop full working knowledge of rules and regulations surrounding the Dodd/Frank Act requiring us to centrally clear certain types of derivatives.

Work in a team environment as well as autonomously to meet strict deadlines and effectively manage multiple priorities with minimal supervision.

Use best practices and knowledge of internal or external business issues to improve products or services.

The experience you will bring: 5+ years derivatives experience working in investment operations/middle office role in asset management, derivatives, collateral, or investment banking

College degree in finance, accounting, or similar discipline, is preferred.

Thorough understanding of Investment Operations, new concepts and regulations and technology being used, including trading workflows and typical systems involved

Basic knowledge of Generally Accepted Accounting Principles (GAAP) and Statutory (STAT) relating to securities investments.

CFA/CAIA/MBA beneficial, but not required.

Detailed knowledge and experience of providing full operational support to trading and Portfolio Management across all Listed and OTC Derivative instruments.

With minimal supervision, must be able to work with internal and external counsel and/or senior investment professionals to resolve complex issues.

Must be able to demonstrate proficiency in performing all responsibilities by following documented processes and procedures, while exhibiting attention to detail and accuracy while showing initiative to help improve or redesign key processes.

Advanced research, problem solving, and resolution skills, including familiarity with legal documents and internal files related to securities owned.

What will make you stand out: Thorough working knowledge of collateral optimization, complex derivatives security types, including Bilateral OTC (IRS, Cross Currency, Equity TRS, CDS, Options, Forwards), Cleared and Exchange-traded products

Working knowledge of the following systems:

Bloomberg, Calypso, MarkitWire, ePam, AcadiaSoft, and TriResolve.

#Li-JA1 You belong at Pacific Life At Pacific Life we are committed to a culture of belonging, a space where all employees are empowered to be authentic. One way we cultivate an inclusive culture is through our employee connection groups. The purpose of these employee-led groups is to offer a place to build community, connection, camaraderie, and a sense of belonging. Each group can be active in education, advocacy, recruitment, and community building throughout our organization. Learn more about our employee connection groups at

www.pacificlife.com. Want to learn more about life at Pacific Life? Take an inside look at our company culture:

Instagram.com/lifeatpacificlife. 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. $47.16 - $57.64

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

EEO 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.

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