Derivative Operations Manager

7 days ago


Newport Beach, California, United States Pacific Life Full time
About the Role

Pacific Life is seeking a highly skilled Derivative Operations Manager to join our Investment Operations Team in Newport Beach, CA. This role can be on-site or hybrid, with the possibility of fully remote work for the right candidate.

Key Responsibilities
  • Oversee operational activities for derivatives in various systems, including derivative system and accounting system.
  • Lead and develop a team of analysts to provide operational support for trading and portfolio management.
  • Develop and maintain a detailed understanding of Pacific Life Investments capabilities and structures.
  • Create and maintain controls along with books and records in compliance with regulatory requirements.
  • Provide front office support for trading and portfolio management.
  • Develop and cultivate relationships with key stakeholders.
  • Serve as escalation point for operational queries.
  • Engage with business vendors, exchanges, and execution venues to enhance capabilities and efficiencies.
  • Provide input regarding the future direction and long-term strategy to support derivative activities.
  • Coordinate and validate software functionality, including recommendations for improvement.
  • Identify, prioritize, and drive system and process enhancements impacting Pacific Life systems and workflows.
  • Represent Investment Operations on internal working groups and cross-functional initiatives to deliver key business objectives.
  • Continuously emphasize process improvement, making recommendations that enhance the value, efficiencies, and automation of Global Investments Operations.
  • Lead the advancement of operational reports, KRIs, KPIs, and processes.
  • Ensure all processes and applications are sound, minimizing errors and workload.
Requirements
  • Bachelor's Degree in Finance, Economics, or Accounting, or equivalent work experience.
  • 5-7+ years of relevant experience in a financial services organization, especially insurance.
  • 5+ years' experience leading and managing teams of investment ops analysts, creating/maintaining a culture and a problem-solving mindset to provide operational solutions for new strategies.
  • Experience with Calypso, PAM, Markit, TriOptima, SAP Business Objects, AcadiaSoft, and Bloomberg Products preferred.
  • Experience with PowerBI, PowerQuery, and Python could also be a differentiator.
  • Experience establishing and managing a tight control environment.
  • Strong collaborative approach with experience coordinating between functional areas of the organization, especially trading, portfolio management, legal, accounting, and treasury.
  • Thorough understanding and strong knowledge of listed futures, cleared OTC, and bilateral OTC products, along with operational workflows and processes.
What We Offer
  • Prioritization of your health and well-being, including medical, dental, vision, and wellbeing reimbursement account.
  • Generous paid time off options, including paid time off, holiday schedules, and financial planning time off.
  • Paid parental leave and an adoption assistance program.
  • Competitive 401(k) savings plan with company match and an additional contribution regardless of participation.


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