Derivative Operations Analyst II

Job Description:

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 Derivatives Analyst to join our Derivative Operations Team in Newport Beach, CA.

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

How you'll help move us forward:

• 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.
• Possess basic knowledge and understanding of common OTC and exchange-traded derivatives including execution, clearing, and associated settlement.
• Develop strong understanding of the rules and regulations governing derivative trading.
• Work in a team environment as well as independently to meet deadlines and effectively manage multiple priorities with supervision.
• Use best practices and knowledge of internal or external business issues to improve products or services.

The experience you bring:

• 2+ years in derivatives within investment operations back or middle office role.
• Understanding of investment operations, concepts, new regulations, and technology, including trade workflows and systems involved.
• Experience providing operational support to trading and portfolio management across all Exchange-traded and OTC Derivative instruments.
• Able to demonstrate proficiency in performing all responsibilities by following documented processes and procedures while exhibiting attention to detail and accuracy and showing initiative to help improve key processes.
• Advanced research, problem solving, and resolution skills.
• College degree in finance, accounting, or similar discipline is preferred.

What makes you stand out:

• Knowledge of complex derivatives, including Bilateral OTC (IRS, Cross Currency, Equity TRS, CDS/CDX, Options, Bond Forwards), Cleared and Exchange-traded products
• Experience and ability to leverage the following systems: Bloomberg, Calypso, MarkitWire, ePam, AcadiaSoft,and TriResolve.
• Proven history of process improvements that may involve IT resources to increase scalability and reduce manual errors/risks.

You can be who you are.

People come first here. We're committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

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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.

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.