Residential Loan Business Director

Residential Whole Loan Business Director page is loaded## Residential Whole Loan Business Director locations:
Newport Beach CA-700time type:
Full time posted on:
Posted Yesterday job requisition :
R15659
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* Job Description:

** We’re actively seeking a talented Residential Whole Loan Business Director to join our Residential Mortgage Loan Investments team in Newport Beach, CA.
As a Residential Whole Loan Business Director, you’ll move Pacific Life, and your career, forward by partnering with Head of Residential Mortgage Loan Investments and be a key contributor to the ongoing growth of our 3rd party residential mandates. You will fill a new role that sits on a team of 3 people in the Investments division.

** How you’ll help move us forward:
*** Take a key advisory role on the management and strategic positioning of residential whole loans on the balance sheet.
* Actively contribute to strategic and tactical asset allocation and risk management, including generating and evaluating new strategies and trade ideas across all residential risk categories.
* Develop a deep understanding of the full Real Estate platform to identify creative and multifaceted solutions to support the growth of the residential whole loan business.
* Incorporate understanding of how residential strategies best complement the needs of each portfolio liability segment.
* Build models and tools for analyzing and optimizing sector allocation, relative value, yield, capital efficiency, and risk across residential real estate mortgage portfolios and strategies.
* Lead efforts in stress testing, loss modeling, and portfolio level analytics to contribute to strategic investment decisions and risk management frameworks.
* Manage the due diligence and monitoring of external investment managers, including evaluating new managers for potential mandates across the residential credit spectrum.
* Partner with dedicated quant and IT teams on analytical tools, data management and asset allocation framework to aid in decision making and portfolio positioning.
* Focus on continuous improvement of investment data management, processes and systems.
* Provide support for weekly, monthly, and quarterly portfolio monitoring processes ensuring compliance with applicable guidelines.
** The experience you bring:
*** 7-10+ years of relevant experience in residential mortgage credit analysis, asset/portfolio management, risk pricing and asset allocation.
* Extensive understanding of financial markets, primarily fixed income and residential loans; insurance asset management.
* Strong knowledge of residential loan markets, loan types, borrower underwriting and performance drivers.
* Hands-on experience with loan-level modeling, including design and calibration of credit risk models.
* Demonstrated investment research, judgment, and track record across multiple relevant asset classes.
* Understanding of asset allocation, risk management, and performance attribution for residential loans and loan-backed bonds.
* Excellent interpersonal, presentation, written, and verbal communications skills with ability to communicate professionally at all levels of the organization, as well as externally with third party asset managers.
* Strong empirical and analytical skills, including familiarity with manager and portfolio analytical evaluation.
* Bachelor’s degree in Finance, Economics, Mathematics, or related field; advanced degree preferred
** What makes you stand out:
*** Direct experience within the residential mortgage market (RMBS, whole loan trading, capital markets, portfolio management)
* Applied experience and knowledge of risk analysis tools, systems and models.
* Knowledge of CECL modeling; stress testing, loss forecasting and RMBS securitization analytics a plus.
** You can be who you are.*
* ** 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…