Junior Portfolio Manager

Pacific Life; Newport Beach (CA); On-site; USD 152,000 - 186,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Paid time off

Parental leave

401k with company match

Job summary

Pacific Life in Newport Beach, CA, is seeking a Junior Portfolio Manager to join the Investment Grade Fixed Income team. You will support portfolio construction, risk monitoring, and idea generation alongside Portfolio Managers, Traders, and Credit Analysts.

The role requires strong fixed income knowledge, analytical ability, and clear communication, with a path toward increasing responsibility within a collaborative team environment.

Qualifications

• Five years of experience in portfolio management, trading, or related analytical roles.
• Bachelor's degree in Finance, Economics, or related field; CFA is a plus.

Responsibilities

• Assist Portfolio Managers in portfolio construction, positioning, and risk management.
• Evaluate issuer, sector and market developments and communicate actionable insights.
• Support senior managers by assessing issuer-specific risks and opportunities.
• Monitor trade execution and assess impact on targets and portfolio positioning.
• Collaborate with analytics and operations to ensure data accuracy for portfolio management.

Skills

Portfolio management

Trading

Risk management

Fixed income

Market analysis

Communication skills

Organization

Education

Bachelor's degree in Finance

CFA preferred

Tools

Excel

Job description

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 Junior Portfolio Manager to join our Investment Grade Fixed Income team in Newport Beach, CA.

As a Junior Portfolio Manager, you'll move Pacific Life, and your career, forward by playing a key role in supporting portfolio construction, risk monitoring, and investment idea generation within our Investment Grade Portfolio Management Team. Working closely with Portfolio Managers, Traders, and Credit Analysts, you'll contribute to investment decisions through relative value analysis and the synthesis of fundamental credit views into portfolio positioning and security selection.

How you'll help move us forward

• Assist Portfolio Managers in portfolio construction, positioning, and risk management by analyzing and monitoring portfolio exposures, evaluating relative value opportunities and recommending trade or optimization ideas.
• Evaluate issuer, sector and market developments across investment grade credit markets and communicate actionable insights to support investment decisions and portfolio strategy.
• Support Senior Portfolio Managers in evaluating issuer-specific risks and opportunities by collaborating with Credit Analysts and contributing to the synthesis of fundamental credit views into actionable portfolio positioning.
• Support Senior Portfolio Managers and Traders in implementing investment decisions by monitoring trade execution, evaluating the impact of transactions on investment targets, portfolio positioning, and credit exposures, and maintaining key portfolio metrics to assess trading activity and portfolio outcomes.
• Partner with the Quantitative and Data Science Analyst, Investment Accounting and Operations to ensure investment data, portfolio analytics, and portfolio management tools are accurate, reliable and aligned with the needs of the Portfolio Management team.
• Present and communicate ideas, portfolio insights, and market observations to Portfolio Managers, Traders, and Credit Analysts to support portfolio strategy and investment decision making.

The experience you bring

• Minimum of 5 years of experience portfolio management, trading, risk management, or a related analytical role within capital markets.
• Strong understanding of fixed income markets, portfolio construction principles, mathematical and statistical principals, and risk management concepts.
• Experience supporting portfolio management activities through market analysis, portfolio monitoring, risk assessment, and investment implementation.
• Excellent communication skills, with the ability to clearly present investment views, portfolio insights and market developments across the organization.
• Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
• Bachelor's degree in Finance, Mathematics, Economics, or a related field; advanced degree or CFA designation or progress toward the CFA is preferred.

What makes you stand out

• Direct experience within the investment grade credit market

#LI-AJ1

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.

$152,010.00 - $185,790.00

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

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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.