Private Credit Associate Director
Pacific Life, Newport Beach, CA, United States
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 are actively seeking an Associate Director-level private credit investment professional to join our Pacific Life Investments (PLI) Private Assets team in Newport Beach, CA. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.
As a Private Credit Associate Director, you will play a key role in Pacific Life's growth and long-term success by expanding our exposure to investment grade assets in the fund finance sector and other private asset-backed finance investments. The right candidate will have expertise in the origination, underwriting and ongoing management of investments. You will also assist with the evaluation and oversight of third parties with investment mandates on our behalf.
How you'll help move us forward:
- Collaborate to develop and implement strategies for growing the fund finance portfolio.
- Originate new investments by developing and maintaining deal-sourcing relationships across the private equity and private credit fund finance markets.
- Screen and underwrite new investment opportunities, preparing detailed investment recommendations for presentation to the investment committee.
- Monitor the performance of investments until maturity, ensuring compliance with regulatory requirements and coordinating with internal teams.
- Prepare and present analysis on investment performance and strategy to senior leadership.
- Mentor and develop a team of analysts, fostering skills necessary for future leadership roles within PLI Private Assets.
- Stay updated on industry trends and regulatory changes to ensure the fund finance strategy remains competitive and compliant.
- Lead or participate in special projects and initiatives to improve investment processes and systems.
- Travel occasionally for investment due diligence and to attend industry conferences.
The experience you bring:
- 5-7 years of experience in investment management in the insurance or financial services industry.
- Proven track record in sourcing, underwriting, structuring and managing private credit investments.
- Strong understanding of fund finance and related investments in private equity and private credit, including performance and key market participants.
- Existing relationships that will directly result in channels for sourcing deal flow.
- Exceptional analytical, critical thinking, and problem-solving capabilities, as it relates to complex investment structures.
- Experience in credit analysis and risk assessment for investment grade credit.
- Familiarity with financial modelling and valuation techniques.
- Intellectually inquisitive, positive attitude, collaborative and team-oriented.
- Strong oral and written communication and presentation skills to articulate investment strategies and recommendations.
- Bachelor's Degree; Advanced degree and CFA desirable.
You can be who you are.
People come first here. We're committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What's life like at Pacific Life? Visit 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.
$144,630.00 - $176,770.00
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.
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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