Analyst, Investment Operations (m|w|d) Newark

About PGIM Private Capital
At PGIM Private Capital, expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of bright, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield and mezzanine investments. We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.

About PGIM Operations and Innovation Group (PGIM O&I)
PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can! 

Tasks

We are looking for an Investment Operations Analyst to join our PGIM Operations, Management Reporting & Analysis team which is part of PGIM Operations and Innovation’s group (O&I).

The Management Reporting & Analysis Analyst will support three different functions.  The first is Risk and Statutory limits compliance monitoring and reporting. Monitoring is completed utilizing information from multiple sources and various tests are performed to confirm if investment entities/portfolios comply with their respective limits. Some of these exposure tests include permissible investments, asset class exposure, single issuer exposure, country exposure, sector exposure, equity and fund investment exposure, Statutory, and Duration. The results of these compliance tests are analyzed and subsequently distributed to business partners on a daily/weekly/monthly/quarterly basis. Other reporting needs may arise on an ad-hoc basis.

There will be the preparation of daily, weekly, monthly, quarterly, and annual investment compliance reports for the Securities Trade Monitoring group of Prudential.  In addition, the associate will report various TIC (Treasury International Capital) reports which are sent to the Federal Reserve Bank of NY, and filed with the US Treasury, that report cross border transactions are also a reporting requirement for the position.

The Analyst will be responsible for handling monthly and quarterly reporting of Assets Under Management for PGIM and Prudential Financial and will support various businesses such as client management, finance, marketing, and retirement. The Analyst will research and resolve discrepancies in the various reports as well as handle ad-hoc requests.

This position is based in one of our offices in Tampa, FL or Newark, NJ and will follow a hybrid schedule (2 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

Profile / Your qualification / Your personality

What you will bring:

• Bachelor’s degree in accounting, Finance or related field.
• Daily review of limit monitoring dashboards & reports
• Strong quantitative and analytical skills
• Proficiency in the MS Office Suite: Word, Excel, PowerPoint, etc.
• Knowledge of investment accounting and of various investment instruments
• High level of self-motivation and dedication
• Strong attention to detail
• Excellent written, verbal, and interpersonal skills
• Ability to work independently and also as a member of a team.

What will set you apart:

• Strong leadership and organizational skills
• Client focused and results oriented work ethic
• Strong attention to detail with the ability to summarize and communicate complex issues effectively, both orally and in writing
• Prior background / internship experience in investment management or financial services Industry is strongly preferred.

*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role. 

That awaits you

What you can expect

• ·Daily review of limit monitoring dashboards & reports
• Researching limit overages & validating overage causes with business partners
• Processing of limit overages in workflow tool
• Daily, monthly, and quarterly compilation/analysis/distribution of collateral, limit, and Statutory monitoring reports
• Work with Senior Management, Compliance, Securities Trade Monitoring, various Finance and Technology teams, and the Law Department.

At PGIM, we care about our employees, and we are committed to seeing them succeed. We provide our employees with access to professional development and support to help drive their success and ability to innovate.

• Medical, dental, vision, life insurance and PTO (Paid Time Off)
• Retirement plans:
• 401(k) plan with generous company match (up to 4%)
• Company-funded pension plan
• Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.
• Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
• To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $60,000 to $70,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

Application

We look forward to receiving your application.

Our Commitment to Diversity, Equity, and Inclusion:
Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We do not just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services, some of which may not be available in your area.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

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Location

655 Broad Street, NJ-07102 Newark