Analyst, FI Operations

Job Classification:
Investment Management - Investment Operations

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!

What you will do

The Distressed Debt and MBS Analyst is responsible for providing middle office operational support to the PGIM Fixed Income business. The Analyst acts as a main point of contact for internal and external business partners. The individual in this role is knowledgeable in operational support requirements of fixed income and equity products, and settlement procedures. Knowledge and experience in the support of complex securities such as private placements, mortgage backed securities, structured products, distressed debt and equity processing also beneficial.

What you can expect
Daily production and technical support of confirmation and settlement operations for complex securities such as private placements, mortgage backed securities, structured products, distressed debt and equity
Possess solid understanding of settlement mechanics including familiarity with primary depositories such as DTCC, Fed, and Euroclear
Support free of payment transactions, cash wires, physical delivery, DTCC transactions such as DWAC and DRS
Facilitating trade flow processes and ensuring trades are matched on the industry confirmation platform, confirmed in the trade system, and settled in the market
Serving as primary liaison between the internal operations team and external custodian banks, transfer agents, and counterparties (broker dealers)
Support local projects and enhancement initiatives for the team
Providing timely resolution to operational issues raised by critical business partners
Actively researching/resolving trade discrepancies with internal and external stakeholders
Monitoring daily trade status reports including fails data
Gathering and/or analyzing key metrics with regards to activity
Help maintain departmental policies, guidelines and procedures
Help resolve problems and introduce new processes to mitigate risk and enhance controls
Anticipating issues that may adversely affect the operational support and taking action to reduce the risk of occurrences
Proactively seeking ways to improve current processes by maximising the tools available to identify inefficiencies.
Cultivating both internal and external relationships to ensure proper service levels are achieved for each fund supported
Staying ahead of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes

What you will bring
3 to 5 years of middle office experience
Confirmation and settlements operations experience strongly preferred
Bachelors degree or equivalent experience
Skills in: Excel including V-LookUps, Pivot Tables, Macro building a plus
Solid understanding of global markets, trade lifecycle and industry technology (DTCC CTM, Swift, Bloomberg)
Strong leadership skills
Successful analytical & problem-solving skills
Ability to support both production and projects
Strong communication skills (written & verbal)
Proven understanding of application of business risk & operational controls
Enjoys a fast-paced, high-intensity environment
Able to multi-task and absorb information across a broad spectrum of products
Ability to organize, prioritize tasks and work in a deadline-oriented environment

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you
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 $80,000 to $105,000. 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.

About PGIM Fixed Income Group

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $793bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & advancementat all levels to develop the industry leaders of tomorrow.

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.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [redacted] for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email [redacted].

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email [redacted] to request assistance.
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