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PGIM Fixed Income | Associate Manager, Collateral Management & Servicing at 032 PGIM, Inc. in Newark, New Jersey

Posted in Admin - Clerical 30+ days ago.

Type: Full-Time





Job Description:

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the world’s top-10 largest asset managers. Comprised of seven self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firm’s ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.

Our Business:

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With 950 employees and $946bn 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 & development at all levels to develop the industry leaders of tomorrow.

Our Role:

We are looking for an astute, determined professional like you to fulfill a critical position within our PGIM Fixed Income Department. You will showcase your success through collaboration, ownership, and innovation. Your expertise in emerging trends and practices will evoke stimulating discussions around optimization and change to help keep our competitive edge. This rewarding opportunity will enable you to make a big impact in our organization, so if this sounds exciting, then PGIM might be the place.

Your Impact:


  • The Associate Manager, Trade Management – Collateral Management & Servicing is responsible for direct supervision of a team while providing operational, research, and analytical support to the PGIM

  • Fixed Income businesses for derivative products (i.e. Swaps, Futures, FX, and Options)

  • This individual is responsible for increasing organizational capabilities through efficiencies and scale Coaching, developing, and leading by example will be some of the expectations of this individual with respect to talent management

  • The team is responsible for the monitoring and settlement of daily collateral activities with numerous counterparties across multiple product types

  • The team also performs regulatory reporting of positions, valuations, and collateral to multiple international jurisdictions

  • In addition, the team works closely with internal Operations teams, portfolio managers, and broker dealers.

  • The Associate Manager is expected to anticipate issues that may introduce risk, cause errors and adversely affect the performance of our clients and funds

  • Associate will also provide support to the team in solving problems and incorporating new processes to mitigate risk
     

Your Required Skills:


  • Derivative product knowledge

  • Regulatory reporting experience

  • Supervisory experience

  • Strong leadership skills

  • Strong analytical & problem-solving skills

  • Solid understanding & appreciation of business risk & operational controls

  • Basic project management skills

  • Strong communication skills (written & verbal)

  • Strong desire to learn and develop others

  • Ability to organize, prioritize tasks and work in a deadline-oriented environment

  • Self-motivated & able to work within a team environment

  • Able to absorb information across a broad spectrum of products

  • Detail oriented

  • Ability to work in a fast-paced, high-intense environment

  • Intermediate knowledge of MS Office & business applications

  • Degree in Economics, Finance or Business preferred

  • Previous supervisory experience required

  • Prior Derivative Product experience required

  • Regulatory Reporting experience is preferred

  • 3-5 years of experience supporting fixed income products or relevant experience

Our Culture:

Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t 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.

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 staffingagencies@prudential.com 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 call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.





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