QMA | Director, Performance Reporting at Prudential Ins Co of America in Newark, New Jersey

Job Description:

Job Classification:

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 Role:

As a member of the Performance Team, this position provides analytical information on the performance of institutional accounts and mutual funds to the various internal departments such as the QMA Investment management teams, distribution, marketing, compliance, and senior management. This position will manage a small group (3-5 people) and interface with internal groups/individuals in determining and fulfilling reporting/analytics needs, particularly for equity and multi-asset strategies.  Areas of oversight and production include individual account performance, composites, benchmark performance, portfolio attribution, portfolio characteristics, portfolio statistics, GIPS compliance and ad-hoc requests that support the firm.

Your Impact:

• Monitor daily investment performance reconciliation process and performance results


• Understanding of portfolio risk and risk statistics, Risk Decomposition, TE, IR, Standard Deviation, etc.


• Prepare performance reports to assist in analyzing investment performance results and reporting, including attribution/characteristics analysis.


• Assist in creating, interpreting and analyzing report results.


• Hands on support, knowledge and utilization of a variety of investment system applications including performance measurement system (Eagle Pace), investment analytics and other related applications (FactSet, Axioma, Bloomberg, Vermilion), peer analysis applications (Lipper).


• Perform monthly reporting requirements and manage performance processes.


• Interaction with Operations team to investigate performance issues.


• Manage the monthly investment team performance sign off process.


• Manage the identification and resolving of issues relating to daily/monthly performance measurement and attribution.

Your Required Skills:

• At least 7 - 10 years of work experience with investment, performance measurement/analysis is strongly preferred. Experience with equity and multi-asset strategies performance/attribution/analytics is desired.


• Experience managing small teams (3 – 6 people).


• Strong understanding of all aspects of performance including fund and separate account performance calculations, GIPS standards, attribution analysis, portfolio characteristics and benchmarking calculations such as active share, tracking error, information ratio and index calculations.


• Knowledge of various performance and attribution systems.  Must be able to understand relevant formulas and calculations.


• Ability to react decisively and efficiently when presented with new challenges.


• Strong communication and technical skills required, as well as a demonstrated leading and managing a team on a daily basis.


• Awareness of performance sign off process and reporting needs.


• High degree of proficiency in Excel and Factset.  Eagle Pace knowledge a plus.


• Ability to handle time pressures, demonstrate initiative and apply creative thinking to problems.


• Experience with GIPS Standards, composite construction and audit.

Your Desired Skills:

• CIPM (not required)


• Factset


• Proficient in Microsoft Office Suite


• Bloomberg


• Eagle Investment System knowledge a plus

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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.