PGIM Private Capital - Senior Investment Operations Associate, Direct Lending at Prudential Ins Co of America in Newark, New Jersey

Job Description:

Job Classification:

PGIM Private Capital (PPC) Investment Operations team is looking for a Senior Investment Operations Associate. This position involves loan servicing for PPC’s Direct Lending business and interacting extensively with internal and external business partners to assist in facilitating deal closings. With a strong attention to detail, the successful candidate will need to be able to review closing documentation for accuracy as well as maintain organization across data entry systems to effectively capture trade details.

Your Impact:

• Data entry into PAM sub-ledger accounting system & Wall Street Office for loan terms


• Loan servicing for Direct Lending portfolio


• Support wire forecasting and processing


• Review documentation and closing requirements prior to trade settlement


• Ensure accurate trade booking


• Prepare daily/weekly/monthly reports and reconciliations


• Daily cash matching of open payables/receivables and monitoring of bank account activity


• Liaison between Deal Teams/Legal and Operations


• Prepare assignment agreements for transferring entities and coordinate execution


• Review legal docs for loan terms and document in standardized format


• Maintain documentation to comply with enterprise and departmental standards, facilitating audits and examinations by internal and external regulatory bodies


• Prepare forward hedging models with PGF to mitigate foreign currency risk for non-USD assets


• Continuously seek to find process improvements to increase overall operational productivity and efficiency 


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Your Required Skills:

• 2+ years in the banking and financial services industry


• Bachelor undergraduate degree (all subjects areas considered)


• Strong attention to detail


• Independent problem-solving skills


• High level of self-motivation


• Excellent communication and analytical skills


• Ability to multi-task during high volume periods


• Strong PC skills, including extensive knowledge of Microsoft Suite, specifically Excel


• Experience using Wall Street Office a plus


• Banking, Loan closing or servicing experience a plus

Our Business:

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.

Our Culture:

Prudential 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 utilize the internal “Skills Accelerator” to hone their skills and explore the opportunities available to them within Prudential.

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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 email accommodations.hw@prudential.com.

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 careers.technicalsupport@prudential.com to request assistance.