Associate, Fixed Income Operations | PGIM Ireland

PGIM; Letterkenny; On-site; EUR 42,000 - 65,000; Full time

Benefits offered by this job

Health Insurance

Pension Scheme

Annual Bonus

Life Assurance

Education Assistance

Annual Leave 23 days

Job summary

PGIM Ireland in Letterkenny is seeking an Investment Operations Associate to join our Global Portfolio Administration Team. Based in Letterkenny you will work with colleagues across the globe in the UK, United States and Japan to support our Fixed income investment teams with key information on a daily basis.

Ideal candidates have a degree in Accounting/Finance/Business or relevant work experience, strong analytical and problem solving skills, and proficiency in Excel.

Qualifications

• Degree in Accounting, Finance or Business or relevant work experience.
• Experience in accounting or custody operations preferred.
• Strong analytical and problem solving skills.
• Strong written and verbal communication skills.
• Excellent Excel proficiency.
• Knowledge of SQL is a plus.

Responsibilities

• Produce daily and monthly NAV and position reconciliations.
• Review reconciliations with custodian banks and accounting agents to resolve NAV discrepancies.
• Research and resolve position-related discrepancies.
• Work in a busy, time-sensitive environment with accuracy and attention to detail.
• Proactively communicate issues to business partners.
• Mitigate risk by anticipating issues affecting fund operations.
• Suggest process improvements using available tools to reduce inefficiencies.
• Cultivate internal and external relationships across countries to ensure service levels.
• Develop understanding of the fixed income trading business.

Skills

Analytical skills

Excel

SQL

Communication

Attention to detail

Teamwork

Education

Degree in Accounting/Finance/Business

Tools

SQL Databases

Job description

This role is based in Letterkenny onsite 2 days a week.

A GLOBAL LEADING ASSET MANAGER 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

Do you enjoy working in a fast paced environment and want to build a career in a growing, multinational company? Here at PGIM we are looking for an Investment Operations Associate to join our Global Portfolio Administration Team.

Based in Letterkenny you will work with colleagues across the globe in the UK, United States and Japan to support our Fixed income investment teams with key information on a daily basis.

If you have a degree in Accountancy/Finance/Economics/Business or have worked in similar roles our growing team is looking for someone to join a supportive and hard-working team.

The Global Portfolio Administration Accounting team is responsible for the daily and monthly position and NAV reconciliations across PGIM Fixed Income funds ensuring the accuracy and integrity of portfolio accounting data between internal systems, custodians and fund administrators.

This role offers a brilliant insight into financial services and the chance to develop a career in a fascinating industry.

What you can expect

• Work within the team to produce daily and monthly NAV and position reconciliations
• Review reconciliations to custodian banks and accounting agents to prevent and resolve NAV discrepancies before closing and publishing accounting records
• Independently researching and resolving position related discrepancies
• This is a role with a busy work day working in a time sensitive environment with accuracy and attention to detail being key to success
• Proactively communicating issues to relevant business partners
• Anticipating issues that may adversely affect the operational support of the funds and taking action to reduce the risk of occurrences
• Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies
• Cultivating both internal and external relationships across different countries to ensure proper service levels are achieved for each fund supported
• Developing an understanding of the fixed income trading business

What you will bring

• Degree in Accounting, Finance or Business or relevant work experience
• Prior experience in accounting or custody operations preferred.
• Successful candidates will have an inquisitive nature and a desire to deliver quality work
• Strong analytical and problem solving skills
• Strong knowledge of Excel
• Knowledge of SQL and ability to work with databases and large datasets a plus
• Strong written and verbal communication skills
• Determination and ability to thrive in a fast-paced environment while working on multiple tasks both independently and on a team

What will set you apart?

• Enjoys a fast-paced, collaborative environment
• Enjoy a team-focused environment and culture of recognising the efforts of individuals
• Able to multi-task and absorb information across a broad spectrum of products

What we offer you

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
• Annual Leave of 23 days at full pay.
• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.
• Annual Bonus Programme & Shop LK Vouchers: Along with an annual bonus employees are rewarded with Shop LK vouchers which are paid tax free.
• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.
• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants' gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit. Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.