Senior Analyst, Derivatives Operations - PGIM Ireland

Prudential Ins Co of America; Letterkenny; On-site; EUR 42,000 - 56,000; Full time

Benefits offered by this job

Health Insurance

Annual Leave 23 days

Pension Scheme

Annual Bonus Programme & Shop LK V"ou

Life Assurance

Education Assistance

Job summary

PGIM Ireland is hiring for a Derivative Operations Support role in Letterkenny to assist day-to-day post-trade activities across FX, futures, options, swaps, and other instruments. You will validate trades, monitor confirmations, settlements, and reconciliations while collaborating with internal teams and external counterparties.

The position emphasizes attention to detail, analytical skills, and the ability to resolve routine operational issues within a controlled environment.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related discipline preferred.
• 1-3 years of experience in financial services, investment operations, trade support, confirmations, settlements, collateral management, or a related operations function.
• Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments preferred.
• Proficiency with Microsoft Office Suite; experience with Aladdin or other investment operations platforms a plus.
• Basic understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation processes a plus.
• Ability to work with internal teams, custodians, clearing brokers, broker-dealers, counterparties, or fund administrators to resolve operational issues.
• Strong attention to detail, analytical thinking, and ability to investigate exceptions, reconcile breaks, and raise issues appropriately.

Responsibilities

• Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
• Assist with maintaining derivative trade activity in Aladdin and related platforms to support accurate books and records, positions, and operational data.
• Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows under established procedures and controls.
• Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and elevate trade, cash, position, and commission breaks.
• Partner with internal teams and external parties to research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
• Follow documented procedures, complete daily checklists, raise issues timely, and support control, audit, and risk management activities as needed.
• Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
• Contribute to process improvement efforts by identifying manual tasks, recurring issues, and opportunities to improve workflow efficiency.

Skills

Attention to detail

Analytical thinking

Education

Bachelor's degree in Finance/Accounting/Business/Economics

Tools

Aladdin

Microsoft Office Suite

Job description

A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential Financial Inc. (PFI), 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!

This role is based in Letterkenny (on-site 2 days a week)

Overview:

The individual in this role will support PGIM Derivative Operations by assisting with day-to-day post-trade activities for derivative products, including FX, futures, options, swaps, and other cleared, bilateral, and exchange-traded instruments. This position will help validate trade activity, monitor confirmations, settlements, clearing, reconciliations, collateral and margin workflows, and resolve routine exceptions. The role requires strong attention to detail, analytical skills, and the ability to work closely with internal Operations partners, Trade Support, custodians, clearing brokers, broker-dealers, and counterparties to support accurate and timely derivative operations processing.

Primary Responsibilities:

• Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
• Assist with maintaining derivative trade activity in Aladdin and related platforms to support accurate books and records, positions, and operational data.
• Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows under established procedures and controls.
• Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and elevate trade, cash, position, and commission breaks.
• Partner with internal teams and external parties to research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
• Follow documented procedures, complete daily checklists, raise issues timely, and support control, audit, and risk management activities as needed.
• Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
• Contribute to process improvement efforts by identifying manual tasks, recurring issues, and opportunities to improve workflow efficiency.

Requirements:

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related discipline preferred.
• 1-3 years of experience in financial services, investment operations, trade support, confirmations, settlements, collateral management, or a related operations function.
• Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments preferred.
• Proficiency with Microsoft Office Suite; experience with Aladdin or other investment operations platforms a plus.
• Basic understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation processes a plus.
• Ability to work with internal teams, custodians, clearing brokers, broker-dealers, counterparties, or fund administrators to resolve operational issues.
• Strong attention to detail, analytical thinking, and ability to investigate exceptions, reconcile breaks, and raise issues appropriately.
• Interest in operational risk, controls, and process improvement within a derivative operations environment.

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 / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards 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 furtherin