Analyst, Global Fixed Income | PGIM Investment Operations ( Hybrid / Newark, NJ)

PGIM Ireland; Newark (NJ); Hybrid; USD 65,000 - 75,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) plan with company match

Pension plan

Paid Time Off (PTO)

Disability insurance

Wellness programs

Education benefit

Job summary

PGIM Ireland is seeking an Analyst to provide middle-office support in the Fixed Income Operations team from its Newark, NJ office on a hybrid schedule (3 days in office). You will help with trade confirmations, settlements, and controls across U.S. and international depositories.

You will collaborate with custodians, broker-dealers, and internal teams to ensure accurate processing, timely resolutions, and risk mitigation, leveraging Excel and market knowledge to improve efficiency.

Qualifications

• Bachelor’s degree or equivalent professional experience.
• 1–3 years of middle-office operations or trade support experience.
• Experience with trade confirmations and settlements preferred.
• Strong Excel skills (VLOOKUP, PivotTables); macros a plus.
• Strong analytical and communication skills; ability to meet deadlines in a fast-paced environment.

Responsibilities

• Provide daily operational and technical support for Global Confirmations and Settlements activity.
• Facilitate trade flow by ensuring transactions are matched on industry confirmation platforms, confirmed in internal trade systems, and settled in the market.
• Monitor daily trade-status reporting, including prematching, settlement exceptions, and failed trades.
• Research and resolve trade discrepancies, settlement fails, and claims with internal teams, custodians, and counterparties.
• Serve as a liaison between the operations team and external custodian banks, broker-dealers, and market participants.
• Support settlement activity across U.S. and international depositories (DTCC, Fed, Euroclear, Clearstream).
• Identify issues affecting operational support and take timely action to reduce risk.
• Analyze activity and operational metrics to identify trends and control gaps.
• Maintain departmental policies, procedures, and guidelines.

Skills

Trade confirmations experience

Trade settlements experience

Global markets knowledge

Analytical skills

Communication skills

Education

Bachelor’s degree or equivalent

Tools

Microsoft Excel

Job description

Job Classification: Investment Management - Investment Operations

A GLOBAL FIRM 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

As an Analyst on the PGIM Fixed Income Bond Operations team, you will provide middle-office operational support across the global fixed income trade lifecycle. You will serve as a member of the Global Confirmations and Settlements team, helping maintain a strong control environment while supporting accurate and timely trade matching, confirmation, and settlement. You will partner closely with internal teams, custodian banks, broker-dealers, and other external counterparties. In this role, you will build knowledge of fixed income products, international markets, global depositories, settlement practices, and the operational risks and controls that support the business. This position is based in our office in Newark, NJ and will follow a hybrid schedule. Our organization follows a hybrid work structure (3 days in office) where employees can work remotely and/from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Provide daily operational and technical support for Global Confirmations and Settlements activity.
• Facilitate trade flow by ensuring transactions are matched on industry confirmation platforms, confirmed in internal trade systems, and settled in the market.
• Monitor daily trade-status reporting, including prematching, settlement exceptions, and failed trades.
• Research and resolve trade discrepancies, settlement fails, and claims in partnership with internal teams, custodians, and counterparties.
• Serve as a key liaison between the operations team and external custodian banks, broker-dealers, and other market participants.
• Support settlement activity across U.S. and international depositories, including DTCC, the Federal Reserve, Euroclear, Clearstream, and local market infrastructures.
• Identify and elevate issues that may affect the operational support of global and emerging-market products, and take timely action to reduce risk.
• Analyze activity and key operational metrics to identify trends, control gaps, and opportunities for improvement.
• Maintain departmental policies, procedures, and operating guidelines.
• Support local projects, system enhancements, and process-improvement initiatives that strengthen controls, reduce risk, and improve efficiency.
• Provide timely resolution of operational issues raised by critical business partners and communicate status clearly through closure.
• Build effective internal and external relationships to help ensure appropriate service levels for supported funds and portfolios.
• Stay current on industry initiatives, market developments, and settlement trends that may affect the operating model or create opportunities for improvement.

What you will bring

Bachelor’s degree or equivalent professional experience.

• 1 to 3 years of experience in middle-office operations, trade support, or financial-services operations preferred.
• Experience with trade confirmations and settlements strongly preferred.
• Working knowledge of global markets and the end-to-end trade lifecycle.
• Proficiency in Microsoft Excel, including VLOOKUPs and PivotTables; experience developing macros is a plus.
• Strong analytical, research, and problem-solving skills, with an ability to identify root causes and drive issues to resolution.
• Strong written and verbal communication skills and the ability to collaborate effectively with internal and external partners.
• Ability to take ownership of assigned responsibilities, manage multiple priorities, and meet deadlines in a fast‑paced environment.
• Ability to balance daily production responsibilities with project and process‑improvement work.
• Understanding of operational risk, business controls, and the importance of accurate and timely processing.
• Learning agility and an interest in developing knowledge across a broad range of fixed income products, markets, and operating processes.

What will set you apart?

• Familiarity with DTCC CTM, SWIFT, Bloomberg, or comparable trade‑matching, messaging, and market‑data platforms.
• Experience supporting international settlements through DTCC, the Federal Reserve, Euroclear, Clearstream, or local‑market depositories.
• Exposure to emerging markets, global fixed income products, settlement‑fail management, claims processing, or operational metrics and reporting.
• Experience contributing to automation, system enhancements, or control‑focused process improvements.

*PGIM welcomes all applicants, even if you don't meet every requirement.

The salary range for this role is from 65,000 to $75,000.

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).
• Eligibility to participate in a discretionary annual incentive program subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.
• To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers.

Some of the above benefits may not apply to part‑time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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.

To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.

If you need an accommodation to complete the application process, please email [e-mail].

If you are experiencing a technical issue with your application or an assessment, please email [e-mail] to request assistance.

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America.

Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security.

Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com.

PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives.

For more information about PGIM, visit pgim.com.

PGIM, Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States.

PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States.

Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are 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.