Executive Director, Fixed Income Quant Research

Prudential Ins Co of America in; Newark (NJ); On-site; USD 180,000 - 250,000; Full time

Benefits offered by this job

Market competitive base salaries with

Medical, dental, vision, life and long

401(k) plan with company match

Company-funded pension plan

Wellness programs

Education benefit

Employee Stock Purchase Plan

Job summary

Prudential Financial, Inc. through its PGIM Fixed Income division is seeking an Executive Director of Quantitative Research to oversee the development of portfolio construction and risk models.

The role collaborates with portfolio managers, traders and risk teams while guiding a diverse group of researchers. Ideal candidates will have 10+ years in fixed income quantitative research, a PhD or advanced quantitative degree, and a track record of building analytical solutions in asset management.

Qualifications

• 10+ years of experience in fixed income quantitative research
• Advanced degree in a quantitative field (e.g., science, mathematics, finance, or engineering)
• Ability to think strategically and tactically while proactively managing a diverse team
• Entrepreneurial spirit with hands-on management style
• Ability to work closely with desk heads and portfolio managers, building strong relationships
• Proven experience leading design of analytical solutions in a fixed income asset management environment
• Ability to communicate complex concepts clearly, concisely, and logically
• Familiarity with technology, data, and programming and their impact on modelling
• Significant experience in portfolio construction models and/or systematic strategies, plus risk modelling in fixed income
• Experience with at least three relevant asset classes (IR, futures, FX, IG/HY corporates, CDX, TRS, MBS, CLOs, CMBS, ABS, private credit)

Responsibilities

• Engage with desk heads and portfolio/risk managers to understand business requirements
• Provide thought leadership in portfolio construction and risk management
• Create analytical solutions to meet business needs in fixed income asset management
• Develop understanding of fixed income pricing models, curve fitting, and structured solutions models

Skills

Fixed income

Leadership

Quantitative research

Portfolio construction

Risk management

Stochastic modelling

Communication

Programming

Client engagement

Asset management

Education

PhD or equivalent

Quantitative degree

Job description

Prudential Financial, Inc. through its PGIM Fixed Income division is seeking an Executive Director of Quantitative Research to oversee the development of portfolio construction and risk models.

The role collaborates with portfolio managers, traders and risk teams while guiding a diverse group of researchers. Ideal candidates will have 10+ years in fixed income quantitative research, a PhD or advanced quantitative degree, and a track record of building analytical solutions in asset management.