Global Bank Loan Ops Associate – Settlements & Data

Prudential Financial, Inc.

Newark (NJ)

Hybrid

USD 115,000 - 135,000

Full time

10 days ago

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Benefits offered by this job

Medical insurance
Dental insurance
Vision insurance
401(k) plan with company match
Pension plan
Wellness programs
Employee stock purchase plan

Job summary

Prudential Financial, Inc. (PGIM) is seeking an Associate in Investment Operations to support settlement activity for USD Bank Loans and non-USD loans. The role requires collaboration with Portfolio Management, Legal, Compliance, and Custodians.

Based in Newark, NJ, the position follows a hybrid schedule with 3 days in the office. You will coordinate with counterparties, assist onboarding, and help ensure accurate, timely settlements while managing risk and improving processes in a fast-paced

Qualifications

  • Degree in Economics, Finance or Business preferred.
  • Experience with bank loan products and market conventions.
  • Familiarity with loan closing processes and documentation.
  • Strong analytical and problem-solving abilities.
  • Excellent written and verbal communication across levels.

Responsibilities

  • Coordinate with trade counterparties to review loan trade docs and onboard new accounts.
  • Support settlement activities for USD/Non-USD bank loans with data integrity.
  • Mitigate risk by solving problems and improving processes.
  • Stay informed on industry initiatives and market trends affecting operations.
  • Resolve data discrepancies and communicate issues with partners.
  • Own operational issues end-to-end and drive timely resolutions.

Skills

Bank Loan products
Par loan closures
Credit agreements
Analytical skills
Communication

Education

Degree in Economics, Finance or Business

Tools

Aladdin
Wall Street Office
S&P suites

Job description

Prudential Financial, Inc. (PGIM) is seeking an Associate in Investment Operations to support settlement activity for USD Bank Loans and non-USD loans. The role requires collaboration with Portfolio Management, Legal, Compliance, and Custodians.

Based in Newark, NJ, the position follows a hybrid schedule with 3 days in the office. You will coordinate with counterparties, assist onboarding, and help ensure accurate, timely settlements while managing risk and improving processes in a fast-paced

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