Hybrid Bank Loan Operations Associate

Prudential Financial, Inc

Newark (NJ)

Hybrid

USD 115,000 - 135,000

Full time

7 days ago

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Benefits offered by this job

Market competitive base salary with an

Annual bonus potential

401(k) match up to 4%

Pension plan

Wellness programs including wellbeing支

Job summary

Prudential Financial, Inc. is seeking an Associate to support its Investment Operations for the Global Asset Management division. Based in Newark, NJ, the role focuses on USD Bank Loan settlements with exposure to non-USD loans, requiring collaboration with Legal, Compliance, Trustees, and Agent Banks.

A hybrid schedule (3 days in office) is offered to balance tasks and teamwork. Candidates should have 5-7 years closing par loans, strong doc review skills, and familiarity with Aladdin, Wall

Qualifications

Degree in Economics, Finance or Business preferred.
Experience with Aladdin, Wall Street Office and S&P suites is a plus.
Strong knowledge of Bank Loan products and 5-7 years closing par loans.

Responsibilities

Support settlement activities for USD Bank Loans and non-USD loans.
Coordinate with trade counterparties, borrowers and trustees.
Ensure data integrity, trade communications and timely settlements.
Collaborate with Portfolio Management, Legal, Compliance and vendors.

Skills

Bank Loan Knowledge

Experience 5-7 yrs

Credit Agreement Interpretation

Communication Skills

Education

Bachelor's degree in Economics, Finance or Business

Tools

Aladdin

Wall Street Office

S&P Suites

ClearPar

Job description

A hybrid schedule (3 days in office) is offered to balance tasks and teamwork. Candidates should have 5-7 years closing par loans, strong doc review skills, and familiarity with Aladdin, Wall

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