PGIM Fixed Income - VP, Investment Management Portfolio Solutions

Prudential Annuities Distributors (PAD); Newark (NJ); On-site; USD 170,000 - 200,000; Full time

Job summary

PGIM Fixed Income is seeking a Vice President for Portfolio Solutions in Newark. The role involves analyzing investment workflows, designing cutting-edge decision-making tools, and managing product development, leveraging technology to boost investment performance. Candidates should possess a robust background in Fixed Income asset management and exceptional analytical skills.

Benefits

Medical, dental, vision, life insurance

Retirement plans including 401(k) with company match

Wellness Programs

Tuition Assistance

Qualifications

• 10+ years of Fixed Income Asset Management experience.
• Strong understanding of technology and investment workflows.
• CFA, FRM or relevant designation preferred.

Responsibilities

• Engage with investment teams to analyze workflows and tools.
• Coordinate with development on product execution.
• Document investment processes and product designs.

Skills

Analytical Skills

Communication Skills

Collaboration

Product Development

Education

Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or Computer Science

Tools

SQL

Python

Power BI

Job description

PGIM Fixed Income - VP, Investment Management Portfolio Solutions page is loaded

PGIM Fixed Income - VP, Investment Management Portfolio Solutions

Apply locations Newark, NJ, USA time type Full time posted on Posted 4 Days Ago job requisition id R-121188

Job Classification:

Technology - Engineering & Cloud

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

We are seeking a highly motivated and experienced Vice President, Portfolio Solutions to join our dynamic investment technology team. The ideal candidate will possess a deep understanding of Fixed Income asset management across all asset classes and have a strong background in portfolio management and trading technology. Additionally, the candidate should be able to drive the execution of product development, analyze and document investment workflows effectively, and stay updated on industry tools.

What you can expect

• Investment Workflow Analysis: Engage with the investment team, portfolio managers, portfolio analysts, risk, and quantitative research to understand and deep dive into current investment workflows, tools, and identify challenges.

• Product Design: Work closely with investment teams, risk, and quant to design cutting-edge decision-making tools that enhance alpha generation and investment performance. Design productivity-enhancing solutions through automation and leverage generative AI to drive innovation and efficiency.

• Documentation: Accurately document investment workflows, processes, and product designs to ensure clear communication and understanding across teams.

• Execution Management: Coordinate with development team to execute on product development.

What you will bring

• Bachelor’s degree with concentration(s) in Finance, Economics, Mathematics, Statistics, or Computer Science.

• 10 plus years of Fixed Income Asset Management experience overseeing front office technology, or investment experience such as trading or portfolio specialist role.

• Strong understanding of technology and ability to document workflows and technical requirements for the development team.

• Excellent analytical skills with the ability to deep-dive into current tools and workflows.

• Superior communication skills, both written and verbal with proven track record of translating complex technical concepts into clear, concise, and compelling narratives.

• Ability to work collaboratively with the investment team, other stakeholders, and technology teams to design and implement effective solutions.

What will set you apart?

• CFA, FRM or relevant designation

• Industry experience in Aladdin and Bloomberg.

• Experience in trading or portfolio specialist role.

• Hands on experience in coding – SQL, Python, Power BI, UX Design

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

• Medical, dental, vision, life insurance and PTO (Paid Time Off)

• Retirement plans:

• 401(k) plan with generous company match (up to 4%)

• Company-funded pension plan

• Wellness Programs to help you achieve your wellbeing goals, 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 health, and career development.

• Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.

To find out more about our Total Reward package, Total Rewards Brochure

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $170,000 to $200,000 . Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

About PGIM Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $821Bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow

#LI-MM1

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), after one year of service.

Eligibility to participate in a discretionary annual incentive program is 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.

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 .

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About PGIM

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.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.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. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

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.