PGIM Global Wealth - Internal Wholesaler Opens in a new window

Prudential; Newark (NJ); On-site; USD 63,000 - 77,000; Full time

Benefits offered by this job

Market competitive base salary with a

Annual bonus potential

Medical/dental/vision insurance

401(k) with company match

Pension plan

Wellness programs

Education benefit

Employee stock purchase plan

Job summary

Prudential is seeking an Internal Wholesaler in Newark, NJ to drive sales and deepen relationships with Financial Professionals for PGIM Global Wealth Mutual Funds and Managed Accounts. The role requires maintaining expert knowledge of the product line and the mutual fund industry.

Qualified candidates have 1–2 years of financial industry sales experience, FINRA Series 7, and appropriate state licenses. Bachelor's degree in finance or related field preferred.

Qualifications

• 1-2 years of Financial Industry experience in a sales capacity with Mutual Funds and/or Managed Accounts.
• FINRA Series 7 required; Series 6 considered but must obtain Series 7 within 90 days of hire.
• FINRA Series 63 or 66 required within 30 days of hire.
• A valid resident state insurance license required and must be obtained within 60 days of hire.

Responsibilities

• Develop relationships with Financial Professionals selling PGIM Global Wealth Mutual Funds and Managed Accounts.
• Outbound calls to Financial Professionals; communicate via letters and email.
• Attend sales meetings and training sessions; maintain PC-based contact management system.
• Respond to inbound Product and Sales calls; support special projects as assigned.

Skills

Sales experience

Regulatory knowledge

Education

Bachelor's degree in finance or related field

Job description

WORK FOR A COMPANY WHOSE CULTURE IS BUILT ON RESPECT

AT PRUDENTIAL AND PGIM, YOU CAN.

Here you’ll find a high-performance culture that’s flexible, collaborative, and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable — always focused on delivering for our customers. It’s the standard we choose every day as we grow, perform, and win as one team.

The primary role of the Internal Wholesaler is to drive sales and build relationships with Financial Professionals selling PGIM Global Wealth Mutual Funds and Managed Accounts. The Internal Wholesaler must achieve and maintain an expert knowledge of the PGIM Global Wealth product line and the Mutual Fund Industry.

What you can expect:

Developing relationships with Financial Professionals through outbound calls

Communicating with Financial Professionals through letters and email

Handling special projects as assigned within Desk

Attending various sales meetings and training sessions

Maintenance of PC based contact management system

Responding to inbound Product and Sales calls

What you will bring

FINRA series 7 license is required for this position. Candidates with a FINRA series 6 will be considered but must obtain the series 7 within 90 days of hire

FINRA series 63 or 66 is required for this position and must be obtained within 30 days of hire

A valid resident state insurance license is required and must be obtained within 60 days of hire

Minimum of 1-2 years of Financial Industry experience in a sales capacity with Mutual Funds and/or Managed Accounts

Ability to work well independently and within a team

Bachelor’s Degree required with major in finance or related field preferred

Salary Disclosure

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary for this role is $70,000. Roles may also be eligible for additional compensation in the form of commissions 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 Global Wealth

PGIM Global Wealth is dedicated to helping clients solve their toughest investment challenges—whether it’s capital growth, reliable income, or protection from market volatility and other risks. As part of PGIM, the global investment management business of Prudential Financial, PGIM Global Wealth is the manufacturer and distributor of retail mutual funds sold primarily through third-party distribution channels. The products and strategies we create are managed by PGIM, which is Prudential’s asset management organization. Prudential has become recognized as a leading provider of investment solutions for institutional and retail clients. Our reputation for financial strength, investment talent, risk management, and thought leadership has led to rapid growth.

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 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.