PGIM - Investment Analyst (Private Credit Secondaries)

PGIM; New York (NY); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) match

Pension plan

Wellness program

Education benefits

Employee stock purchase plan

Job summary

PGIM, the global asset management business of Prudential, seeks an Investment Analyst to join our Private Credit Secondaries team in New York. The role blends bottom-up credit analysis with portfolio-level investing and transaction structuring across LP-led and GP-led opportunities.

You will receive formal and on-the-job training, mentorship from senior professionals, and join a collaborative team within a global analyst network that supports learning and work-life balance.

Qualifications

• Bachelor's degree in Finance or related field.
• 1–2 years of experience in private credit or related areas.
• Strong underwriting and financial modeling experience.
• Familiarity with private credit fund structures and/or secondary investments.
• Excellent analytical, communication, and interpersonal skills.

Responsibilities

• Support all aspects of the investment process in private credit secondaries (sourcing, due diligence, execution).
• Prepare detailed quantitative and qualitative analyses and investment memoranda.
• Conduct extensive credit analysis and financial modeling across asset classes.
• Monitor existing investments and engage with managers for updates.
• Collaborate with deal sourcing and fundraising efforts.

Skills

Bachelor’s degree

1–2 years experience

Financial modeling

Credit underwriting

Private credit knowledge

Attention to detail

Education

Bachelor's degree in Finance, Accounting, Economics, or related field

Job description

Job Classification

Investment Management - Investments

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 an Investment Analyst to join our Private Credit Secondaries team. This is a differentiated role at the intersection of private credit and secondaries investing, where the core of the work is bottom-up credit analysis of underlying borrowers, paired with exposure to portfolio-level investing and transaction structuring across LP-led and GP-led secondary opportunities.

This role offers the opportunity to work on challenging and innovative investments within one of the largest private capital market investors, while helping shape a rapidly growing private credit secondaries strategy. You'll benefit from a strong foundation of formal and on-the-job training, broad exposure to private credit asset classes, and direct mentorship from senior investment professionals. At the same time, you'll be part of a collaborative, high-impact team and a global analyst community that supports accelerated learning, professional growth, and work-life balance.

This is a hybrid role based in New York City, where the team is on-site 3 times a week.

What You Can Expect

• Supporting all aspects of the investment process, from sourcing, due diligence, to the execution of private credit secondaries transactions, including the acquisition of LP interests, GP-leds, and structured transactions
• Preparing detailed quantitative and qualitative analyses and investment memoranda within tight time constraints
• Extensive credit analysis and financial modeling of underlying borrowers and funds across several private credit asset classes, including direct lending, mezzanine, opportunistic credit, and infrastructure
• Actively monitoring existing investments, including regular interaction with managers of underlying investments and valuation updates
• Working with the broader team on deal sourcing, fundraising efforts, and other strategic initiatives

What You Will Bring

• Bachelor's degree in Finance, Accounting, Economics, or related field.
• 1-2 years of experience in private credit, direct lending, mezzanine investing, credit secondaries, or equity secondaries.
• Strong underwriting and financial modeling experience, including transaction analysis and due diligence.
• Familiarity with private credit fund structures and/or secondary investment transactions.
• Excellent analytical, communication, and interpersonal skills with exceptional attention to detail.

What Will Set You Apart

• Experience working with originations or investment execution
• Participation in the Chartered Financial Analysts ® (CFA) program a plus

Note

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 $90,000 to $100,000. 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.

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.

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.