PGIM Multi-Asset Solutions | Senior Analyst, Portfolio Operations ( Newark, NJ - Hybrid)

PGIM; Newark (NJ); Hybrid; USD 70,000 - 95,000; Full time

Job summary

PGIM Multi-Asset Solutions seeks a sharp individual for the Senior Analyst, Portfolio Operations role in Newark, NJ. This entry-level position involves overseeing business operations, investment performance monitoring, and working closely with technology and analytics. Candidates should have a degree in Finance or related fields and possess strong analytical skills. The firm promotes a diverse and inclusive culture, offering competitive salaries and benefits.

Benefits

Medical, dental, and vision insurance

401(k) plan with company match

Company-funded pension plan

Education benefit

Employee stock purchase plan

Qualifications

• 2+ years of experience in investment operations, FP&A, accounting, or project management.
• Strong analytical and problem-solving skills.
• Good understanding of various investment security types.

Responsibilities

• Oversee subadvisors’ activities and monitoring investment performance.
• Work on client reporting and business oversight mechanisms.
• Support new client and transaction implementation.

Skills

Analytical skills

Problem-solving skills

Collaboration

Self-motivation

Organizational skills

Education

Bachelor's degree in Finance, Business, Economics, Accounting, or Information Systems

Tools

MS Excel

Tableau

Microsoft PowerBI

Job description

PGIM Multi-Asset Solutions | Senior Analyst, Portfolio Operations ( Newark, NJ - Hybrid)

Join to apply for the PGIM Multi-Asset Solutions | Senior Analyst, Portfolio Operations ( Newark, NJ - Hybrid) role at PGIM

PGIM Multi-Asset Solutions | Senior Analyst, Portfolio Operations ( Newark, NJ - Hybrid)

Join to apply for the PGIM Multi-Asset Solutions | Senior Analyst, Portfolio Operations ( Newark, NJ - Hybrid) role at PGIM

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Job Classification:

Investment Management - Investment Operations

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

Our PGIM Multi-Asset Solutions (PMA) team is looking for a sharp and motivated individual to join the team as a Portfolio Operations Analyst. The business operations function within PMA oversees a wide variety of business activities including oversight of subadvisors’ activities, monitoring investment performance, cash and liquidity management, operational effectiveness, oversight of operational and business controls, and client reporting. The operations team is looking to expand and offer a unique opportunity to join a new business that is building out its infrastructure and operating model and to gain experience working across PGIM affiliates and functional areas.

In this role, you will have the opportunity to work on a variety of projects, including the scaling of client reporting, business and investment oversight mechanisms, and internal management reporting. You will be part of a flat team with broad responsibilities. You’ll need to be a creative thinker and entrepreneurial self-starter who is eager to drive one of Prudential’s and PGIM’s most important strategic initiatives.

This position is based in our office in Newark, NJ. Our organization follows a hybrid work structure where employees work from the office 3 days a week.

What You Can Expect

• Develop understanding of key processes across the PMA Investment management lifecycle
• Define and implement critical processes and reporting needs for both client and internal business management working closely across all areas of the business.
• Work closely with technology to define the tools needed to scale the business across various functions.
• Focus on supporting new client and transaction implementation, the tools and processes needed to scale the business.
• Help respond to client RFPs and the operational aspects of client onboarding.
• Work on ad hoc projects and analysis to support the chief operating office.
• Focus on data visualization and process automation.
• Work with PGIM affiliates building out new products and asset classes on the PMA platform.
• Independently prioritize and lead various project work.
• Evolve from a new platform launch through the strategic build out to support an aggressive business growth plan as PMA onboards new clients and AUM.
  
  

What You Will Bring

• Bachelor's degree required with a major in Finance, Business, Economics, Accounting, or Information Systems preferred.
• Analytical and inquisitive mind set to analyze portfolio information.
• 2+ years of experience in investment operations, FP&A, accounting, or project management in financial services industry, preferred but will consider recent college graduates with relevant coursework and the right attitude.
• Strong analytical and problem-solving skills accompanied by excellent collaboration and interpersonal skills.
• Self-motivated with the ability to work independently as well as, in a team environment.
• Good understanding of various investment security types and investment concepts.
• Strong PC skills with proficiency in MS Excel and comfortable with mid-level data manipulation.
• Good organizational skills, resourcefulness, and ability to organize/prioritize tasks.
• Flexibility and ability to multi-task/juggle multiple assignments/projects and meet deadlines and changing priorities.
  
  

What will set you apart?

• Strong attention to detail with the ability to summarize and communicate complex issues effectively, both orally and in writing.
• Experience with various reporting and business intelligence tools.
• Experience with data visualization (Tableau or Microsoft PowerBI).
• Prior working experience in Asset Management and/or Capital Markets.
• We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
  
  

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 $70,000 to $95,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

About PGIM Multi-Asset Solutions (PMA)

PGIM Multi-Asset Solutions (PMA) is a newly established investment business within PGIM responsible for providing institutional clients asset-liability management, portfolio strategy, and asset allocation

solutions utilizing PGIM’s multi-asset class expertise with a focus on public and private credit. On behalf of its clients, PMA will oversee portfolio construction, execution, and management and will partner with PGIM affiliates including PGIM Fixed Income, PGIM Private Capital, and PGIM Real Estate to deliver best in class private origination, credit underwriting, investment research, and risk management capabilities across a full range of asset classes.

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.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Information Technology

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