PGIM Quantitative Solutions, Equity Research Director

PGIM, Inc.; Newark (NJ); Hybrid; USD 160,000 - 170,000; Full time

Benefits offered by this job

Yearly bonus

Healthcare (medical, dental, vision)

401(k) match

Pension plan

Wellness program

Education benefit

ESPP

Job summary

PGIM, Inc. in Newark, NJ is seeking a Director to lead our quantitative equity research program. You will drive innovative research, shape investment processes, and deliver insights that improve risk-adjusted returns for client portfolios in a collaborative, high-performance setting.

The role requires a PhD or advanced degree in finance/math, 5+ years in quantitative investing, and strong Python skills. You will work with large datasets, apply ML/NLP techniques, and present findings to clients

Qualifications

• Graduate degree in finance, economics, mathematics, statistics, or a related discipline required; Ph.D. preferred.
• Minimum 5 years of research experience in quantitative investing, with deep knowledge of theoretical and empirical asset pricing.
• Proficiency in Python and demonstrated ability to manage and analyze large, complex datasets.
• Experience with machine learning, artificial intelligence, and natural language processing is highly desirable.
• Ability to critically evaluate and apply academic and practitioner research to real-world investment challenges.
• Exceptional ability to explain complex concepts clearly to diverse audiences, including internal teams and clients.

Responsibilities

• Drive independent, rigorous research projects focused on developing new security selection signals and enhancing core elements of the investment process.
• Identify, source, and integrate novel datasets—spanning stock-specific, industry-level, and macroeconomic information to strengthen research capabilities.
• Author white papers on emerging ideas and market developments to position the firm at the forefront of quantitative research.
• Present research findings to clients and prospects, reinforcing the value and impact of our investment strategies.
• Monitor academic and sell-side equity research and leverage external expertise to inform and advance our work.
• Serve as a thought leader, delivering creative solutions to intellectually demanding problems and driving continuous innovation.

Skills

Python

Machine Learning

NLP

Data Analysis

Asset Pricing

Research Leadership

Education

Graduate degree in finance/economics/mathematics/statistics

Ph.D. preferred

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.

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 Director to play a pivotal role in advancing our quantitative equity strategies. As a member of the Quantitative Equity Research team, you will lead innovative research initiatives aimed at enhancing investment processes and driving superior risk‑adjusted returns for client portfolios. This position offers broad responsibility for shaping and promoting research both internally and externally, contributing directly to the growth of our global investment business. You will report to the Head of Quantitative Equity Research and collaborate with other top quantitative equity researchers in a dynamic, forward‑thinking environment

What you can expect:

• Drive independent, rigorous research projects focused on developing new security selection signals and enhancing core elements of the investment process.
• Identify, source, and integrate novel datasets—spanning stock‑specific, industry‑level, and macroeconomic information to strengthen research capabilities.
• Author white papers on emerging ideas and market developments to position the firm at the forefront of quantitative research.
• Present research findings to clients and prospects, reinforcing the value and impact of our investment strategies.
• Monitor academic and sell‑side equity research and leverage external expertise to inform and advance our work.
• Serve as a thought leader, delivering creative solutions to intellectually demanding problems and driving continuous innovation.

What you will bring:

• Graduate degree in finance, economics, mathematics, statistics, or a related discipline required; Ph.D. preferred.
• Minimum 5 years of research experience in quantitative investing, with deep knowledge of theoretical and empirical asset pricing.
• Proficiency in Python and demonstrated ability to manage and analyze large, complex datasets.
• Experience with advanced techniques such as machine learning, artificial intelligence, and natural language processing is highly desirable.
• Ability to critically evaluate and apply academic and practitioner research to real‑world investment challenges.
• Exceptional ability to explain complex concepts clearly to diverse audiences, including internal teams and clients.
• Self‑starter with strong problem‑solving skills, creativity, and initiative; capable of working independently and collaboratively as part of a team.
• Track record of delivering high‑quality outcomes under tight deadlines.

PGIM believes in the Power of a Hybrid work arrangement. The Power of Hybrid is both the flexibility of work from home, as well as the networking and career development of in‑person work with colleagues through three weekly anchor days in‑office.

Note: Prudential is required by state‑specific laws to include the salary range for this role when hiring a resident in applicable locations. The base salary range for this role is from $160,000.00 - $170,000.00 USD . 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.

#LI-Hybrid

#LI-CR1

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.

To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.