PGIM - Senior Associate, Client Reporting

Prudential Annuities Distributors (PAD); Newark (NJ); Hybrid; USD 120,000 - 160,000; Full time

Benefits offered by this job

Base salary plus bonus potential

Medical, dental, vision insurance

401(k) with company match

Pension plan

Wellness program

Job summary

PGIM, the global asset management business of Prudential Financial, Inc., seeks a client reporting professional to design, prepare and deliver reporting for institutional, retail, and advisory clients. You will support direct lending private credit reporting, ensure accuracy and timeliness, and collaborate with multiple internal teams from Newark, NJ in a hybrid work setup.

The role requires 5–7 years in asset management, familiarity with Wall Street Office or similar systems, and proficiency in

Qualifications

• Experience supporting client or investor deliverables, with a working knowledge of alternative products and services, including direct lending private credit investments.
• Bachelor’s degree in finance, marketing or business.
• Proficient with Microsoft Office products (Word, Excel, PowerPoint).

Responsibilities

• Complete client reports and data for client due diligence questionnaires and fund or portfolio level presentations.
• Respond to ad hoc client inquiries in a timely manner and coordinate with internal groups to improve reporting processes.
• Review reporting and communication processes to identify opportunities to improve, streamline, and automate scheduled reporting.
• Cultivate relationships with internal and external partners and service providers.

Skills

Asset management experience

Analytical skills

Problem-solving

Self-motivation

Team player

Attention to detail

Education

Bachelor's degree in finance, marketing or business

Tools

Wall Street Office

Aladdin

Vermilion

MS Word

MS Excel

MS PowerPoint

Job description

Job Classification: Investment Management - Investments

What you will do

This position is part of the PGIM Client Reporting Group which is responsible for designing, preparing and delivering reporting to PGIM’s Institutional, Retail, Affiliate, and Alternative clients globally. The group is responsible for the compilation and distribution of portfolio summary reports, portfolio holdings and transaction reports, fact sheets, board reports, fund and investor level reports, as well as custom client reports. In addition to reporting the group supports the client portfolio review meeting process, client ad-hoc requests related to portfolio information, and client questionnaires. The team works closely with Client Management, Marketing, Portfolio Management, Portfolio Analysis, Performance, Compliance, Operations, Fund Administration, and Technology groups. The primary responsibility of this role will be to support client deliverables related to direct lending private credit funds. This is a hybrid work arrangement and will require working three days in our Newark, NJ office and two days remotely.

What you can expect

Complete client reports, as well as data for client due diligence questionnaires and fund or portfolio level presentations, while ensuring that materials are accurate, and deadlines are met. Respond to ad hoc client inquires in a timely manner while working with internal groups when necessary. Review reporting and client communication process to identify opportunities to improve, streamline, and automate scheduled reporting. Handle multiple tasks while meeting strict client deadlines. Anticipate issues that may adversely affect the ability to meet reporting deadlines and take action to reduce the risk of occurrences. Cultivate relationships with internal and external partners and service providers. Keep abreast of industry initiatives and market trends that impact the business.

What you will bring

Experience supporting client or investor deliverables, with a working knowledge of alternative products and services, including direct lending private credit investments. This role is appropriate for someone with 5-7 years of asset management work experience. Experience with systems such as Wall Street Office, Aladdin, Vermilion, and/or other similar systems. Proficient with Microsoft Products (MS Word, MS Excel, and MS PowerPoint). Strong analytical and problem-solving skills, with careful attention to detail are essential Self-motivation and ability to work within a team environment. Willingness and desire to learn and teach others. Bachelor’s degree in finance, marketing or business.

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 $120,000 to $160,000. 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

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU) built on a 150-year legacy of strength, stability, and disciplined risk management through more than 30 market cycles. Managing $1.4 trillion in assets, PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions — including fixed income, equities, real estate and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide.

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 is an equal opportunity employer

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.

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.