PGIM - Senior Director, Trade Management and Execution (Asset Based Finance)

Prudential Financial, Inc.; Newark (NJ); Hybrid; USD 200,000 - 215,000; Full time

Benefits offered by this job

Market competitive base salaries

Bonus potential

401(k) match and company benefits

Pension plan and wellness programs

Job summary

Prudential Financial, Inc. is seeking a Senior Director to support the Asset-Based Finance platform, bridging investment management, transaction execution, and client engagement. Hybrid work includes three days in the Newark, NJ office and two days remote.

The role emphasizes portfolio management, capital allocation and cross-functional coordination across stakeholders, with a strong analytical emphasis and experience in fixed income and structured credit markets.

Qualifications

• Bachelor's degree in business, finance, or related field.
• 5-10+ years in portfolio management support, structured products or asset-based finance.
• Strong analytical and written/verbal communication skills.
• Expertise in Excel, financial modeling, Bloomberg, Intex or Aladdin.

Responsibilities

• Support ABF platform in capital allocation, portfolio construction and monitoring.
• Coordinate trade bookings, funding mechanics and client reporting.
• Engage with sales and distribution teams on ABF client relationships.

Skills

Portfolio management

Capital allocation

Excel

Bloomberg

Intex

Aladdin

Education

Bachelor's degree in business, finance, or related field

Tools

Bloomberg

Intex

Aladdin

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 can expect

The Senior Director will work closely with Asset-Based Finance leadership to support the management and continued growth of the ABF platform. The role will sit at the intersection of investment management, transaction execution, portfolio management and client engagement. The individual will operate across both the investment and business-management sides of an ABF platform, having strong organizational and analytical skills with the ability to coordinate across multiple stakeholders.

This position follows a hybrid work model, with working 3 days in the Newark, NJ office and 2 days remote.

What you will do

• Portfolio Management & Capital Allocation Support the ABF platform in managing capital allocation, including evaluating investment opportunities relative to portfolio objectives, available capital and client mandates. Assist with portfolio construction, investment pacing and ongoing monitoring of exposures across ABF strategies. Coordinate trade bookings and ensure investments are appropriately reflected across relevant portfolios and accounts.
• Transaction Execution Support transaction execution from investment approval through closing and funding. Coordinate operational workflows associated with new investments, including trade booking, funding mechanics and ongoing transaction administration. Partner with internal and external stakeholders to coordinate operational workflows on new investments and ensure accurate bookings / trade details, reporting metrics, and settlement monitoring. Assist with rate hedging and other portfolio-level risk-management activities where appropriate.
• Client Portfolio Management Support discussions with existing clients regarding additional capital allocations and opportunities to expand or upsize ABF mandates. Partner with sales and distribution teams on existing and prospective ABF client relationships.

What you will bring

• Bachelor's degree in business, finance, or related field
• 5-10+ years of experience in portfolio management support, structured products, private credit, asset-based finance, or fixed income
• Strong analytical and quantitative skills with excellent written and verbal communication skills.
• Expertise in excel, financial model, Bloomberg, Intex, Aladdin, or similar investment platforms.
• High attention to detail and ability to manage multiple priorities in a fast-paced environment.

What will set you apart

• Strong understanding of fixed income and structured credit markets.
• Working knowledge of securitization structures and collateral performance metrics.
• Exposure to portfolio risk analytics, investment performance attribution, and valuation processes.
• Experience working with institutional asset management or insurance investment portfolios.

Salary

• The annual base salary range for this role is from $200,000 to $215,000.
• Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
• This role is also 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.
• 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, nationality, 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.