Private Credit Investment Associate (Hybrid)

Prudential Annuities Distributors (PAD); Newark (NJ); Hybrid; USD 120,000 - 135,000; Full time

Job summary

PGIM in Newark, NJ seeks an Investment Associate for the Asset Based Finance (ABF) team. You will support senior investment professionals across origination, underwriting, structuring, execution, and portfolio management of private credit investments.

Work with deal leaders to evaluate opportunities, perform credit analysis, structure transactions, coordinate execution, and present recommendations to committees and senior management.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field.
• 2+ years of experience in private credit, leveraged finance, structured credit, investment banking, or related investing roles.
• Strong credit underwriting skills with hands-on experience analyzing corporate borrowers, structured transactions, and asset-backed portfolios and executing deals across the full transaction lifecycle.
• Demonstrated experience building and interpreting financial models, including cash flow analysis, scenario modeling, and downside stress cases.
• Ability to evaluate complex deal structures, collateral pools, and legal frameworks with attention to detail.
• Ability to manage multiple transactions and deadlines in a fast-paced environment.

Responsibilities

• Perform detailed credit analysis of borrowers, collateral pools, transaction structures, and counterparties.
• Build and/or maintain financial models, cash flow analyses, stress scenarios, and sensitivity analyses.
• Conduct industry and market research to support investment decisions.
• Assist in developing investment theses and recommendations.
• Support deal leaders in structuring private credit and asset-based finance transactions.
• Coordinate execution workstreams across internal and external stakeholders.
• Manage transaction timelines, deliverables, and closing processes to ensure efficient execution.
• Prepare investment memoranda, underwriting materials, and presentation decks for internal approval processes.
• Present transaction analyses and recommendations to investment committees and senior management.

Skills

Credit underwriting

Financial modeling

Industry analysis

Deal execution

Portfolio management

Education

Bachelor's degree in Finance/Economics/Accounting

Job description

PGIM in Newark, NJ seeks an Investment Associate for the Asset Based Finance (ABF) team. You will support senior investment professionals across origination, underwriting, structuring, execution, and portfolio management of private credit investments.

Work with deal leaders to evaluate opportunities, perform credit analysis, structure transactions, coordinate execution, and present recommendations to committees and senior management.