Senior Analyst, Derivatives Trade Operations - PGIM Investment Operations ( Hybrid/ Newark, NJ)

Prudential Ins Co of America; Newark (NJ); Hybrid; USD 90,000 - 105,000; Full time

Job summary

PGIM, the global asset management unit of Prudential, seeks a Derivatives Operations professional in Newark, NJ. You will support post-trade processing for derivatives, including confirmations, settlements, clearing, reconciliations, and exception handling across a variety of products.

Working in a hybrid setup (3 days in office), you will collaborate with Trade Support, custodians, clearing brokers, and counterparties to ensure accurate books, records, and efficient processing.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, Economics, or related discipline; all majors considered.
• 1-3 years of experience in financial services, investment operations, trade support, confirmations, settlements, or related function.
• Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments.
• Proficiency with Microsoft Office; Aladdin experience a plus.
• Understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation is a plus.
• Ability to work with internal teams, custodians, clearing brokers, broker-dealers, counterparties, or fund administrators to resolve operational issues.
• Strong attention to detail and analytical thinking; able to investigate exceptions and reconcile breaks.

Responsibilities

• Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
• Maintain derivative trade activity in Aladdin to support accurate books and records, positions, and operational data.
• Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows.
• Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and upscale trade, cash, position, and commission breaks.
• Research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
• Follow documented procedures, complete daily checklists, escalate issues as needed.
• Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
• Contribute to process improvements by identifying manual tasks and opportunities to improve workflow efficiency.

Skills

Attention to detail

Analytical thinking

Derivative operations exposure

Microsoft Office

Education

Bachelor's degree in Finance, Accounting, Business, Economics, or related discipline

Tools

Aladdin

Job description

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

In this role, you'll play an important part in supporting PGIM's Derivative Operations, gaining broad exposure across FX, futures, options, swaps, and other cleared, bilateral, and exchange-traded products. You'll help ensure the smooth execution of post-trade activity across confirmations, settlements, clearing, reconciliations, collateral, and margin, while investigating and resolving exceptions. You'll work closely with Trade Support, Operations partners, custodians, clearing brokers, broker-dealers, and counterparties, making this a great opportunity for someone who enjoys solving problems, working across teams, and building expertise across the derivatives lifecycle.

This position is based in our office in Newark, NJ and will follow a hybrid schedule. Our organization follows a hybrid work structure ( 3 days in office) where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
• Assist with maintaining derivative trade activity in Aladdin and related platforms to support accurate books and records, positions, and operational data.
• Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows under established procedures and controls.
• Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and upscale trade, cash, position, and commission breaks.
• Partners with internal teams and external parties to research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
• Follow documented procedures, complete daily checklists, escal
• Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
• Contribute to process improvement efforts by identifying manual tasks, recurring issues, and opportunities to improve workflow efficiency.

What you will bring

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related discipline preferred. All majors considered.
• 1-3 years of experience in financial services, investment operations, trade support, confirmations, settlements, collateral management, or a related operations function.
• Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments preferred.
• Proficiency with Microsoft Office Suite; experience with Aladdin or other investment operations platforms a plus.
• Basic understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation processes a plus.
• Ability to work with internal teams, custodians, clearing brokers, broker-dealers, counterparties, or fund administrators to resolve operational issues.
• Strong attention to detail, analytical thinking, and ability to investigate exceptions, reconcile breaks, and elevate issues appropriately.
• Interest in operational risk, controls, and process improvement within a derivative operations environment.

PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

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 $90,000 to $105,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

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), an