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

Prudential Financial, Inc.; Newark (NJ); Hybrid; USD 90,000 - 105,000; Full time

Benefits offered by this job

Market competitive base salary with a

Annual bonus eligibility

Medical, dental, vision, life, and bus

401(k) with match

Pension plan

Job summary

Prudential Financial, Inc. in Newark, NJ, is seeking a Derivative Operations professional to support post-trade processing for derivatives across confirmations, settlements, and reconciliations.

The role offers exposure to FX, futures, options, swaps, and other cleared and bilateral instruments, with collaboration across Trade Support and custodians. The position follows a hybrid work structure (3 days in office) to encourage collaboration, with remote work options based on task needs.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline preferred.

Responsibilities

• 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 elevate 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, elevate issues timely, and support control, audit, and risk management activities as needed.
• 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.

Education

Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline preferred. All majors considered.

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 elevate 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, elevate issues timely, and support control, audit, and risk management activities as needed.


• 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), 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, 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.

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.