Senior Analyst, Middle Office | PGIM Investment Operations (Hybrid / Newark, NJ)

Prudential Financial, Inc; Newark (NJ); Hybrid; USD 80,000 - 95,000; Full time

Benefits offered by this job

Market-competitive salary

Bonus potential

401(k) match

Pension plan

Wellness programs

Education benefits

Employee stock purchase plan

Job summary

Prudential Financial, Inc. in Newark, NJ seeks a Senior Analyst to provide day-to-day operational support for PGIM Credit's Securities Lending business.

You will partner with traders, brokers, custodians and internal teams to ensure timely, accurate processing across cash-collateralized lending, with a strong emphasis on control and risk management. The role requires 3–5 years in fixed income operations and a proactive approach to continuous improvement.

Qualifications

• 3–5 years of experience in fixed income operations, middle office, trade support, settlements, collateral management or securities lending.
• Understanding of fixed income products, lifecycle controls and settlement practices.
• Strong analytical, problem-solving and risk assessment skills.
• Excellent written and verbal communication with multiple stakeholders.
• Ability to manage competing priorities in a fast-paced environment.
• Proactive, detail-oriented with a focus on control and process improvement.
• Ability to balance daily production with projects and automation initiatives.

Responsibilities

• Monitor and support daily settlement of securities lending loans, returns, recalls, restructures and related activity.
• Serve as primary operational contact for traders, brokers, custodians and internal partners across the loan lifecycle.
• Coordinate issue resolution, communicate status, risks and actions clearly and timely.
• Identify and mitigate risks related to settlement fails, recalls, corporate actions and overdrafts.
• Support cash-collateralized lending for fixed income products per controls and procedures.
• Analyze activity, trends and metrics for management reporting and risk monitoring.
• Partner with technology/ops to identify automation opportunities and reduce manual risk.
• Maintain relationships to support service levels and escalation in the Securities Lending platform.
• Stay informed on industry initiatives and regulatory developments affecting operations.

Skills

Fixed income operations

Securities lending knowledge

Risk assessment

Analytical skills

Communication

Time management

Tools

Spire

EquiLend

Loanet

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

The Senior Analyst will provide day-to-day operational support for PGIM Credit's Securities Lending business. This role serves as a key control point across the loan lifecycle, supporting loan execution, returns, restructures, recalls, settlements management, and related issue resolution.

In this role, you will partner closely with Securities Lending traders, broker-dealers, custodian banks, technology partners, and internal Operations teams to ensure timely, accurate, and well-controlled processing across cash-collateralized lending activity, including Corporate Bonds and U.S. Treasury securities. The successful candidate will bring strong operations knowledge, attention to detail, sound judgment, and a proactive approach to risk reduction, escalation, and process improvement.

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

• Monitor and support the daily settlement of securities lending loans, returns, recalls, restructures, and sale-related activity, ensuring timely resolution of exceptions and breaks.
• Act as a primary operational point of contact for Securities Lending traders, broker-dealers, custodians, and internal Operations partners across the loan lifecycle.
• Manage operational issues through resolution, coordinating across impacted teams and communicating status, risks, and required actions clearly and timely.
• Identify, elevate, and mitigate risks related to settlement fails, buy-ins, loan recalls, corporate actions, restructures, overdrafts, and client or portfolio impact.
• Support cash-collateralized lending activity for fixed income products, including Corporate Bonds and U.S. Treasury securities, in accordance with established controls and procedures.
• Analyze activity, trends, breaks, and key operating metrics to support management reporting, risk monitoring, and continuous improvement.
• Partner with technology and operations teams to identify automation opportunities, reduce manual risk, improve scalability, and enhance the overall control environment.
• Maintain strong internal and external relationships to support service levels, timely escalation, and effective issue resolution across the Securities Lending platform.
• Stay informed on industry initiatives, market structure changes, settlement practices, and regulatory developments that may affect securities lending operations.

What you will bring

• 3-5 years of relevant experience in fixed income operations, middle office, trade support, settlements, collateral management, or securities lending operations; direct securities lending experience strongly preferred.
• Understanding of fixed income products, trade lifecycle controls, settlement practices, collateralized lending activity, and exception management.
• Strong analytical, problem-solving, and risk assessment skills, with the ability to identify root causes and drive timely resolution.
• Excellent written and verbal communication skills, including the ability to coordinate effectively with front office, brokers, custodians, technology, and operations stakeholders.
• Demonstrated ability to manage competing priorities, meet deadlines, and perform effectively in a fast-paced, high-volume environment.
• Proactive, detail-oriented, and accountable, with a continuous improvement mindset and commitment to a strong control environment.
• Ability to balance daily production responsibilities with project, automation, and process enhancement initiatives.
• Proficiency with Microsoft Office and business applications

What will set you apart?

• Experience with securities lending, trade support, or settlement platforms such as Spire, EquiLend, Loanet, Aladdin, or custodian systems is preferred.

What we offer you

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 $80,000 to $95,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

• 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, 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.