Senior Associate, Investment Operations — Asset Based Finance

Prudential Financial, Inc; Newark (NJ); Hybrid; USD 130,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, vision

401(k) plan

Pension plan

Wellness programs

Education benefit

Employee Stock Purchase Plan

Job summary

Prudential Financial, Inc. in Newark, NJ is seeking a Senior Associate to lead a team supporting Asset Based Finance and Residential Mortgage Whole Loan products.

You will drive operational excellence, manage deal onboarding and settlements, and collaborate with Portfolio Management, Legal, and custodians to ensure accurate execution. The role requires 8+ years in Financial Services with investment operations experience and 3+ years of people leadership.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or related discipline preferred.
• 8+ years of progressive experience in Financial Services, with demonstrated experience in Investment Operations, Private Credit, Asset Based Finance, Residential Mortgage Loans, Restructuring, or related alternative investment products.
• 3+ years of people leadership experience including performance management, coaching, employee development
• Intermediate or Advanced skills with Microsoft Office Suite
• Exceptional ability to evaluate complex issues, exercise sound judgement, influence outcomes, and make risk-based decisions while escalating material matters appropriately
• Excellent leadership presence, communication, and stakeholder management skills with ability to influence across all levels
• Ability to manage and prioritize multiple strategic priorities in a deadline driven environment, while fostering accountability, collaboration, and development of the team

Responsibilities

• Lead, develop, and mentor a team of Investment Operations professionals, driving performance excellence, fostering career growth, and ensuring adherence to operational controls, policies, and risk management standards.
• Actively facilitate the deal execution process in coordination with deal team, counsel, fund management, and other internal and external stakeholders.
• Capture and maintain primary and secondary market trading activity within the Order Management System (OMS), ensuring accurate and timely IBOR positions and records.
• Manage end-to-end wire payment processes, ensuring efficient deal funding, settlement, and adherence to operational controls.
• Coordinate and execute private asset transfers.
• Manage daily production including cash forecasting and positioning.
• Work with internal and external stakeholders to research and resolve cash and position breaks.
• Prepare and distribute recurring and ad hoc reports to support business, operational, and management decision-making.
• Identify and implement process improvement and automation opportunities to increase operational efficiency, strengthen controls, and support business growth

Skills

People leadership

Microsoft Office

Stakeholder management

Analytical thinking

Communication

Prioritization

Education

Bachelor's degree

Tools

Aladdin

Job description

Prudential Financial, Inc. in Newark, NJ is seeking a Senior Associate to lead a team supporting Asset Based Finance and Residential Mortgage Whole Loan products.

You will drive operational excellence, manage deal onboarding and settlements, and collaborate with Portfolio Management, Legal, and custodians to ensure accurate execution. The role requires 8+ years in Financial Services with investment operations experience and 3+ years of people leadership.