Senior CMBS Research Analyst

Prudential Annuities Distributors (PAD); The Ironbound (NJ); Hybrid; USD 145,000 - 155,000; Full time

Benefits offered by this job

Bonus potential

Medical, Dental, Vision Insurance

PTO and Parental Leave

401(k) with company match

Pension plan

Wellness programs

Education benefit

Employee Stock Purchase Plan

Job summary

PGIM is seeking a CMBS-focused investment professional within the Securitized Products group to analyze CMBS and digital infrastructure investments, monitor portfolio positions, and contribute to investment decision-making. You will work with portfolio management, diligence providers, and external market participants to support execution and market insight.

The role emphasizes building internal credit views, modeling, and scenario analyses, with collaboration across teams in a fast-paced

Qualifications

• Bachelor’s degree required with 4–7 years of relevant experience in fixed income, securitized products, commercial real estate finance, digital infrastructure, or securitized products research.
• Strong analytical and quantitative skills with solid capabilities in fixed income mathematics, credit analysis, cash flow analysis, and scenario modeling.
• Programming and data visualization experience preferred (Python, Power BI, Tableau, or similar).

Responsibilities

• Analyze CMBS transactions across new issue and secondary markets, including collateral characteristics and loan structure.
• Develop and maintain internal credit views and relative value assessments for CMBS investments.
• Build models, scenario analyses, and visualization tools to assess bond performance under varying factors.
• Assign and monitor internal credit ratings and monitor rating stability and risk.
• Review transaction documents, third-party reports, and deal-specific considerations.
• Monitor portfolio holdings and market developments affecting risk and return.
• Collaborate with portfolio managers, traders, and other teams to formulate investment recommendations.

Skills

Analytical thinking

Quantitative skills

Communication skills

Presentation skills

Attention to detail

Ability to work under pressure

Education

Bachelor’s degree

Tools

Python

Power BI

Tableau

Excel

Intex

Trepp

Bloomberg

Real Capital Analytics

Job description

PGIM is seeking a CMBS-focused investment professional within the Securitized Products group to analyze CMBS and digital infrastructure investments, monitor portfolio positions, and contribute to investment decision-making. You will work with portfolio management, diligence providers, and external market participants to support execution and market insight.

The role emphasizes building internal credit views, modeling, and scenario analyses, with collaboration across teams in a fast-paced