Senior Credit Analyst, Consumer ABS (Hybrid)

PGIM, Inc.; Newark, Northern (NJ, KY); Hybrid; USD 145,000 - 155,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with company match

Pension plan

Wellness programs

Job summary

PGIM, the global asset management arm of Prudential, seeks a Consumer ABS credit researcher to join the Securitized Products group within PGIM Credit. You will analyze collateral, monitor portfolio risk, and help formulate Consumer ABS strategy alongside ABF and ABS teams.

The role emphasizes quantitative analysis, internal credit ratings, and ESG considerations, with collaboration across investment banking, portfolio management, and external partners. Hybrid work is offered.

Qualifications

• 4-7 years of relevant experience in fixed income, securitized products, or consumer finance, with meaningful exposure to Consumer ABS or related consumer credit products.
• Strong analytical and quantitative skills.
• Exposure to consumer loan collateral, securitization structures, cash flow analysis, and key drivers of Consumer ABS performance are required.
• Proficiency in Excel and some experience working with large datasets is required.
• Strong attention to detail and ability to manage multiple assignments in a fast-paced environment.
• Excellent communication and presentation skills, with the ability to articulate investment views clearly.
• Intellectual curiosity and strong interest in Consumer ABS and consumer lending markets.

Responsibilities

• Contribute to capital deployment strategies by identifying high-impact opportunities across Consumer ABS sectors and issuers, fueling investment idea generation and market positioning.
• Present and support investment research and relative value trading strategies to the ABS portfolio management team, shaping the risk and positioning of the Consumer ABS book.
• Engage with an issuer’s executive team to analyze business models, operational strategies, and financial health in the process of developing and maintaining internal credit ratings.
• Assess issuer performance by integrating bottom-up historical data with top-down macroeconomic trends to inform risk-return expectations and influence security level buy, hold, or pass decisions.
• Design, enhance, and maintain analytical tools and visualizations to strengthen risk and analytics frameworks, to drive actionable data driven insights.
• Impact Consumer ABS sector strategies by monitoring emerging consumer borrower performance trends, macroeconomic indicators, and legal and regulatory changes.
• Track Consumer ABS portfolio positions to evaluate credit risk, rating stability, and cash flow dynamics, while identifying trading opportunities.
• Advance ESG integration by contributing to proprietary ESG Impact Ratings and documenting ESG engagements.
• Build and nurture relationships with market participants, including buy-side investors, legal teams, rating agencies, sell-side firms, and trustees—to gain insights on emerging market dynamics.

Skills

Fixed income

Securitized products

Consumer ABS

Excel

Data analysis

Attention to detail

Communication skills

Presentation skills

Analytical skills

Tools

Python

Power BI

Tableau

Intex

Job description

PGIM, the global asset management arm of Prudential, seeks a Consumer ABS credit researcher to join the Securitized Products group within PGIM Credit. You will analyze collateral, monitor portfolio risk, and help formulate Consumer ABS strategy alongside ABF and ABS teams.

The role emphasizes quantitative analysis, internal credit ratings, and ESG considerations, with collaboration across investment banking, portfolio management, and external partners. Hybrid work is offered.