Senior Derivatives Operations Analyst

Prudential Ins Co of America; Newark (NJ); Hybrid; USD 90,000 - 105,000; Full time

Job summary

PGIM, the global asset management unit of Prudential, seeks a Derivatives Operations professional in Newark, NJ. You will support post-trade processing for derivatives, including confirmations, settlements, clearing, reconciliations, and exception handling across a variety of products.

Working in a hybrid setup (3 days in office), you will collaborate with Trade Support, custodians, clearing brokers, and counterparties to ensure accurate books, records, and efficient processing.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, Economics, or related discipline; all majors considered.
• 1-3 years of experience in financial services, investment operations, trade support, confirmations, settlements, or related function.
• Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments.
• Proficiency with Microsoft Office; Aladdin experience a plus.
• Understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation is 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 and analytical thinking; able to investigate exceptions and reconcile breaks.

Responsibilities

• Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
• Maintain derivative trade activity in Aladdin to support accurate books and records, positions, and operational data.
• Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows.
• Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and upscale trade, cash, position, and commission breaks.
• Research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
• Follow documented procedures, complete daily checklists, escalate issues as needed.
• Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
• Contribute to process improvements by identifying manual tasks and opportunities to improve workflow efficiency.

Skills

Attention to detail

Analytical thinking

Derivative operations exposure

Microsoft Office

Education

Bachelor's degree in Finance, Accounting, Business, Economics, or related discipline

Tools

Aladdin

Job description

PGIM, the global asset management unit of Prudential, seeks a Derivatives Operations professional in Newark, NJ. You will support post-trade processing for derivatives, including confirmations, settlements, clearing, reconciliations, and exception handling across a variety of products.

Working in a hybrid setup (3 days in office), you will collaborate with Trade Support, custodians, clearing brokers, and counterparties to ensure accurate books, records, and efficient processing.