Senior Investment Associate — Hybrid (Newark) Private Credit

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

Benefits offered by this job

Yearly bonus potential

Medical, dental, vision

401(k) with company match

Pension plan

Wellness program

Work/Life resources

Education benefit

Employee stock purchase plan

Job summary

PGIM in Newark, NJ seeks a Senior Investment Associate to join the Asset Based Finance (ABF) team, supporting origination, underwriting, structuring, execution, and portfolio management of private credit investments.

The role offers broad exposure across the investment lifecycle and the opportunity to work with senior investors, with a hybrid schedule: three days in the Newark, NJ office and two days remote.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field.
• 4+ years of experience in private credit, leveraged finance, structured credit, or related investing roles.
• Strong credit underwriting and experience across full transaction lifecycle.
• Demonstrated experience building and interpreting financial models.
• Ability to evaluate complex deal structures and manage deadlines.

Responsibilities

• Perform detailed credit analysis of borrowers, collateral pools, and counterparties.
• Build and maintain financial models, cash flow analyses, stress scenarios, and sensitivity analyses.
• Conduct industry and market research to support investment decisions.
• Prepare investment memoranda and underwriting materials for internal approval.
• Coordinate execution workstreams and closing processes.
• Present transaction analyses and recommendations to investment committees.

Skills

Strong credit underwriting

Financial modeling

Deal execution lifecycle

Attention to detail

Multi-transaction management

Education

Bachelor's degree in Finance/Economics/Accounting

Tools

Excel

PowerPoint

Job description

PGIM in Newark, NJ seeks a Senior Investment Associate to join the Asset Based Finance (ABF) team, supporting origination, underwriting, structuring, execution, and portfolio management of private credit investments.

The role offers broad exposure across the investment lifecycle and the opportunity to work with senior investors, with a hybrid schedule: three days in the Newark, NJ office and two days remote.