Job Description:

Job Classification:

Finance & Accounting - Finance & Accounting

Company Overview:

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the world’s top-10 largest asset managers. Comprised of seven self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firm’s ultimate objective to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.

Our Business:

As one of the largest real estate managers in the world with more than $180 billion in gross assets under management and administration, PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. Our scope of insights, rigorous risk management and seamless execution are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing and the deep local expertise of professionals in 32 cities globally.

Through our investment, financing, asset management and talent management approach, we engage in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. When you join our team, you’ll find yourself inspired by an inclusive company culture that believes that diversity of all kinds allows us to develop better and more innovative solutions for our clients.

Prudential Real Estate Loan Services, Inc (“PRELS”) is a subsidiary of PGIM Real Estate and one of the largest commercial and multifamily mortgage servicing firms in the nation. PRELS manages a wide variety of mortgage investments that include Prudential’s General Account, Institutional, CMBS, Fannie Mae, Freddie Mac and FHA loans.  The Company is a rated Primary, Master, and Special Servicer.  PGIM Real Estate is one of the nation’s largest full-service commercial, multi-family and agricultural real estate lenders and has been serving the commercial real estate market for over 125 years.

PRELS is seeking a Cash Management Specialist who will be responsible for supporting the PGIM Real Estate Loan Services business, specifically the Treasury team, Loan Servicing, Investor Reporting and Agency Accounting groups.  The position will report to the Director of Treasury services.  The role is responsible for the daily cash management, money movement, tracking and reconciliation and other Cash Management Treasury functions, including problem solving, analysis and reporting. 

This role requires a high degree of Cash Management experience, analytical skills and the use of technology, along with a secondary understanding of the real estate terminology.  These skills will lead to success in problem solving, data extraction and big data analysis views, while partnering closely across the Loan Services business and IT teams to timely solve Treasury, Vendor and other analytical and reporting problems.

This is an outward facing role requiring strong communication, organization and problem solving skills. 

Your Impact:

• Daily execution and tracking of various types of transactions via multiple Treasury systems.




• Daily liquidity management of cashflows, money movement analysis and cash reporting.




• Interface regularly with Corporate partners and designated Vendors.




• Interface with 3rd party banking partners, developing business relationships in accordance with financial services agreements, fee agreements and reporting.




• Candidate will need to learn PGIM’s proprietary Treasury management, Servicing system, Loan Connect applications to perform both the Treasury and Analytical functions required of the role.




• Candidate will need to learn the Loan Servicing data structure, data extraction tools and the reconciliation process thereof to confirm the accuracy of the exercises and projects




• Creating and maintaining documentation on processes, policies, to ensure compliance to business requirements.




• Assist with Audit and Ad hoc reporting requests.

Your Required Skills:  

• Bachelor’s degree in business, finance, or other degrees considered.




• Previous Cash Management and/or Treasury work experience preferable.




• Must be experienced across multiple Microsoft Office applications; Advanced Excel skills are required




• Must be detailed oriented and have strong problem solving and analytical skills.




• Excellent verbal and written communication skills are essential.




• Working knowledge of SQL is preferable but not required.




• Experience in manipulating large amounts of data while understanding related object/field functions.




• Preference given to individuals with Cash Management and/or Treasury experience, specifically if in the mortgage loan real estate industry.

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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.

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