Job Description:

Job Classification:

Investment Management - Investment Operations

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:

At PGIM Private Capital, expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of bright, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield and mezzanine investments. We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.

Our Role:

PPC’s Performance Management and Reporting Team, located in Newark NJ, is seeking a bright, organized, and motivated leader to head the Performance Management Group. This team is primarily responsible for coordinating the calculation and reporting processes for PGIM’s private placement portfolio including portfolio management and total return reporting, track record preparation, IRR support, and enterprise assets under management. The proven leader will work independently on both structured responsibilities and project work and will liaise with senior investment leaders across PPC and will own all aspects of the activities involved.  In addition, a proven technology mindset and capability is required as this person will play a lead role in an important initiative to develop the new performance management platform for PPC.  The ability to analyze results is critical and a working knowledge of valuation private investments, and related analytics associated with performance and valuation, is important.
 

Your Impact:

• Team Leader for all performance and related reporting functions.


• Day to day responsibility for the calculation and reporting of investment returns across the private portfolio. Modified Dietz, IRRs. Total Return, etc.


• Cross functional team member on PPC’s data enhancements team.


• Track record development and maintenance.


• Accountability for controls and accuracy.


• Portfolio Manager and Client Reporting Team support.


• Lead contact point with Investment teams on performance calculations, results, attribution, and marketing materials.


• Business Analysis lead for systems used for these functions and lead role in systems replacement and enhancement projects.


• Cross functional project team member to assess functional integration across portfolios where desired.


• Industry resource knowledge of compliance / SEC guidance for performance calculations and reporting.


• Assess and develop cash flow tracking mechanisms across various portfolios in support of the performance process.


• Support of investor reporting, including Prudential’s general account and PPC’s 3rd party clients and funds.

• Point of contact for internal and external audits, SOX, and EUC related issues


• Lead and develop staff


• Review and verify reports completed by staff members prior to distribution and, at times, prepare some of the more complex data reports.


• Analyze current processes to find efficiencies


• Lead special projects, initiatives and ad-hoc report and analysis requests


• Support new business initiatives

Your Required Skills:

• Bachelor’s or Graduate degree. Preferred majors include Accounting, Economics, Finance, Mathematics, or Business.


• 15+ years of financial reporting and analysis experience.


• Working knowledge of fixed income securities.  Private Placements a plus.  Valuation a plus.


• Industry knowledge of investment performance calculations and requirements.

Your Desired Skills:

• Attention to detail and ability to effectively prioritize competing demands under challenging time frames.


• Strong Leadership and Executive Presence.


• Strong analytical and problem-solving skills


• Strong partnering and collaboration skills


• Highly motivated, proactive; strategic thinker


• Strong writing, interpersonal and communication skills


• Demonstrated experience in leading and developing a team of associates


• Experience with technology implementations.


• Project management and business analysis skills


• Proficiency with Microsoft Office computer programs, specifically Excel


• Ability to work overtime during peak periods

Our Culture:

Prudential is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential employees have a unique opportunity to build their career path by owning their development, their career and their future. We encourage employees to utilize the internal “Skills Accelerator” to hone their skills and explore the opportunities available to them within Prudential.

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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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