Job Classification:

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

Are you a compliance professional with regulatory knowledge that enjoys working collaboratively?

PGIM Investments LLC (“PI”) Compliance is seeking an Analyst to be located in Newark, NJ to join its regulatory due diligence team. PI is an investment manager to the mutual fund complex within Prudential Financial, Inc. with over $250 billion in AUM. As part of its business, PI oversees a large number of affiliated and unaffiliated sub-advisers. The due diligence team provides compliance oversight of sub-advisers to the mutual funds, closed-end funds, and ETFs managed by PI. To facilitate this, the due diligence team performs regulatory due diligence reviews to evaluate the effectiveness of each sub-adviser’s compliance program.

The due diligence team monitors and reports to the mutual fund Boards on the sub-advisers ongoing compliance with Fund policies and procedures. The team is also responsible for assessing the compliance programs of certain key service providers. In addition, the team serves a center of excellence for third-party adviser due diligence throughout the Prudential organization.

It is anticipated that the Analyst will perform due diligence on the sub-advisers and key service providers, including initial, annual, and ad hoc reviews through a combination of virtual and on-site visits (as practicable), conference calls, and reviews of written questionnaires. The Analyst will prepare detailed reports of the diligence for recordkeeping and reporting to Fund Boards and management.

PI is the manager and/or co-manager to three fund complexes: the PGIM Retail Funds, Prudential Insurance Funds and PGIM Alternative Funds (collectively “PGIM Funds” or “Funds”). The PGIM Retail Funds include several open-end funds, ETFs, and closed end funds. The Prudential Insurance Funds consist of open-end funds that serve as underlying investment options for Prudential’s variable annuities business, group insurance business, individual life insurance business, and retirement business. The PGIM Alternative Funds include several funds that invest in private debt and private real estate. The PGIM Retail Funds, Prudential Insurance Funds and PGIM Alternative Funds are overseen by separate boards of directors/trustees (“Boards”).

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Review policies and procedures, RFPs, answers to compliance questionnaires, third party evaluations, and relevant regulatory developments prior to meeting with sub-adviser


• Conduct virtual and, on-site examinations of the sub-advisers


• Document findings and observations


• Report findings to senior Compliance management


• Draft related Board reporting


• Facilitate implementation of innovative technologies and processes


• Provide support for various ad hoc projects


• Participate in forensic testing initiatives

What you’ll need:

• Bachelor's degree required


• 1-3 years experience at a registered investment adviser or mutual fund


• Regulatory background in compliance, legal, audit or risk management


• Solid understanding of the Investment Company Act of 1940 and Investment Advisers Act of 1940

It’d be a plus if you had:

• Willingness to travel


• Knowledge of cybersecurity regulatory guidance applicable to investment advisers a plus;

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level


• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave


• Retirement plans:


• 401(k) plan with company match (up to 4%)


• Company-funded pension plan


• 
  Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs


• 
  Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.


• 
  Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.


• 
  Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $83,400.00 to $124,100.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

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 email accommodations.hw@prudential.com.

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