Job Classification:

• Investment Management
• Investment Operations

Job Description:

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, PGIM is always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

Overview:

The individual in this role will provide operational support for our Special Situations, Mortgaged Backed Securities (MBS), and Asset Based Finance business. Products supported by this team include Direct Lending, Opportunistic Credit, Distressed Debt/Restructures, Residential Mortgage Home Loans, and MBS. This role will primarily focus on assisting the Deal Teams with multiple operational facets of the deal set-up, settlement, and secondary trading process. There will be a high level of interaction with Portfolio Management, Legal, and other internal parties, as well as counterparties, custodians, and agent banks.

Primary Responsibilities:

· Actively facilitate the deal execution process for privately held assets, including trade capture, wire processing, settlement, and other steps required in coordination with multiple groups including deal team, internal counsel, fund management, data integrity, external parties, etc.

· Investment/trade capture of primary and secondary trading activity in Order Management System

· Primary and Secondary loan, bond, and equity trade settlements

· Wire management to ensure deals fund and wires are processed in a timely manner

· Service loans (rolling contracts) and complete private asset transfers

· Track investor cash

· Work with internal teams to help research and resolve cash and position reconciliation breaks

· Working with Custodian Banks and Servicers to rectify breaks

· Compile regular and ad-hoc reporting for various areas within the firm

· Assist in strategic initiatives related to technology and process enhancements

Requirements:

· Bachelors Degree in Finance, Accounting, Business, or related discipline

· 4-7 years of experience in Financial Services

· Experience with Residential Mortgage Loans, Private Credit, Restructures/Special Situations, Bond or Bank Loan Operations

· Experience interpreting Credit Agreements and Purchase Agreements

· Intermediate or Advanced skills with Microsoft Office Suite

· Detail oriented self-starter

· Ability to work alone and in a team environment, adaptability is key

· Strong, independent problem solving and critical thinking abilities

· Strong work ethic, honesty and integrity, as well as strong interpersonal and communication skills

· Ability to manage and prioritize multiple tasks in a deadline driven environment

· Strong knowledge of global trade lifecycle and industry technology (DTCC, CTM, Swift, Bloomberg)

· Experience working with Transfer Agents a plus

· Experience settling Delayed Draw Term Loans (DDTL) and Revolvers and instructing/settling DWAC, DRS, FOP, and physical bonds or equities a plus

· Experience with Aladdin/Aladdin Loan Manager and WSO (or other loan servicing platforms) a plus

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The annual base salary range for this role is from $115,000 to $130,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also eligible for additional compensation and/or benefits including a competitive, discretionary annual cash bonus opportunity along with long term incentive awards. Eligibility to participate in the discretionary annual incentive programs are subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

About PGIM Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With 1000+ employees and $862Bn assets under management as of March 2025, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Paris, Sydney, Zurich, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.

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.

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

• Company-funded pension plan.

• Wellness Programs 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.

• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.

• 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.

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

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

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.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.