15 hours

Business Analyst - Fixed Income

Newark, NJ
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Position Title: Business Analyst - Fixed Income
Job Code: 468838
Job Location: New Jersey-Newark

PGIM Fixed Income is one of the largest fixed income asset managers globally, managing assets for institutional, retail and affiliated clients worldwide, with headquarters in the United States (Newark, NJ) and offices in London, Ireland, Tokyo and Singapore.

We have a need for a Business Analyst who will be responsible for supporting various initiatives across PGIM Fixed Income with an emphasis on understanding the project(s) requirements from the business perspective and to ensure those requirements are translated into the appropriate functional deliverables. This role liaises with IT and Business Stakeholders in supporting project implementation, documenting and validating system requirements, identifying and recommending solutions for improving existing processes and technology needs that will enable the Business Stakeholders to achieve their goal(s). The group supports the following business areas:  Portfolio Management and Analysis, Operations, Compliance, Client Services and Credit Research and Performance Reporting.  The group leads/participates in 1) Technology projects 2) Infrastructure upgrades 3) Process Improvements 4) Strategic Business Initiatives.  The size and scope of projects may vary from small, tactical requests to large, strategic implementations, technical or non-technical efforts. The team is also responsible for providing general production support for the firm’s systems and processes across the various user groups.


  • Work closely with quantitate modeling team and structured finance desk.
  • Collaborate with business groups to define solutions to business needs.  This includes eliciting, analyzing and documenting business requirements, identifying multiple approaches, making recommendations and facilitating brainstorming and requirement walk-through sessions.
  • Partner with the Technology team. Analyzing and documenting systems / report design requirements which can include technical specifications, pseudo code, database table design, diagramming business process flows; to validate that the system solution meets the business need.
  • Conducting project related tests which include: developing detailed test plans, test cases and expected results; conducting tests; evaluating and documenting results.
  • Develop subject matter expertise on the trading, performance/attribution and risk analytics platforms.
  • Provide on-going support and troubleshooting production and test issues to perform root cause analysis, reconciliations, recommending corrective action and leading the resolution efforts.
  • Taking deep analytical dives on data while being able to conceptualize, synthesize and critically evaluate gathered information, and communicate findings and recommendations.


  • Undergraduate (B.S.) degree in Finance, Economics, Business, or Information System is preferred.
  • Minimum of 5 years of experience in the Financial Industry, specifically Fixed Income.
  • Experience with Blackrock Aladdin is highly desirable.
  • Previous experience with Bloomberg data is a big plus.
  • Previous working experience with fixing income quant team is desirable.
  • In-depth understanding of various Fixed Income instruments and their analytics, characteristics and benchmarks with proven knowledge of Derivatives and its processes is required.
  • Candidate must have highly developed analytical, conceptual and problem-solving skill sets. Position requires the ability to quickly trouble shoot issues and think outside the box.
  • Demonstrated ability to learn quickly and connect the dots, as well as demonstrate drive, resourcefulness, and personal ownership of assignments.
  • Ability to work independently is critical, as is the ability to work effectively in a diverse team environment and actively participate in assessing impact of requested changes on existing processes.
  • Possess excellent communication and interpersonal skills and comfortable working with all levels of an organization’s technology and business groups.
  • Proficient with MS Excel, MS Word, MS Visio and PowerPoint. Prior experience with JIRA and Confluence is a plus.
  • Systems Development Life Cycle (SDLC) experience is preferred.
  • Must be highly proficient in data manipulation and writing SQL queries.
  • Hands-on experience with any investment / trading system, or performance attribution system is a plus.
  • Ability to manage small team or projects is highly desirable.

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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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.
Job Function: Business Analysis/ QA Testing
Schedule: Full-time
Posted: 2018-12-13 Expires: 2019-01-12

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Business Analyst - Fixed Income

Newark, NJ

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