1+ months

Director Compliance PGIM Fixed Income - PGI000CU

Newark, NJ
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Primary Location United States-New Jersey-Newark (NJ)

PGIM Fixed Income, a division of PGIM Inc., an SEC-registered investment adviser, Commodity Trade Adviser and business unit of Prudential Financial, is seeking a Compliance Director with expertise in Fixed Income and related investment advisory and investment company regulation to assist the Fixed Income Compliance Team in overseeing a full range of regulatory matters that arise in connection with our Fixed Income asset management activities. PGIM Fixed Income has over $920 billion in assets under management as of June 30, 2020, with a broad array of fixed income strategies and client types including institutional separate accounts, sub-advised mutual funds, CLOs, offshore and onshore commingled and separate client accounts.


PGIM Fixed Income has a strong commitment to its customers, including mutual fund investors, corporations, public retirement funds, Taft-Hartley plans, sovereign wealth funds, insurance companies, foundations, and endowments. Qualified candidates will be expected to be knowledgeable about applicable CFTC and/or SEC regulations and building compliance processes and associated policies and procedures necessary to support a compliance program.


Principal Responsibilities:


  • Promote Prudential's reputation for ethics and integrity.

  • Address regulatory compliance issues relating to Fixed Income fund investment and product development, including private fund regulation and related compliance issues

  • Review and advise the regulatory filing process

  • Conduct compliance risk assessments

  • Execute and manage team projects

  • Participate in new product development and product launches;

  • Monitor and advise on new Regulations and related policy and compliance activity,

  • Partner with the business to draft, update and implement new Fixed Income policies, procedures and processes,

  • Work with the regulatory team to manage internal and regulatory audits for Fixed Income investment adviser

  • Establish regulatory processes and controls and recommend and implement enhancements based on new business initiatives






  • Ten plus years of asset management compliance experience, with demonstrated expertise in Fixed Income products, markets, strategies and the laws and rules applicable to Fixed Income Portfolio Management

  • Working knowledge of the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, the Securities Act of 1933 and Securities Exchange Act of 1934

  • Substantial experience with regulatory and investment issues facing financial institutions

  • Senior level communication skills

  • Experience with Fixed Income markets

  • Confident self-starter with demonstrated ability to manage conflicting priorities with varying deadlines

  • Experience in managing complex regulatory filings and communications

  • Experienced with rules, regulations and policy issues of the CFTC, NFA and FINRA relating to Fixed Income Investment Management

  • Insurance or trust bank experience useful

  • JD and/or CFA a plus

  • Openness to new ideas and seeks opportunities to learn

  • Professional skepticism in assessing appropriateness, objectivity and independence

  • Understand key business risks, marketplace and regulatory environment

@!*!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 companys 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. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Posted: 2020-09-05 Expires: 2020-11-16
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Director Compliance PGIM Fixed Income - PGI000CU

Newark, NJ

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