1+ months

PGIM Fixed Income - Associate Manager, Securities Lending Operations - GLO000OD

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

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, New Jersey, Amsterdam, London, Tokyo and Singapore. As of March 31, 2020, the firm has $868 billion of assets under management including $348 billion in institutional assets, $174 billion in retail assets, and $346 billion in proprietary assets. Over 800 institutional asset owners have entrusted PGIM Fixed Income with their assets.

The Securities Lending & Short-Term Product Support Associate Manager is responsible for direct supervision of a team while providing operational, research, and analytical support to the Sec Lending and Short-Term Money Markets investment desks within PGIM Fixed Income. This individual is responsible for increasing organizational capabilities through efficiencies and scale. The Associate Manager is expected to anticipate issues that may introduce risk, cause errors and adversely affect the performance of our clients and funds. They will also provide support to the team in solving problems and incorporating new processes to mitigate risk. Coaching, developing and leading by example will be some of the expectations of this individual with respect to talent management. The operational functions supported by the team include daily trade settlement and issues resolution, fails management, Cash and Position Reconciliation, Collateralization, Bank and Broker billing.

Job responsibilities may include:
Project Management and developing Operational workflows to manage business initiatives
Daily managerial oversight of operational functions, conducting review of packages and providing sign off
Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies
Cultivating both internal and external relationships to ensure proper service levels are achieved for product and function supported
Keeping abreast of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes
Serving as primary liaison between the portfolio management and operations teams
Gathering and/or analyzing key metrics with regards to activity


3-5 years of experience supporting fixed income products or relevant experience
Previous supervisory experience preferred
Strong leadership skills
Strong desire to learn and develop others
Strong analytical & problem-solving skills
Ability to oversee both production and project deliverables
Strong communication skills (written & verbal)
Self-motivated & able to work within a team environment
Intermediate knowledge of MS Office & business applications
Solid understanding of business risk & operational controls
Enjoys a fast-paced, high-intensity 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: 2020-06-23 Expires: 2020-11-16
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PGIM Fixed Income - Associate Manager, Securities Lending Operations - GLO000OD

Newark, NJ

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