1+ months

PGIM O&S - Investment Operations Associate (Trade Management) - TRA000AO

Prudential
Newark, NJ
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  • Job Code
    573479
Primary Location United States-New Jersey-Newark (NJ)
Job:Full-time
Travel:No
Description
!*!Opportunity Awaits!

We are looking for Investment Operations Associates to join the PGIM Operations & Systems Team. Prudential Financial helps individual and institutional customers grow and protect their wealth. We are known for delivering on our promises to our customers and are recognized as a trusted brand and one of the world's most admired companies.

Are you looking for a career that helps you apply your love of data, financial analysis, and investments to inform business strategy and work with diverse teams on challenging projects? Are you interested in pursuing a full-time Associate role that is focused on developing technical and professional skills while collaborating alongside leaders in the asset management community? If you are results driven, motivated, have a passion for working with financial data, and are deeply analytical and highly innovative, then Prudential's PGIM Investment Operations Associate role is the position for you!

Who are we?

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Our businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. Within Prudential, PGIM is our global investment management business. It is a name that stands for long-term conviction in asset management. With a powerful multi-manager model and a steady hand in a volatile world, PGIM is built on strength, stability and a 140-year legacy.

PGIM Operations provides the support that allows Prudential to be a top 10 worldwide institutional money manager with over $1 trillion in assets under management. To learn more, please visit: www.PGIM.com

Who We Look For:

Investment Operations Associates are empowered to contribute in a meaningful way, add value to organization initiatives and effect change. There can be a variety of areas where the successful candidate may be placed.

PGIM Investment Operations:

1. Accounting: Validation of portfolio and transaction level activity including trades, income payments, corporate actions and deal restructurings in sub-ledger systems; Preparing and verifying general ledger entries; Completing reconciliations to custody banks, trade systems and financial statements; Providing various reports to business partners
2. Common Data Admin (CDA) / iRisk Data Integrity Group: Oversight of portfolio and security level financial data quality in the investment risk data warehouse, accounting system and reporting databases; Submission and verification of adjustments to financial data; Performing reconciliations;
Supporting data analysis, inquiries and projects
3. Reporting: Supporting business partners by preparing, analyzing, and distributing limit monitoring, activity and holdings reports on a daily, weekly, monthly, quarterly, and annual basis sourced from ledger as well as various internal data warehouses; Preparation of monthly, quarterly, and annual Statutory and GAAP reporting
4. Trade Management: Providing trade support functions including settlement/disbursement, custody, deal capture and performance reporting; Executing cash and trade settlements and support the loan origination business; Performing SVO filings and various Enterprise and Asset management reports


Qualifications
@!*!
  • Bachelor's degree in Accounting, Economics, Finance or Business
  • Minimum 3.0 GPA required
  • Ability to understand and analyze basic accounting principles and financial statements
  • Strong written, oral communication, and interpersonal skills
  • Intermediate advanced proficiency with Microsoft Excel and Word


@!*!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.
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Posted: 2020-01-07 Expires: 2020-03-09

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PGIM O&S - Investment Operations Associate (Trade Management) - TRA000AO

Prudential
Newark, NJ

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