PGIM Fixed Income: Senior Associate, Performance Reporting (Hybrid / Newark, NJ) at Prudential Ins Co of America in Newark, New Jersey

Job Description:

Job Classification:

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re 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.

At PGIM, You Can!

What you will do

The Accounting and Performance team within PGIM Fixed Income works in a fast-paced, collaborative environment. Our ideal candidate should have knowledge of various Fixed Income products and understand portfolio accounting and performance concepts. The candidate should also be a self-starter who can take a vision and create solutions using adept problem-solving abilities.

The primary responsibilities include performing Net Asset Value (NAV) reconciliations, validation and reporting of book value, book yield and gain/loss data, analyzing monthly portfolio returns, and helping the team with data requests and reports.

This role is a hybrid work model requiring working in our Newark, NJ office 2-3 days a week.

What you can expect

• Work within the team to produce and verify portfolio returns and NAVs across our different vehicles




• Resolve processing-related quality control exceptions for accurate accounting and performance results




• Review reconciliations to custodian banks and accounting agents to prevent and resolve NAV/performance discrepancies before closing and publishing accounting records




• Analyze current processes and identify areas needed for improvement




• Support day-to-day business issues




• Keep abreast of industry initiatives and market trends that impact the business to continue to improve efficiencies

What you will bring

• 0-3 years in an accounting related role; experience working within an Asset Manager is a plus but not required




• Familiarity with and understanding of Fixed Income instruments through completing relevant coursework, internships, or other experience




• Excellent written, verbal communication, and interpersonal skills, including the ability to effectively give/receive feedback and share ideas




• A numbers-oriented individual with keen attention to detail and analytical aptitude




• Being able to see patterns trends in a data set and draw meaningful conclusions from it is a plus




• Comfort with using new technology




• Knowledge of SQL and ability to work with databases and large datasets a plus




• An entrepreneurial spirit with a willingness to learn and develop new skills




• Determination and ability to thrive in a fast-paced environment while working on multiple tasks both independently and on a team

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

• Medical, dental, vision, life insurance and PTO (Paid Time Off)




• Retirement plans:




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




• Company-funded pension plan




• Wellness Programs to help you achieve your wellbeing goals, 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 health, and career development.




• Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.

To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $70,000 to $80,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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.

About PGIM Fixed Income Group PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $821Bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, 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. 

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

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, 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. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

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.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.