PGIM Private Capital - Senior Investment Associate, Mezzanine Finance at Prudential Ins Co of America in Chicago, Illinois

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 Senior Investment Associate will play a critical role in sourcing, underwriting and management of investments on behalf of the Prudential Private Capital (PPC) corporate mezzanine fund (currently investing out of PGIM Capital Partners VI, a $2.23 billion capital commitment’s vehicle) and interacting periodically with the fund’s LP investors. In this role, the Senior Investment Associate will have the opportunity to leverage existing background and career experiences, while also developing a unique blend of skills involving financial analysis spanning the capital structure, direct transaction sourcing, structuring, and negotiating new senior debt, subordinated debt and structured equity transactions. PPC’s clients range from sponsor backed and non-sponsor backed businesses across a range of sectors, where we support a variety of growth, M&A, recapitalization and refinancing needs.

What you can expect

• Collaborating with other professionals to make investment decisions across the full investment lifecycle (underwriting and portfolio management through to realization)


• Negotiating terms of investments and assisting in structuring and documentation of new transactions


• Business development/transaction origination:  Generating new deal flow through direct calling on intermediaries and sponsors.


• Collaborating with other professionals (including frequent and direct access with dedicated partners on the fund’s investment committee) on special projects that help to guide and evolve the fund’s activities and strategy


• Periodic interaction with the fund’s investors and operations team

Required Skills:

• 5 years of financial modeling experience including cash flow analysis, scenario analyst, and break even analysis.


• Specific experience with subordinated debt or preferred equity transactions


• Work experience and training within an investment bank, private equity, or private credit firm


• Undergraduate degree in Accounting or Finance with strong academic performance.


• Strong writing, interpersonal and communication skills


• Participation in the Chartered Financial Analysts® (CFA) program is a plus

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

About PGIM Private Capital

At PGIM Private Capital, expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of forward-thinking, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield and mezzanine investments. We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.

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.