PGIM - Senior Director, Trade Management and Execution (Asset Based Finance)

PGIMNewark, New JerseyHybridFull-timePrincipal, 12–15+ yearsListed 1 hour ago

Apply now

About this role

Job Classification:
Investment Management - Investments

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 can expect

The Senior Director will work closely with Asset-Based Finance leadership to support the management and continued growth of the ABF platform. The role will sit at the intersection of investment management, transaction execution, portfolio management and client engagement. The individual will operate across both the investment and business-management sides of an ABF platform, having strong organizational and analytical skills with the ability to coordinate across multiple stakeholders.

This position follows a hybrid work model, with working 3 days in the Newark, NJ office and 2 days remote.

What you will do

- Portfolio Management & Capital Allocation

- Support the ABF platform in managing capital allocation, including evaluating investment opportunities relative to portfolio objectives, available capital and client mandates.

- Assist with portfolio construction, investment pacing and ongoing monitoring of exposures across ABF strategies.
- Coordinate trade bookings and ensure investments are appropriately reflected across relevant portfolios and accounts.

- Transaction Execution Support transaction execution from investment approval through closing and funding.
- Coordinate operational workflows associated with new investments, including trade booking, funding mechanics and ongoing transaction administration.
- Partner with internal and external stakeholders to coordinate operational workflows on new investments and ensure accurate bookings / trade details, reporting metrics, and settlement monitoring.
- Assist with rate hedging and other portfolio-level risk-management activities where appropriate.

- Client Portfolio Management

- Support discussions with existing clients regarding additional capital allocations and opportunities to expand or upsize ABF mandates.
- Partner with sales and distribution teams on existing and prospective ABF client relationships.

What you will bring

- Bachelor's degree in business, finance, or related field
- 10-15 years of experience in portfolio management support, structured products, private credit, asset-based finance, or fixed income
- Strong analytical and quantitative skills with excellent written and verbal communication skills.
- Expertise in excel, financial model, Bloomberg, Intex, Aladdin, or similar investment platforms.
- High attention to detail and ability to manage multiple priorities in a fast-paced environment.

What will set you apart

- Strong understanding of fixed income and structured credit markets.

- Working knowledge of securitization structures and collateral performance metrics.
- Exposure to portfolio risk analytics, investment performance attribution, and valuation processes.
- Experience working with institutional asset management or insurance investment portfolios.

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The annual base salary range for this role is from $200,000 to $215,000 . Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also 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.

#LI-SC1

#LI-Hybrid

What we offer you:

#

- Market competitive base salaries, with a yearly bonus potential at every level.
- Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
- 401(k) plan with company match (up to 4%).
- Company-funded pension plan.
- Wellness Programs 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 and mental health, and career development.
- Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
- Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

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

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.

If you need an accommodation to complete the application process, please email [email protected] .

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.