Job Description

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the worlds top-10 largest asset managers. Comprised of seven self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firms ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.

Our Business:

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With 950 employees and $946bn 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.

Our Role:

We are looking for a motivated and bright individual like you to fulfill a CLO Portfolio Administration role within our dynamic environment. We are looking to showcase your success through initiative, ownership, analysis, communication and teamwork. Your curiosity about emerging trends and practices will stimulate brainstorming discussions with a group of like-minded professionals. This is a terrific opportunity to make a big impact in our organization, so if this sounds exciting, then the CLO Administration team might be the place for you.

Your Impact:

* Monitor CLO platform and provide solutions to support trading desk by determining investment eligibility across funds and leading trade testing efforts.
* Review and analyze legal documents to provide accurate investor reporting and understand all underlying eligibility requirement.
* Support fund launches by managing process from Pricing to Closing date, including approval of Flow of Funds.
* Manage teams monthly investor reports deliverables to ensure test, trading activity, and other deal trend accuracy.
* Oversight and ownership of all data attributes within the compliance application to provide optimal support to CLO Analysts and Portfolio Managers.
* Establish proper controls and create efficiencies to mitigate risk and improve processes.
* Primary point of contact to manage internal members (Operations, Analysts, Portfolio Managers, Technology) and external relationships (Trustees and Investors) to ensure proper service levels are achieved.
* Manage, lead, and develop direct reports through core processes and career management.

Your Required Skills:

* Degree in Economics, Finance, or Business preferred.
* 3 to 5 years of Collateralized Loan Obligations (CLOs) and/or Bank Loans experience.
* Familiar with key tests within the Indenture OC/IC, WAS, WARF, WAC, C-Basket, Discount Obligations, and other haircuts
* Experience with Markits Wall Street Office, BlackRocks Aladdin, and/or Deloittes Solvas
* Outstanding academic achievement, extracurricular involvement, work experience and demonstrated leadership qualities.
* Strong knowledge of Fixed Income products, investment strategies, and derivatives preferred
* Strong analytical and problem-solving skills.
* Self- starter, self-motivated, and ability to work within a team environment.
* Willingness and desire to learn and teach others.
* Strong written and verbal communication skills.
* Ability to work in a fast-paced, high-intensity environment.
* Able to multi-task and manage multiple projects/requests in a timely manner.

Your Desired Skills:

* Strong knowledge of Excel; VBA a plus

Our Culture:

Prudential is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We dont just accept differencewe celebrate it, support it, and thrive on it. At Prudential employees have a unique opportunity to build their career path by owning their development, their career and their future. We encourage employees to utilize the internal Skills Accelerator to hone their skills and explore the opportunities available to them within Prudential.

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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 call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

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