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:

QMA manages quantitative equity and global multi-asset solutions as part of PGIM. Our culture is inclusive and collaborative. We seek employees from varied academic, work, and life circumstances who can contribute investment expertise, intellectual capital and creative solutions to our organization. We are looking for smart, talented team-players at all stages of their careers who are passionate about solving our clients' challenges.

Our Role:

We are looking for an astute, determined professional like you to fulfill a Investment Operations Associate within our QMA team. You will showcase your success through collaboration, ownership and innovation. Your expertise in emerging trends and practices will evoke stimulating discussions around optimization and change to help keep our competitive edge. This rewarding opportunity will enable you to make a big impact in our organization, so if this sounds exciting, then PGIM might be the place.

Your Impact:

* Day-to-day resolution of problems and the execution of transactions
* Review and resolve trade discrepancies with brokers, gain agreement on all trade details (financial info as well as settlement info)
* Confirm any necessary adjustments/corrections with Traders and process trade corrections as needed
* Ensure all trades are sent to banks by deadlines on trade date, with particular emphasis on sensitive markets and short-settlement trades Save and check details from all broker confirms each day
* Affirm domestic trades via OMGEO system and confirm global trades via CTM. Save all official trade confirmations from these systems.
* Analyze and complete the CTM reconciliation report
* Load all FX files, ensure all FX activity is matched with brokers in GTSS and resolve any discrepancies
* Maintain Accurate broker settlement instructions in accounting system
* Reconcile and analyze daily futures variation margin (FVM) and resolve issues between multiple counterparties including brokers and custodial banks.
* Handle incoming email issues; resolve or route accordingly
* Monitor all trade processing in our Trade Order Management system
* Maintain data integrity of Trade System (security info, daily error messages etc)
* Responsible for complete set up of new funds- requires coordination between internal parties, banks and brokers in addition to system set ups
* Ensure daily blotters are clean by end of day, and all trades have been sent to banks, fund accountants, etc.
* Confirm all manual/non-standard trades & trade requests have been received by the custodian ( FXs, T-Bills)
* Build and maintain collaborative relationships with internal and external parties
* Follow-up on issues as related to assignments
* Assist with ad hoc projects

Your Required Skills:

* BA/BS degree, preferably in Finance/Economics/Business
* 1-2 years of related experience preferred
* Knowledge of securities markets/transactions
* Highly analytical, organized, and detail-oriented
* Proficient systems skills
* Previous operations experience and/or knowledge preferred
* Excellent communication skills, both verbal and written
* The ability to handle people and situations with maturity and professionalism
* Takes initiative and exhibits leadership qualities when dealing with problems and projects
* Excellent time management skills; work efficiently under the pressure of deadlines
* Able to work in a team environment while taking individual responsibility for the quality and accuracy of his/her work
* During peak periods, the individual may be required to work after regular hours to get the job done
* Occasional holiday and overnight coverage required

Our Culture:

Prudential Financial, Inc. 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 hone their skills and explore continued opportunities within Prudential.

-

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.