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
We are looking for and Analyst, Investment Operations within PGIM O&I. This position will support the PGIM Plan Accounting group. PGIM Plan Accounting Investment Operations is an integral component in the support of PGIM and Group Insurance businesses and their clients’ investments in separate accounts and trust vehicles.
This hands-on opportunity leverages investment knowledge, technical and analytical skills, strong work ethic and interpersonal skills
This position is based in our office in Tampa, Florida or Newark , NJ. Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.
What you can expect
· Supporting, monitoring, and calculating unit values for the investments we support
· Transfer agency services including asset to liability reconciliations and investor share ownership
· Production of client level commingled asset and investment reports, 5500/Schedule C and regulatory reporting
· Calculation, invoicing, and collection of fees related to Investment management services and administration
· Transaction processing including client contributions, withdrawals, and bank account monitoring
· ORACLE accounting entries and ledger revenue reconciliations
· Asset Manager relationship management and cashflow forecasting
· Client order processing including exchanges and withdrawals; NSCC trading
· Support of new fund development, set ups and closings
· Bank Oversight and Related Reconciliation/Reporting Functions
· Portfolio and Client level transition events (ie. securities in-kind transfers, manager replacements, etc)
· External and Internal audit review and support; Client service support
· Participate in various analysis and special projects
What you will bring
Bachelor degree required with a major in Finance, Business, Economics, Accounting or Information Systems preferred
· Ability to understand and analyze basic accounting principles and financial statements
· Ability to organize, prioritize tasks and work in a deadline oriented environment
· Strong oral and written communication skills; ability to deal with associates at all levels within the organization
· Demonstrated leadership skills
· Strong analytical and problem solving skills
· Intermediate to advanced proficiency with Microsoft Excel and Word
What will set you apart?
- Prior background / internship experience in investment management or financial services Industry is strongly preferred
*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
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 Total Rewards Brochure
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 $60,000-$70,000. 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 Operations and Innovation Group (O&I)
PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions