23 days old

PGIM Fixed Income | Senior Analyst, Global Confirmations

Prudential Ins Co of America
Newark, NJ 07102
  • Job Code
    R-103156

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.5 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 $968bn 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.

Overview:

The Global Confirmations Analyst is responsible for providing middle office operational support to the PGIM Fixed Income business. This includes serving as a senior member of the confirmation team, supporting the primary control layer within the trade lifecycle. The Analyst acts as a main point of contact for internal and external business partners.The individual in this role is knowledgeable in operational support requirements, fixed income products, international markets and global settlement procedures.

Job responsibilities may include:

  • Daily support and technical oversight of Global Confirmation and Settlement operations
  • Possess working knowledge of international settlements including familiarity with global depositories such as Euroclear, Clearstream and various other local emerging and global markets
  • Facilitating trade flow processes and ensuring trades are matched on the industry confirmation platform and confirmed in the trade system
  • Serving as primary liaison between the internal operations team and external custodian banks and counterparties (broker dealers)
  • Support and sometimes lead local projects and enhancement initiatives for the team
  • Providing timely resolution to operational issues raised by critical business partners
  • Actively researching/resolving trade discrepancies with internal and external stakeholders
  • Monitoring daily trade status reports including prematching and fails data
  • Gathering and/or analyzing key metrics with regards to activity
  • Help develop departmental policies, guidelines and procedures
  • Help staff resolve problems and introduce new processes to mitigate risk and enhance controls
  • Anticipating issues that may adversely affect the operational support of all emerging market and global products and taking action to reduce the risk of occurrences
  • Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies.
  • Cultivating both internal and external relationships to ensure proper service levels are achieved for each fund supported
  • Keeping abreast of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes

Requirements:

5 to 7 years of middle office experience required

Global confirmation and settlements operations experience strongly preferred

Bachelors degree or equivalent experience

Skills in: Excel, V-LookUp, Pivot Tables, Macro building a plus

Strong knowledge of global markets, trade lifecycle and industry technology (DTCC CTM, Swift, Bloomberg)

Strong leadership skills

Strong analytical & problem-solving skills

Ability to oversee both production and projects

Strong communication skills (written & verbal)

Solid understanding of application of business risk & operational controls

Enjoys a fast-paced, high-intensity environment

Able to multi-task and absorb information across a broad spectrum of products

Ability to organize, prioritize tasks and work in a deadline oriented environment

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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.







Posted: 2021-07-06 Expires: 2021-08-04
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PGIM Fixed Income | Senior Analyst, Global Confirmations

Prudential Ins Co of America
Newark, NJ 07102

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