16 days old

PGIM Fixed Income | Senior Investment Operations Associate

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

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:

You will be responsible for CODI (Centralized Operational Data Integrity) by providing operational support to PGIM Fixed Income Operations by maintaining standard settlement instructions, collateral terms, determining trade routing logic, SWIFT testing, and helping establish system connectivity for various ECNs/confirmation platforms. The team will provide support for trade confirmation and settlements functions with a focus on operational data issues.

Job responsibilities may include:

Static data maintenance centralized around standard settlement instructions, credit support annexes, and routing

Actively research/resolve discrepancies in key operational data points

Reviewing Operating Guidelines for new fund launches and advising accordingly

Analyzing data/notices received from FCMs, custodians, and other third parties

Maintaining and assisting with onboarding/client request for information

Fails resolution for all settlement (i.e. Collateral moves, interest. Swap payments, variation margin

Strong problems solving skills and incorporate new processes to mitigate risks

Develop departmental and maintain policies, guidelines and procedures

Anticipating issues that may adversely affect the operational support of all fixed income 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

Communicating operational support changes and initiatives to all impacted areas of PGIM


Bachelors degree or equivalent experience

2-3 years Fixed Income confirmation and settlements experience strongly preferred

Detail Oriented

Strong analytical & problem solving skills

Strong communication skills (written & verbal)

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

Solid understanding of application of business risk & operational controls

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


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.

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: 2021-06-08 Expires: 2021-07-07
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PGIM Fixed Income | Senior Investment Operations Associate

Prudential Ins Co of America
Newark, NJ 07102

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