Newark, NJ, USA
5 days ago
PGIM Fixed Income: Associate Manager, Alternative Operations (Hybrid/Newark, NJ)

Job Classification:

Investment Management - Investment Operations

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

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

PGIM Fixed Income is seeking an Associate Manager, Alternative Operations Specialist who will be primarily responsible for providing regulatory and tax support functions for the organization and to serve as one of the primary points of contact for internal and external business partners.  Additional Operations and Accounting/Administrator support work may be required.

What you can expect

Assist in the facilitation of quarterly and annual SEC and NFA regulatory filings, including Form PF, CPO-PQR and Form ADV (where applicable)

Well-versed in Private Fund regulatory reporting requirements, including: Hedge Funds, Private Equity Funds, Liquidity Funds, and Other Private Funds

Familiar with AIF/AIFM and other EMEA regulatory reporting requirements, including Annex IV

Point of contact with the various Compliance and Tax teams within the Company to address/discuss new regulations, reporting requirements and guidance/interpretation of rules

Vendor management for the various third-party tools and portals used for fund registrations and filings (Consensus, DITC, IRS portal, etc)

Oversee service providers who are responsible for FATCA and Common Reporting Standards filings

Calculate, support and assist in filing of Form 5500

Knowledge of regulatory and reporting standard across different jurisdictions (CIMA, CBI, AIFMD)

Fund specific filings including tax documents (W-9s, 8832s, SS-4s), GIIN registration and renewals, LEI applications, etc.

Work with Legal and Compliances teams to identify new funds in scope

Support accounting & administration platform of multiple master/feeder and umbrella structures.

Monitor / validate weekly & monthly NAV process for funds.

Reconcile settled cash and positions daily between our internal record keeping system and Prime Brokers/Custodians

What you will bring

Undergraduate degree required.  (Accounting, Economics or Finance preferred).

5+ years prior experience in a Regulatory or similar type role required

Superior computer skills required.

VBA programming and database experience preferred.

Experience in supporting Hedge Funds and/or Offshore Fund Structures preferred

Knowledge of fixed income products and derivatives.

Strong analytical and problem-solving skills.

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

Self-motivated and proactive.

Strong interpersonal, communication and partnering skills.

Ability to drive process improvement.

Ability to collaborate with internal and external partners.

*Overtime may be required during peak periods. *

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

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 $110,000 to $125,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

About PGIM Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $859Bn 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.  

What we offer you:

Market competitive base salaries, with a yearly bonus potential at every level. 

Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

401(k) plan with company match (up to 4%). 

Company-funded pension plan. 

Wellness Programs 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 and mental health, and career development.  

Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.  

Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. 

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 

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. 

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. 

 

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

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