Newark, NJ, USA
51 days ago
PGIM Fixed Income: Sr. Investment Analyst – Securitized Products (Hybrid/Newark, NJ)

Job Classification:

Investment Management - Investments

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

The Senior Investment Analyst role in the Portfolio Analysis Group provides investment analysis, both portfolio and market based, to key internal constituents, as well as current and prospective clients. The Analyst will aid in covering the Structured Products Sector mandate. Sectors covered include CMBS, non-agency RMBS, CLOs, and Asset Backed Securities. The Analyst delivers expert Quantitative Investment Analytics and shares leadership responsibilities for the group with his or her peers. The Analyst works with portfolio managers, risk managers, traders, credit research, client service representatives and the sales and marketing team to deliver performance attribution and analytics, monitor portfolio positioning, alignment, and risk exposures, collect and analyze market data and model portfolios and custom benchmarks for portfolio management. Portfolio optimization are key project level tasks of the role. The incumbent understands and participates in portfolio construction and trade construction within multiple sets of constraints or guidelines that exist for the portfolio sphere they cover. The ability to successfully navigate multiple, and at times competing, ad hoc requests and projects simultaneously that relate to market or portfolio analytics received from all parts of the larger Fixed Income organization is also key. The incumbent will routinely make individual contributions but will also be responsible for the training and development of rotational analysts. The incumbent partners closely with peers throughout Fixed Income to build organizational capabilities and is responsible for setting goals and accomplishing the objectives of the Portfolio Analysis Group.

What you can expect

Dynamically monitor and assess portfolio positioning with respect to country, interest rate, currency and credit risk exposures and thresholds, providing construction and alignment insight where possible

Integrate specific client guidelines, objectives and risk tolerances into the firm’s investment process and strategies to ensure complete portfolio management and analytics are in place for all portfolios

Follow developments, views and themes within the market or markets applicable to the desks being covered, understand how those drive portfolio positioning and performance

Maintain the Portfolio Analysis Group’s position as a world class provider of Investment Analytics and provide leadership, talent development and execution against the organization’s strategic goal set.

Work with peers across mandates to ensure analytics processes and methodologies are applied consistently and efficiently

Deliver and effectively communicate monthly and quarterly performance attribution analysis

Work with constituents throughout the organization to ensure that the Portfolio Analysis Group, Portfolio Management teams and the Risk Management Group have the tools and technology required to effectively manage portfolios

Compare and contrast various benchmarks and their risk and positioning profiles, assess appropriate benchmarking for given mandates or clients

Remain current on all applicable technology related to portfolio analytics, attribution methodologies, modelling methodologies and risk management tools

Construction of model portfolios based on client or prospect guidelines as well as modelling of impact of cash flows to existing portfolios

Ad hoc Project work including, but not limited to work related to analyzing new deals in the market, answering client questions, or creating exhibits on market trends as needed by the desk.

What you will bring

3-5+ years of experience in Fixed Income Investments and a demonstrated passion for Fixed Income Analytics with Structured Product and Credit experience strongly preferred

Strong demonstrated quantitative skills (project experience involving data analysis a plus)

Advanced knowledge of MS Excel

Experience scripting with SQL is strongly preferred and working with programming languages (Python/R) is a plus

Tableau or other data visualization tool experience is preferred

Ability to thrive in a fast-paced environment while working on multiple tasks both independently and within a team construct

Maintains high levels of productivity and self-direction

MBA, CFA, other applicable masters level work such as Statistics or Quantitative Finance or equivalent experience will be considered

Excellent verbal and written communications skills

Embraces and encourages change and development

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

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, 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 $125,000 to $135,000. 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 Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $821Bn 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.  

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 email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  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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