A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

At PGIM, we care about our employees, and we are committed to seeing them succeed. We provide our employees with access to professional development and support to help drive their success and ability to innovate.

What you will do

PGIM Real Estate is looking for a determined real estate professional to assist on the Portfolio Management of UK equity real estate investments, across a range of residential and long-income funds and separate accounts (all of a core risk profile).  You will showcase your success through collaboration, ownership, ambition, and innovation.  The combined AUM of the Funds and Separate Accounts is £1.5bn (as of 30 September 2024).  The individual will report to the Executive Director of Portfolio Management, UK and work closely with an existing Senior Portfolio Manager.  

What you can expect  

The candidate’s main roles are to:

Assist with the day-to-day portfolio management of the UK residential and long-income real estate funds and separate accounts, including:

Cash Management (e.g. drawdowns, subscriptions and redemptions)

Portfolio Management (e.g. portfolio analysis, disposal and acquisition strategies)

Valuations

Reporting (to existing investor and the PGIM Real Estate business)

Fund Strategy & Risk Assessment

Investor Presentations and/or Capital Raising

Work with PGIM Real Estate’s transaction, fund operations and asset management teams, together with appointed external consultants, to drive the performance of the funds and separate accounts.

There is scope for the candidate to take have a hands-on role on selected transactions.

What will you bring

Degree educated and with a relevant professional qualification.

In excess of 5 years real estate experience in the UK, ideally with involvement within fund or portfolio management

Detailed working knowledge and experience within the residential and long-income sectors

Ideally with experience of acquisition & disposal of residential & commercial assets

Numerate, with keen eye for detail

The ability to manage client and internal reporting across numerous funds / separate account mandates.

Work with various teams and keep track of transactional flow and performance.

Creative, with excellent verbal and written communication skills

A self-starter, who can ‘hit the ground running’, as part of a hardworking and successful team

A fundamental requirement of this role is that it is a regulated activity and in scope of the Certification Regime.  It is therefore subject to the Conduct Rules set by the FCA. 

An elevated level of integrity and standard of professional conduct

*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:

Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.

Annual Leave of 25 to 28 days, based on years of service, at full pay.

Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.

Life Assurance & Income Protection: Life Assurance for 12 times your basic annual salary, up to a max benefit of £1.8million. 60% of your basic annual salary for a limited payment term of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.

To find out more about our Total Reward package, visit https://youtu.be/acuhcv46Nz0

About PGIM Real Estate

PGIM Real Estate is one of the largest Real Estate managers in the world and one of the nation’s largest full-service commercial, multi-family and agricultural real estate lenders and has been serving the commercial real estate market for over 125 years.

We cover RE Debt, Equity, Agriculture, Public REIT securities, Defined Contribution, Private Equity, Impact Investing, Senior Housing and Mexico Industrial.

PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. Our scope of insights, rigorous risk management and seamless execution are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing and the deep local expertise of professionals in 32 cities globally.

Through our investment, financing, asset management and talent management approach, we engage in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. When you join our team, you’ll find yourself inspired by an inclusive company culture that believes that diversity of all kinds allows us to develop better and more innovative solutions for our client.

About PGIM – Global Asset Management

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.4 trillion in assets under management as of 30th September 2024.  With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.

With a history dating back almost 145 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com

Our Commitment to Diversity, Equity, and Inclusion

PGIM has a long-held commitment to advancing diversity, equity and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries.

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, some of which may not be available in your area.

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.