Analyst, Investment Operations|PGIM Global Services (Hybrid/Newark, NJ)) (Finance)

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 Plan Accounting Investment Operations is an integral component in the support of PGIM and Group Insurance businesses and their clients' investments in separate accounts and trust vehicles. Positions in Plan Accounting provide the opportunity to gain broad business knowledge by way of consistent exposure to a wide network of business partners. These include corporate and business functions such as Finance, Operations and Systems, Risk Management, Compliance, Audit, Product Development, Client Relationship Management and Actuarial Services as well as external banks and financial companies. Under the guidance of their supervisors, Associates are empowered to immediately contribute in a meaningful way, add significant value to organization initiatives and effect change.

This position is based in our Newark, NJ office and will follow a hybrid schedule (3 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Supporting, monitoring, and calculating unit values for the investments we support
• Transfer agency services including asset to liability reconciliations and investor share ownership
• Production of client level commingled asset and investment reports, 5500/Schedule C and regulatory reporting
• Calculation, invoicing, and collection of fees related to Investment management services and administration
• Transaction processing including client contributions, withdrawals, and bank account monitoring
• ORACLE accounting entries and ledger revenue reconciliations
• Asset Manager relationship management and cashflow forecasting
• Client order processing including exchanges and withdrawals; NSCC trading
• Support of new fund development, set ups and closings
• Bank Oversight and Related Reconciliation/Reporting Functions
• Portfolio and Client level transition events (ie. securities in-kind transfers, manager replacements, etc)
• External and Internal audit review and support; Client service support
• Participate in various analysis and special projects

What you will bring

• Bachelor's degree in Economics, Finance, Accounting or Business related preferred
• 3.0 GPA or above preferred
• Ability to understand and analyze basic accounting principles and financial statements
• Ability to organize, prioritize tasks and work in a deadline oriented environment
• Strong oral and written communication skills; ability to deal with associates at all levels within the organization
• Demonstrated leadership skills

• Strong analytical and problem solving skills
• Intermediate to advanced proficiency with Microsoft Excel and Word

*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 $60,000 to $70,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

About PGIM Global Services

PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.

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 .