Job Description:

Job Classification:

Investment Management - Investment Operations

PGIM: 2023 Operations & Innovation, Investment Operations Associate

Location(s): 

Tampa, FL

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 39 offices spanning 17 countries, PGIM is among the world’s leading asset managers. Comprised of six self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firm’s ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect, and equality. Prudential is a Fully Inclusive Workplace: At Prudential, we value the unique perspectives and experiences of every individual, and we work hard ensure to Prudential is a welcoming and rewarding place to work for people of all identities and backgrounds.

PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. Our teams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.

Timeline:

We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruiting season. All applications must be submitted at one time. 

All applications should be fully completed by October 28th, 2022, at midnight ET.

Your Day to Day:

You will be empowered to contribute in a meaningful way, add new value to organization initiatives and effect change. Your placement within Investment Operations will be in one of the following areas:

Accounting

The accounting team is responsible for the validation of portfolio and transaction level activity including trades, income payments, derivative margins, acquisitions, distributions, corporate actions, and deal restructurings in sub-ledger systems.

Data Quality Group

This team manages the oversight of portfolio and security level financial data quality in the investment risk data warehouse, accounting system and reporting databases.

Reporting

The Reporting team supports partners by preparing, analyzing, and distributing limit monitoring, activity, income, and holdings reports on a daily, weekly, monthly, quarterly, and annual basis sourced from various internal data warehouses. 

Financial Accounting and Client Reporting

Financial Accounting and Client Reporting supports the production of client Asset and Investment statements, regulatory reporting, client flow transaction processing, accounting, ledger entries, client record set-up, cash settlement, calculation and collection of fees, revenue reporting, AUM reporting, various reconciliations, and audit support.

Fund and Investor Services

Fund and Investor Services supports the calculation and validation of fund unit values, performance reporting, Transfer Agency - track ownership in commingled accounts; reconcile liabilities to clients’ total assets, new business/product development, fund and share class set-up, client flow transaction processing and forecasting, fund and client launch/transition coordination, bank/vendor liaison and oversight, regulatory reporting and financial statement support, trading - incl NSCC, various reconciliations and audit support.

Required Qualifications:

• Candidates must be enrolled in an accredited bachelor’s program graduating between December 2022 and May 2023




• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration




• Minimum of 2.8 GPA




• Preferred majors include Accounting, Economics, Finance, Business, or related fields of study

Preferred Skills:

• Strong written, oral communication, and interpersonal skills




• Advanced proficiency with Microsoft Excel and Word

Our Application Process:

1. Submit your application.

2. Receive invitation for a digital interview; this includes answering pre-recorded interview questions with the business(es) that advance your application(s).

3. Receive invitation for a final round interview; if selected, you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.

For 2023 early talent roles, our process is designed to help you learn more about Prudential/PGIM and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team.

#LI-DNI

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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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