Job Description:

Job Classification:

Investment Management - Investment Operations

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the world’s top-10 largest asset managers. Comprised of seven 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.

Our Business:

PGIM Investments is a diversified distributor of asset management capabilities, with over 100 actively managed funds globally. We are dedicated to helping clients tackle their toughest investment challenges and base the foundation of our investment strategy around collaboration and innovation. Our leadership team welcomes new ideas and challenging the status-quo and are committed to developing talent for long-term success. 

The PGIM Custom Harvest Group, a division of PGIM Investments, is a pioneer in the development of tax-beneficial investment strategies using exchange-traded-funds (ETFs) for clients seeking improved after-tax outcomes. We provide full exposure to a client-selected benchmark while generating tax alpha through customized separately managed account (SMA) portfolios of ETFs. 

Our Role:

Today, PGIM Custom Harvest provides asset management to a wide range of RIAs and Wealth Managers. PGIM CH has $2.4 billion of Assets Under Management.   The Portfolio Management team is accountable for allocation of portfolios, tax loss harvesting and dollar for dollar ETF swapping while tracking an index.   

We are actively pursuing a Senior Investment Operations Specialist to join the PGIM Custom Harvest Trade Operations group and work very closely with internal portfolio managers and our third-party data aggregator.  Operational support will consist of updating our Account Data Base and doing daily reconciliation plus delivering portfolio management reports to the PM Team.   The team is responsible for all new account onboarding on multiple platforms and in our internal Salesforce data base. They may be requested to generate ad hoc reports for other reporting teams with in PGIM.

Core Functional Responsibilities:

• Portfolio management operations support


• Trade and cash reconciliations


• Account Database Maintenance


• Data Entry of all New Account Information on several platforms


• Assist in the SMA Management Fee Process


• Reporting Knowledge

Experience & Qualifications:

• Bachelors degree in Business (Accounting or Finance preferred)


• Experience in investment management trade operations preferred


• Excellent time management skills; works efficiently under the pressure of deadlines


• Strong organizational, interpersonal and communication skills


• Ability to work in a team environment


• Ability to partner with various levels of management


• Self- motivated and proactive; willingness and a strong desire to learn


• Attention to detail and problem solving skills

The Prudential Culture:

Prudential is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential employees have a unique opportunity to build their career path by owning their development, their career and their future. We encourage employees to utilize the internal “Skills Accelerator” to hone their skills and explore the opportunities available to them within Prudential.

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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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