Job Description:

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 RE Loan Services is seeking an Asset Manager for CRE Debt. Under the supervision of a Team Manager, and on behalf of institutional lenders, Asset Managers perform cash flow analysis, market surveys, document review and other due diligence necessary to produce prompt, well written and supported case recommendations for complex borrower requests. Transactions involve varied debt structures, different property types, and include loans located throughout in the United States and Mexico. 

This team aims to be highly collaborative, innovative, highly organized, and committed to providing exceptional service. They are based in Dallas, Texas and are currently following a hybrid work model (on-site 2-3 times a week). 

What You Can Expect 

• Review borrower requests and perform lender credit actions, which may include assumptions, modifications, partial releases, property substitutions, ownership transfers, lease approvals, easement requests, reserve disbursements, insurance losses, and management changes. 


• Ensure loan covenant compliance requirements are managed timely and effectively including initial input, post-closing monitoring, maintenance of collateral, and debt service thresholds. 


• Update watchlist information, proactively monitor property operating performance, trends and report findings based on lender guidelines. 


• Partner with various internal teams to complete AML obligations, adhere to Pipeline Management Protocols, cure loan delinquencies and loan level suspense items, , and monitor letters of credit.  


• Prepare ad hoc property and loan performance reports. 


• Leverage technology to support improved efficiency and risk mitigation. 


• Maintain and foster relationships with borrowers, investors, originators. 

What You Will Bring 

• 3+ years commercial loan servicing/asset management experience; or equivalent combination of education and experience. 


• Knowledge of commercial mortgage banking, commercial real estate lending products/terms and applicable servicing requirements. 


• Excellent written and oral communication and analytical and problem-solving skills  


• Strong interpersonal/customer service skills essential with the ability to create/build and maintain relationships with internal and external parties. 


• Strong organizational skills required with the ability to multi-task, work independently and as part of a team in a time sensitive environment where meeting established deadlines are critical. 


• Open, creative, and innovative mindset.             


• Personal Computer Skills (Excel, Word, Outlook). 

What Will Set You Apart 

• Bachelor's degree in Real Estate, Finance, or Accounting 

*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

• 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, visit Work Life Balance | Prudential Careers

About PGIM Real Estate

With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.

PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com.

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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