PGIM Analyst, Investment Operations (Hybrid-Tampa, FL/Newark, NJ) at Prudential Ins Co of America

Posted in Admin - Clerical 11 days ago.

Type: Full-Time
Location: Newark, New Jersey





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

We are looking for an Investment Operations Analyst to join our PGIM Operations, Private Accounting and Trade Management team which is part of PGIM Operations and Innovation’s group (O&I)

As an Investment Operations Analyst, you will be responsible for validating of portfolio and transaction level activity including trades, income payments, corporate actions, and deal restructurings in sub-ledger systems; Preparing and verifying general ledger entries; Completing reconciliations to custody banks, trade systems and financial statements; In addition to providing various reports to business partners.

This position is based in one of our offices in Tampa, FL or Newark, NJ and will follow a hybrid schedule (2 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


  • Validation of portfolio and transaction level activity including trades, income payments, corporate actions, and deal restructurings in sub-ledger systems

  • Reconcile cash activity to bank, work with bank on discrepancies.

  • Prepare and verify general ledger entries.

  • Prepare monthly reconciliations of balances between the accounting system and the general ledger

  • Ensure financial statement balances are in accordance with GAAP & STAT principles.

  • Interface with various clients and business partners

  • Prepare data for use in financial statement disclosures

  • Provide support for various audits with internal and external auditors.

  • Prepare reports for our various internal and external business partners

  • Work with the Technology team on systems improvements to the accounting system

What you will bring


  • Bachelor’s degree in Accounting, Economics, Finance or Business.

  • Ability to understand and analyze basic accounting principles and financial statements.

  • Strong written, oral communication, and interpersonal skills

  • Good organizational and time management skills

  • Strong quantitative and analytical skills

  • Works well in a team environment.

What will set you apart?


  • Advanced proficiency with Microsoft Excel and Word

  • Strong attention to detail with the ability to summarize and communicate complex issues effectively, both orally and in writing

  • Prior background / internship experience in investment management or financial services Industry is strongly preferred.

*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 Total reward package brochure

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. Roles may also be eligible for additional compensation and/or benefits. 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.

About PGIM Operations and Innovation Group (PGIM O&I)

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.

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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