Analyst, Investment Operations | Asset-Based Finance | PGIM Alternative Investments( Hybrid/ Newark, NJ) at Prudential Financial

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 In this role, you'll play a key part in supporting PGIM's Alternative Investment Operations platform, providing operational oversight across Asset Based Finance (ABF) and Residential Mortgage Whole Loan strategies. You'll support critical activities throughout the investment lifecycle , including deal onboarding, trade settlement, funding, asset servicing, and secondary market trading activities. The role requires extensive collaboration with Portfolio Management, Deal Teams, Legal, Fund Management, counterparties, custodians, trustees, and agent banks to ensure the accurate and timely execution of transactions and ongoing portfolio support. This position is based in our office in Newark, NJ and will follow a hybrid schedule. Our organization follows a hybrid work structure ( 3 days in office) 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 Actively facilitate the deal execution process in coordination with deal team, counsel, fund management, and other internal and external stakeholders. Capture and maintain primary and secondary market trading activity within the Order Management System (OMS), ensuring accurate and timely IBOR positions and records. Manage end-to-end wire payment processes, ensuring efficient deal funding, settlement, and adherence to operational controls. Coordinate and execute private asset transfers. Manage daily production including cash forecasting and positioning. Work with internal and external stakeholders to research and resolve cash and position breaks. Prepare and distribute recurring and ad hoc reports to support business, operational, and management decision-making. Identify and implement process improvement and automation opportunities to increase operational efficiency, strengthen controls, and support business growth. What you will bring Bachelors Degree in Finance, Accounting, Business, or related discipline preferred. All majors considered. 3-5 years of experience in Financial Services Experience supporting Asset Based Finance, Residential Mortgage Loans, Private Credit, or Restructures Intermediate or Advanced skills with Microsoft Office Suite Ability to work both independently and in a team environment Ability to work both independently and in a team environment. Ability to research issues, evaluate information, develop solutions, and escalate complex matters appropriately Strong work ethic, honesty and integrity, as well as strong interpersonal and communication skills Ability to manage and prioritize multiple tasks in a deadline driven environment What will set you apart? Experience interpreting Credit Agreements and Purchase Agreements a plus Experience working with Transfer Agents a plus Experience settling Delayed Draw Term Loans (DDTL) and Revolvers and instructing/settling DWAC, DRS, FOP, and physical bonds or equities a plus Experience with Aladdin/Aladdin Loan Manager or other loan servicing platform