PGIM - US Economist at Prudential Financial in Newark, NJ

Job description

Job Classification: Investment Management - Investments 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 Credit is seeking a US Economist to join the Global Macroeconomic Research Team. We are looking for an economist with strong knowledge of the US economy and hands-on experience tracking economic data, developing forecasts, and building and maintaining macroeconomic models. As part of the US macro team, you will help formulate and refine the firm's views on the US economy, including the outlook for growth, inflation, labor markets, and Federal Reserve policy. You will closely monitor incoming economic data, assess how new information affects the outlook, and use quantitative models to identify risks to the team's views. You will report to the Chief US Economist and work closely with members of the broader Global Macroeconomic Research Team. This is a hybrid position based in Newark, NJ, with an expectation of being in the office three days per week. This role is ideal for someone currently working on, or with experience supporting, a US economics or macroeconomic research team within a financial institution, central bank, think tank, or similar research environment. What you can expect Own and contribute to the tracking, analysis, and forecasting of key US economic indicators, assessing incoming data, underlying components, and revisions to refine the team's views on growth, inflation, labor markets, and Federal Reserve policy. Building, refining, and maintaining macroeconomic models for growth, inflation, and other key variables. Building new charts and analytical tools for tracking and assessing US data; developing access to new data sets; expanding the macro team’s data analysis toolkit. Further developing macroeconomic and financial databases and automating related chart books. Supporting the research and other analytical work of regional economists and strategists on the team. What you will bring 5–7 years of relevant experience analyzing and forecasting the US economy, ideally within a financial institution, central bank, think tank, or economic research organization. Hands-on experience building, testing, maintaining, and interpreting macroeconomic forecasting models and regression-based analyses. Demonstrated experience tracking and forecasting US economic data across areas such as growth, inflation, labor markets, consumption, and Federal Reserve policy. Strong knowledge of US macroeconomics and the ability to interpret incoming data, including underlying components, revisions, and implications for the economic outlook. Strong quantitative and programming skills, with hands-on experience using Python, Stata, EViews, R, or similar analytical tools. Experience working with economic and financial datasets and platforms such as Haver Analytics, Bloomberg, or similar sources. Ability to communicate quantitative findings and economic conclusions clearly to both technical and investment audiences. B.A. or M.A. in Economics, Econometrics, Statistics, Mathematics, or a related quantitative field. What will set you apart? High attention to detail. Ability to organize and prioritize tasks under tight deadlines. Excellent writing skills; prior experience writing