PGIM ยท 3 weeks ago
PGIM Fixed Income, Associate Manager, Fixed Income Operations
Newark, NJ, USA
Full-time
Onsite
Mid Level
$115K/yr - $130K/yr
4+ years expPGIM is the global asset management business of Prudential, focused on improving financial services and making a meaningful impact. The Associate Manager in Fixed Income Operations will provide operational support for Special Situations, Mortgaged Backed Securities, and Asset Based Finance, facilitating the deal execution process and collaborating with various internal and external parties.
Asset Management
Responsibilities
Actively facilitate the deal execution process for privately held assets, including trade capture, wire processing, settlement, and other steps required in coordination with multiple groups including deal team, internal counsel, fund management, data integrity, external parties, etc
Investment/trade capture of primary and secondary trading activity in Order Management System
Primary and Secondary loan, bond, and equity trade settlements
Wire management to ensure deals fund and wires are processed in a timely manner
Service loans (rolling contracts) and complete private asset transfers
Track investor cash
Work with internal teams to help research and resolve cash and position reconciliation breaks
Working with Custodian Banks and Servicers to rectify breaks
Compile regular and ad-hoc reporting for various areas within the firm
Assist in strategic initiatives related to technology and process enhancements
Qualification
Required
Bachelors Degree in Finance, Accounting, Business, or related discipline
4-7 years of experience in Financial Services
Experience with Residential Mortgage Loans, Private Credit, Restructures/Special Situations, Bond or Bank Loan Operations
Experience interpreting Credit Agreements and Purchase Agreements
Intermediate or Advanced skills with Microsoft Office Suite
Detail oriented self-starter
Ability to work alone and in a team environment, adaptability is key
Strong, independent problem solving and critical thinking abilities
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
Strong knowledge of global trade lifecycle and industry technology (DTCC, CTM, Swift, Bloomberg)
Preferred
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 and WSO (or other loan servicing platforms) a plus
Benefits
Market competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs 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 and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Company
PGIM
PGIM is a money manager whose clients rely on their risk management expertise, intellectual capital, and innovative solutions. It is a sub-organization of Prudential Financial.
1001-5000 employees
H1B Sponsorship
PGIM has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (15)
2024 (12)
2023 (8)
2022 (8)
2021 (7)
2020 (14)
Funding
Current Stage
Late StageLeadership Team
Jakob Wilhelmus
Director, Thematic Research
Recent News
2026-01-12
2026-01-12
Investing.com
2026-01-12
Company data provided by crunchbase