PGIM Private Capital Investment Operations Manager Hybrid
PGIM Private Capital Investment Operations Manager Hybrid
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Job Description
Job Classification:
Investment Management Investment OperationsA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential were always looking for ways to improve financial services. Were passionate about making a meaningful impact touching the lives of millions and solving financial challenges in an everchanging 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 youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading global asset managers! If youre not afraid to think differently and challenge the status quo come and be a part of a dedicated team thats investing in your future by shaping tomorrow today.
At PGIM You Can!
PGIM Private Capitals (PPC) Investment Operations team is looking for a resultsdriven analytical and highly motivated individual for a Manager position in their Newark office.
What you can expect:
Managing daily production cash forecasting cash positioning third party coordination
Foreign currency monitoring and bank account reconciliation liaising with Private Accounting & Pru Global Funding; reviewing FX conversions bank account overdraft charges/fees
Daily end of day reconciliation to ensure all deliverables have been met and/or processed a crucial audit requirement
Tracking reportable expense payments and ensuring proper documentation is received to comply with IRS requirements
Serving as a liaison between our business partners and the various banks
Participating in UAT testing and reporting findings for internal system releases (PPC Systems GTreasury Loan Connect)
Ensuring our monthly performance metrics are captured accurately in the KIR
Confirming documentation meets audit standards
Oversee and approve Daily cash reconciliation of thirdparty bank accounts PPC as the investment manager) to ensure all principal & interest activity has been posted for shadow recordkeeping purposes.
Approving withdrawals and deposits for new and existing private placement notes and maintaining a constant awareness and responsible approach due to the time sensitive nature related to these notes this includes ensuring bond powers are created and executed where required.
Approval of monthly custody reconciliation reports for thirdparty custodial accounts PPC as the investment manager) that are used to reveal any holding breaks between the Bank PAM and Custody Log.
Weekly review of Corporate Action activity and actioning when applicable
Approval of CUSIP changes and custody related activities (including reregistrations from asset transfers participations electronic trades settling via DTC CDS Euroclear Iberclear Monte Titoli etc.
Documentation / Records Retention ensure all cash & custodial activity has been documented
What you will bring:
5 years of relevant experience in banking or investment operations
Experience managing direct reports is required
Experience using Bank Systems PAM Excel Word Adobe & Cognos preferred
Strong attention to detail and problemsolving skills
What will set you apart:
High level of selfmotivation
Excellent communication and analytical skills
Familiarity with wires (USD/foreign currency/swift messages)
Ability to multitask during high volume periods
Ability to manage multiple priorities work independently and interact effectively with team members and other internal/external partners
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 $110000$120000 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 Private Capital
At PGIM Private Capital (PPC) expertise analysis and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of bright focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade high yield and mezzanine investments. We invest in the potential of our employees by offering them largescope smallteam emphasis on collaboration and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.
#LICR1
#LIHybrid
What we offer you:
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.
Companyfunded pension plan.
Wellness Programs including up to $1600 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.
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. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to parttime employees scheduled to work less than 20 hours per week.
Prudential Financial Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process please email .
If you are experiencing a technical issue with your application or an assessment please email to request assistance.
Required Experience:
Manager
Employment Type
Full-Time
