PGIM Fixed Income Principal Quantitative Research HybridNewark NJ
PGIM Fixed Income Principal Quantitative Research HybridNewark NJ
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Job Description
Job Classification:
Investment Management Portfolio ResearchA 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!
What you will do
The Quantitative Modeling and Strategies (QMS) Group in PGIM Fixed Income is looking to add a Principal level team member to work on research and development of portfolio construction and risk management models and tools. The group is an integral part of the investment organization contributing to areas such as: portfolio construction systematic strategies fixed income relative value and stochastic modeling. We work closely with portfolio managers and traders as well as with colleagues in risk management structured finance research and application development.
What you can expect
Design analytical solutions to business needs in a fixed income asset management environment.
Learn and understand Yield Books fixed income pricing model curve fitting model and structuring solutions model.
Thought leadership in the portfolio construction and risk management space.
Engage portfolio/risk managers to understand business requirements.
Lead and mentor one or more junior quantitative analysts.
What you will bring
10 years of experience in fixed income quantitative research (buyside preferred).
Strong experience in portfolio construction models and/or systematic strategies as well as risk management modeling in a fixed income asset management setting.
Strong Python skills and stochastic modeling experience.
An advanced degree (PhD preferred) in a quantitative field (science math finance or engineering).
A background demonstrating strong analytical problemsolving skills
An ability to communicate advanced concepts in a concise and logical way
Demonstrated ability to carry out independent research projects as well as to make contributions in a team setting.
*PGIM welcomes all applicants even if you dont meet every requirement. If your skills align with the role we encourage you to apply.
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 $200000 to $225000. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills.
About PGIM Fixed Income
PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $859Bn assets under management the company has offices in Newark London Letterkenny Amsterdam Munich Zurich Tokyo Hong Kong and Singapore. Our business climate is a safe inclusive environment centered around mutual respect intellectual honesty transparency and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.
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.
Employment Type
Full-Time
