Senior Investment Associate Manager of Managers
Senior Investment Associate Manager of Managers
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Job Description
Job Classification:
Investment Management InvestmentsPrudential Select Strategies LLC (PSS) a registered investment adviser is a unit of the Global Chief Investment Office which conducts asset and liability management and portfolio construction for all of Prudentials domestic and international business operations. PSS is responsible for managing over $15.0 billion in assets comprised of private equity hedge funds real estate and other investments in alternative credit and direct lending strategies.
PSS is seeking an investment professional to join its Manager of Managers function who will support asset manager selection due diligence and monitoring traditional asset and alternative credit (e.g. fixed income public equities structured credit) mandates on behalf of the insurance general accounts. In this role the candidate will support both internal and external asset manager relationships. The candidate will be a key member of the Manager of Managers function which supports Prudentials general account investment strategy.
The current employee work arrangement for this position is Hybrid and requires your onsite presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be onsite.
What you can expect:
Retain superior asset managers in order to achieve investment objectives;
Work with the ALM Portfolio Strategy team to determine and develop mandates benchmarks and investment guidelines for asset managers;
Manage the process of identifying and evaluating asset managers;
Make recommendations regarding hiring and terminating asset managers;
Onboard asset managers;
Oversee asset managers performance to confirm it is in accordance with contractual arrangements;
Coordinate informational and analytical requests made of asset managers including information for performance measurement and risk management purposes.
What youll need:
6 years of relevant investment experience; insurance company experience required
Asset manager selection and due diligence experience preferred
Experience in fixed income asset management and structured products strongly preferred
Knowledge of investment documentation accounting and taxation; understanding of US insurance regulatory requirements strongly preferred
Strong interpersonal and relationship management skills
Strong verbal and written communications skills
Strong project management skills and ability to manage multiple projects simultaneously
MBA or equivalent degree and/or CFA a plus
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 $150000 to $180000. 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. In addition employees are eligible for standard benefits package including paid time off medical dental and retirement.
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
