drjobs PGIM Private Capital: Analyst, Fund Operations (Hybrid/Chicago, IL)

PGIM Private Capital: Analyst, Fund Operations (Hybrid/Chicago, IL)

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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Classification:

Investment Management Investment Operations

A 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 Fund Operations team is a unit within PGIM Private Capital (PPC) responsible for the financial oversight and reporting of multiple credit fund strategies. Currently the team is responsible for five corporate mezzanine funds two energy mezzanine funds and two direct lending fund complexes (and associated separate accounts). The investors in these strategies include subsidiaries of Prudential Financial Inc. and unaffiliated institutional investors.

The mezzanine strategy within PGIM Private Capital is responsible for originating underwriting and managing a portfolio of privately placed mezzanine and structured equity investments with a specific focus on middle market issuers. Due to the strong performance of the track record coupled with growing transaction flow PPC is currently fundraising for its seventh corporate Mezzanine fund PGIM Capital Partners VII (PCP VII). The Fund Operations Analyst hired for this role will be expected to play an integral role in continuing to grow the strategy.

What you can expect

  • Prepare financial statements performance returns and intricate incentive and management fee calculations.

  • Maintain accurate performance metrics that are presented to PPC leadership.

  • Cash management via finance facilities for investment fundings investor capital activity and FX settlements.

  • Collaborate with the funds tax compliance providers and auditors to ensure that reporting deadlines are met.

  • Effectively manage monthly and quarterly deliverables across various internal and external teams.

  • Assist in the preparation and review of investor communications.

  • Support Investor Relations during fundraising and new product exploration.

  • Ability to effectively communicate with portfolio companies fund managers service providers and investors.

  • Join a global operations team by working with staff located in Chicago Newark and Ireland.

What you will bring

  • 13 years of accounting audit tax fund administration or operations experience in financial services

  • Proven experience with financial statement preparation and accounting guidelines

  • Previous exposure with private credit funds is a plus

  • Strong presentation written communication and interpersonal skills with exposure to all levels of management

  • Superior analytical skills accuracy and careful attention to detail are crucial

  • Energetic person who brings positivity geniality and optimism to work

  • Critical thinking and problemsolving experience required

*PGIM welcomes all applicants even if you dont meet every requirement. If your skills align with the role we encourage you to apply.

About PGIM Private Capital

At PGIM Private Capital 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.

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.


Required Experience:

IC

Employment Type

Full-Time

About Company

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