Job Classification:

What you will do

We are seeking a Senior Structuring Associate to join our Product Development Team which manages the product development lifecycle and plays a critical role in creating structuring and delivering innovative investment strategies (public and private) to global investors across all channels (including retail institutional insurance US and Non-US).

This role will be at the forefront of structuring oversight and rating agency engagement for rated feeders and other structured products including collateralized fund obligations and multi-asset class initiatives. The position will have the opportunity to shape the future of PGIMs structured products offered to our private credit investors as well as work alongside industry

Prior hands-on experience from an investment bank rating agency or private credit manager is preferred specifically with respect to structuring private credit vehicles and possessing a strong understanding of the direct lending and broader private credit landscape.

What you can expect

• Lead the structuring launch and monitoring of rated feeder vehicles and other innovative structured products such as collateralized fund obligations and multi-asset class solutions.

• Manage and maintain relationships with rating agencies structuring advisors counsel and/or investors ensuring timely and accurate engagement throughout product lifecycle.

• Provide oversight of product structuring processes from initial design through execution and ongoing management.

• Support due diligence documentation and marketing efforts related to structured product launches.

• Collaborate closely across PGIMs cross-functional teams (investment teams portfolio management legal compliance operations and distribution) to ensure seamless delivery and execution.

• Monitor market trends and regulatory developments in private/public credit and structured products to inform product strategy and design.

• Maintain technical expertise and understanding of regulatory legal and tax frameworks proactively considering the implications on new and existing products and responses to changing requirements.

• Help serve as a subject matter expert on structured products for internal and external stakeholders advising on best practices and innovation.

What you will bring

• 35 years of relevant experience; preferably in investment banking with a focus on structuring advisory for private credit managers or related experience in asset management or a rating agency.

• Strong understanding of the private and public credit markets and vehicle structures.

• Proven experience with rated feeders collateralized fund obligations and/or multi-asset class structured products.

• Capacity to handle multiple projects simultaneously; strong execution and follow-through skills in a fast-paced environment.

• Self-starter with excellent analytical communication organizational and problem-solving skills.

• Team-player with the ability to work collaboratively and cross-functionally within a dynamic team environment.

• Strong attention to detail and commitment to delivering high-quality results.

• Proficient in full Microsoft suite and financial modeling

*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 annual base salary range for this role is from $135000 to $155000. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills.

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%).

• Company-funded 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 part-time employees scheduled to work less than 20 hours per week.