PGIM Investment Associate (Asset Based Finance)
Newark, DE - USA
Job Summary
Job Classification:
Investment Management - InvestmentsA 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 ever-changing 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 PGIM You Can!
What you will do
We are seeking a highly motivated Investment Associate to join our Asset Based Finance (ABF) investment team. The Associate will support senior investment professionals across the origination underwriting structuring execution and portfolio management of private credit investments. This individual will work closely with deal leaders to evaluate opportunities conduct credit analysis structure transactions coordinate execution processes and present investment recommendations to internal and external stakeholders.
This position follows a hybrid work model with working 3 days in the Newark NJofficeand 2 days remote.
What you can expect
Perform detailed credit analysis of borrowers collateral pools transaction structures and counterparties.
Build and/or maintain financial models cash flow analyses stress scenarios and sensitivity analyses.
Conduct industry and market research to support investment decisions.
Assist in developing investment theses and recommendations.
Support deal leaders in structuring private credit and asset-based finance transactions.
Coordinate execution workstreams across internal and external stakeholders.
Manage transaction timelines deliverables and closing processes to ensure efficient execution.
Prepare investment memoranda underwriting materials and presentation decks for internal approval processes.
Present transaction analyses and recommendations to investment committees and senior management.
What you will bring:
- Bachelors degree in Finance Economics Accounting or related field
- 2 years of experience in private credit leveragedfinance structured credit investment banking or related investing roles
- Strong credit underwriting skills with hands-on experienceanalyzing corporate borrowers structured transactions and/or asset-backed portfolios and executing deals across the full transaction lifecycle from underwriting and structuring through documentation and closing.
- Demonstrated experience building and interpreting financial models including cash flow analysis scenario modeling and downside stress cases
- Ability to evaluate complex deal structures collateral pools and legal frameworks with attention to detail
- Ability to manage multiple transactions and deadlines in a fast-paced environment
What will set you apart:
- Exposure to asset-based finance or securitized products
- Advanced degree (MBA) or progress toward CFA is a plus
- High level of intellectual curiosity strong analytical mindset and proactive problem-solving approach
- Collaborative team player with the ability to work effectively across internal teams and external partners
- Excellent written and verbal communication skills
*PGIM welcomes all applicants even if youdontmeet every requirement. If your skills align with the role we encourage you to apply.
Prudential is required bystate specificlaws 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 $120000 to $ pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills. This role is also eligible foradditional
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.
- 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).
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.
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:
IC