Job Classification:
Technology - Risk & Governance
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing 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, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!
If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.
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At PGIM, You Can!
What you will do
In PGIM Fixed Income, the Data Integrity Group is responsible for ensuring the highest quality of indicative data and analytical values for fixed income securities to ensure a first-class risk management process. The role requires expertise in the different product types within the fixed income market, including Government Securities, Mortgage-Backed Securities, Investment Grade Corporate Bonds, High Yield Corporate Bonds, Emerging Market Debt, Quasi-Sovereign Bonds, Global Securities, Structured Products, CLOs, Bank Loans, Derivatives, Municipal Securities, and Money Market Instruments.
The ideal candidate for this role ensures the risks of all new securities are properly modeled and understood and interacts closely with portfolio analysts and other stakeholders to troubleshoot data or risk issues that arise. The position contributes as part of a team that will often consist of many levels of the Firm. Frequent interaction with other Operations teams, Portfolio Managers and Traders, Investment Risk Management, Quantitative Modelers, Portfolio Analysts, Credit Research Analysts, the Technology Solutions Group, Portfolio Administration, Performance Reporting, Compliance, and Client Reporting is customary.
This position is performed in a hybrid manner with a mix of work performed from our office in Newark, NJ and remotely. Our organization follows a hybrid work structure where employees meet with their team in the office on set days of the week and can work remotely the remainder of the week. Working from the office is encouraged when working on tasks that require a high degree of collaboration and may be required during group specific events (Town Halls, etc.).
What you can expect
- Responsible for managing Data Integrity Group staff, including playing a key role in recruitment efforts; the role requires active involvement in the day-to-day functions and responsibilities of junior analysts and having an integral role in their career development, providing staff with feedback and coaching on an ongoing basis.
- Coordinate work performed within the function, including allocating resources to ensure work is completed accurately and timely; continuously evaluate existing data controls; create and implement new controls that increase data integrity.
- Ensure that Data Governance related activities are prioritized appropriately, and all deadlines are met; ensure data quality metrics are accurately recorded, actively monitored, and data issues are remediated on an ongoing basis.
- Responsible for the management of Aladdin issue resolution and new data and enhancement requests with the Blackrock Solutions team.
- Explore the application of artificial intelligence to security data modeling, data quality rule creation, and data issue identification.
- Responsible for project implementation, multiple one-time Operations or Technology-related projects, in addition to supporting a production environment, including documenting business requirements, allocation and coordination of resources, staff training, development of innovative solutions, and project implementation.
- Interface with external entities, including vendors, consultants, and clients, which will require business/technical expertise, and with internal technology teams and business partners to discuss requirements and set priorities.
- Supervise audits of the data integrity function and processes, serving a liaison with internal and external auditors, regulatory agencies, and consultants, regarding audit scope, planning and implementation.
- Establish and ensures compliance with policies and procedures for activities within the group, including specific knowledge of controls required for SOC-1 certification and Sarbanes-Oxley requirements.
- Provide guidance and technical assistance to staff members when requested.
- Contribute and support inclusive behavior. Take actions which uphold the values in our culture statement. Act with a diverse and inclusive mindset.
What you will bring
- 5-7+ years of fixed income experience, with proven knowledge of a product area and its processes
- Bachelor's Degree.
- Strong ability to independently identify and solve problems that arise using innovative and creative thinking.
- High attention to detail
- Understands complex data structures and the implication of processes on other groups and downstream systems.
- Works well as part of a team
- Enjoys a fast-paced, high-intensity environment
- Possesses excellent communication skills
- Possesses analytical, and technical skills. Microsoft Excel skills are required. Familiarity with data visualization tools (Tableau, Power BI) is strongly preferred.
- Programing skills of Visual Basics and SQL is a plus.
- Experience working with one or more of the following platforms Blackrock Aladdin or Bloomberg
- Has a passion for financial markets, products, and the investment management process
- Has an entrepreneurial spirit that is willing to take on additional responsibility quickly
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
What we offer you
- Medical, dental, vision, life insurance and PTO (Paid Time Off)
- Retirement plans:
- 401(k) plan with generous company match (up to 4%)
- Company-funded pension plan
- Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 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 health, and career development.
- Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
To find out more about our Total Reward package, Total Rewards Brochure
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 $135,000 to $170,000. 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.
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 $821Bn 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.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
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.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.