Job Classification:
Investment Management - Investments
Role Description
This is an Analyst position within the Portfolio Management team of PPC Direct Lending. We invest in middle-market companies primarily in the US and Western Europe in buyout transactions, refinancings, recapitalizations, growth investments, and more. The PM team is responsible for overseeing a $5bn+ AUM portfolio of private credit loans and serves as the eyes and ears of our portfolio. You will monitor issuer performance, analyze portfolio performance, and provide insights directly to our investment committee that will impact investment decisions.
You will be working with a tight-knit team and interact with investment professionals across many different groups and offices with a direct line to the Head of Portfolio and Underwriting. We are a fast-growing team that will allow you to get involved in different parts of the business and special projects including data analysis, fundraising, and securitization (CLO). This role will teach you the full anatomy of how investments and funds operate in one of the fastest growing asset classes.
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What you can expect
- Challenging and interesting work - we are one of the largest investors in the private capital markets
- Formal structured training alongside on the job training
- Foundational, broadly applicable training on how to better understand how to manage a portfolio of investments and have direct impact in the lifecycle of an investment
- Being a part of a large, vibrant and diverse cohort of Analyst Program peers across the globe
- Direct, daily partnership with senior level investment professionals across multiple teams and offices
- A collaborative and collegial team environment where your contributions have a major impact
- Exposure to a broad range of industries including technology, service, manufacturing, consumer products, and financials
- A fast-paced learning environment while maintaining a balanced life
Day to Day Analyst Responsibilities
- Financial modeling and credit analysis
- Portfolio and credit monitoring
- Develop strategy and insight to our Investment Committee
- Assist in portfolio strategy across funds, CLOs, and BDCs
- Assist in loan valuation
- Financial reporting to investors and financing providers
- Preparation of fundraising materials and special projects
What you will bring
- Bachelor's degree in accounting or finance preferred, with a strong record of academic achievement
- Excellent analytical, writing, communication and interpersonal skills
- Interest in portfolio management and investing
- A flexible "startup" mindset
- Successful candidates must possess US employment authorization to be eligible for consideration. Prudential does not provide visa sponsorship for this position.
What will set you apart
- 1-3 years direct lending and/or loan portfolio management experience
- Prior work experience in portfolio management, accounting, and/or investment operations
We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
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, visit https://jobs.prudential.com/us-en/about/work-life
About PPC Direct Lending
PPC Direct Lending is the direct lending strategy within PGIM Private Capital responsible for originating, underwriting, and managing a portfolio of privately placed leveraged loans for middle market issuers ($10-100 million of EBITDA). These loans are originated from the PPC regional office network as well as the dedicated central PPC Direct Lending team via private equity and family office sponsors, advisors / intermediaries, other direct lending partners, and directly from issuers. PPC has been originating leveraged loans for 20+ years on behalf of Prudential's balance sheet. PPC is currently investing out of its second third-party fund, PGIM Senior Loan Opportunities II (PSLO II) with a target of $3.0bn in commitments, as well as various other vehicles including a BDC and CLO.
About PGIM Private Capital
At PGIM Private Capital (PPC), 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 large-scope, small-team 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.
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.
At PGIM, You Can!
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.