Job Information
Prudential Ins Co of America PGIM Analyst, Investment Operations (Hybrid-Tampa, FL/Newark, NJ) in Newark, New Jersey
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 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, 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
We are looking for an Investment Operations Analyst to join our PGIM Operations, Private Accounting and Trade Management team which is part of PGIM Operations and Innovations group (O&I)
As an Investment Operations Analyst, you will be responsible for validating of portfolio and transaction level activity including trades, income payments, corporate actions, and deal restructurings in sub-ledger systems; Preparing and verifying general ledger entries; Completing reconciliations to custody banks, trade systems and financial statements; In addition to providing various reports to business partners.
This position is based in one of our offices in Tampa, FL or Newark, NJ and will follow a hybrid schedule (2 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.
What you can expect
Validation of portfolio and transaction level activity including trades, income payments, corporate actions, and deal restructurings in sub-ledger systems
Reconcile cash activity to bank, work with bank on discrepancies.
Prepare and verify general ledger entries.
Prepare monthly reconciliations of balances between the accounting system and the general ledger
Ensure financial statement balances are in accordance with GAAP & STAT principles.
Interface with various clients and business partners
Prepare data for use in financial statement disclosures
Provide support for various audits with internal and external auditors.
Prepare reports for our various internal and external business partners
Work with the Technology team on systems improvements to the accounting system
What you will bring
Bachelors degree in Accounting, Economics, Finance or Business.
Ability to understand and analyze basic accounting principles and financial statements.
Strong written, oral communication, and interpersonal skills
Good organizational and time management skills
Strong quantitative and analytical skills
Works well in a team environment.
What will set you apart?
Advanced proficiency with Microsoft Excel and Word
Strong attention to detail with the ability to summarize and communicate complex issues effectively, both orally and in writing
Prior background / internship experience in investment management or financial services Industry is strongly preferred.
*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 Total reward package 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 $60,000 to $70,000. 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 Operations and Innovation Group (PGIM O&I)
PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.
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...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity