Job Classification:

Finance & Accounting - Finance & Accounting

Are you looking to kickstart a fruitful career in Treasury? We are seeking a Senior Treasury Associate on the Bank Administration team within Corporate Banking responsible for managing the banking requirements of Prudential’s lines of business. Corporate Banking is part of the Treasury Department and is responsible for bank administration and cash management activities. Business unit account structures may change due to new lines of business, new products, business restructures and M&A activity. The Senior Treasury Associate will liaise between the business units and the banks to understand and implement required services.

The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business.

What you’ll do:

• Provide internal consulting services to Prudential’s business units with respect to banking and account structures
• Support business unit requests for bank account maintenance including, but not limited to, bank account openings, closings, and changes associated with the accounts. This includes preparing the necessary documentation for the bank, obtaining required signatures, working with Legal and Corporate Secretary’s to obtain corresponding legal documents, and communicating with the business throughout the process.
• Register custody accounts in foreign markets, which is an extensive, complex process involving collaboration across business unit disciplines and the banks
• Assist with complex project-related assignments, including reviewing bank account information, global bank account reporting, external reporting and technological enhancements
• Investigate, research, and resolve requests and inquiries received from business units and banks
• Create and maintain procedures and workflow documents

What you’ll need:

• Bachelor’s Degree in finance, accounting, economics or business administration
• 2 years’ work experience with Prudential’s banking process OR relevant commercial banking experience
• Excellent oral and written communication skills to effectively coordinate and complete requests with banks and internal global business partners
• Strong organizational skills and the ability to manage multiple tasks
• Good problem solving and decision-making skills to respond to inquiries in a timely manner
• Strong interpersonal skills to support relationships within the Treasury Department and with business partners and service providers
• Advanced skills in Microsoft Office, particularly in Word and Excel
• Ability to work well under pressure and meet aggressive deadlines
• Overtime required during peak periods

What we offer you:

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 $59,300.00 to $88,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

• 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 $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 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 organ