PGIM Quantitative Solutions, Investment VP, Multi-Asset Research (Hybrid)

Job Classification:

Investment Management - Portfolio Research

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!

What you will do

PGIM Quantitative Solutions is looking for a Multi-Asset Research VP to work within their Multi-Asset Research Team.  The successful candidate will assist in conducting quantitative investment research to support Multi-Asset investment strategies. The position will report directly to the Director of Multi-Asset Research.

What you can expect:

• You will conduct original quantitative research on a variety of topics. Research areas include tactical allocation across asset classes, sectors, and regions as well as long/short absolute return alpha research within an asset class
• You will follow, digest and analyze the latest academic research
• You will manage all aspects of the research process, including idea generation, data collection and analysis, hypothesis development and testing, back-testing, portfolio analysis, and implementation
• You will provide other research and organizational support as needed

What you will bring:

• Top tier academic credentials in finance, economics, mathematics, and statistics (Graduate degree required, Ph.D. preferred)
• 2-5 years of experience in quantitative research and implementation in a multi-asset allocation, global macro, or equity investment group. Proven experience in linking macroeconomic and fundamental data with financial data in modeling asset prices
• Strong knowledge of modern financial economic theory: asset pricing, portfolio theory, factor risk models, macroeconomics, econometric and statistical models, and familiarity with derivative pricing models
• Programming in MATLAB or Python and working knowledge of SQL
• Ability to work both independently and collaboratively within a team
• Ability to solve problems in a creatively and deliver high quality results in a timely fashion
• Ability to effectively communicate ideas to both internal and external audience

What will set you apart:

• Knowledge of machine learning, artificial intelligence, and natural language processing
• Flexibility on research topics and priorities
• Ph.D. in finance, economics, mathematics, statistics or related discipline

PGIM believes in the Power of a Hybrid work arrangement.  The Power of Hybrid is both the flexibility of work from home, as well as the networking and career development of in-person work with colleagues through weekly anchor day(s). This position will work a hybrid schedule in our Newark, NJ office.

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*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, visit Work Life Balance | Prudential Careers

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The base salary range for this role is from $150,000 to $190,000. Specific pricing for the role may vary within the range based on many factors including geographic location, candidate experie