PGIM Fixed Income Compliance, Portfolio Risk Surveillance Analyst (Hybrid)

Job Classification:

Corporate - Legal and Compliance

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

PGIM Fixed Income, a division of PGIM Inc., an SEC-registered investment adviser and a business unit of Prudential Financial, Inc. is seeking a Portfolio Risk Surveillance Analyst. PGIM Fixed Income has approximately $776 billion in assets under management as of June 30, 2023, with a broad array of fixed income strategies and client types including institutional separate accounts, sub-advised mutual funds, CLOs, offshore and onshore commingled and separate client accounts.

PGIM Fixed Income has a strong commitment to its customers, including mutual fund investors, corporations, public retirement funds, Taft-Hartley plans, sovereign wealth funds, insurance companies, foundations, and endowments.

The Portfolio Risk Surveillance Analyst role is a member of the Investment Guidelines Team which is embedded directly in the PGIM Fixed Income business and interacts with Trading, Client Services, and Operations daily. The Investment Guidelines Team is responsible for ensuring that PGIM Fixed Income portfolios are managed in accordance with applicable regulatory, internal, and contractual requirements. The Investment Guidelines Team uses BlackRock Solution’s Aladdin investment management platform as the primary compliance monitoring system. This is an exciting, fast-paced, and deadline-driven environment, which requires excellent interpersonal and time management skills.

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Monitor automated fixed income portfolio investment guidelines using Aladdin as well as manual processes where required
• Research potential violations by partnering with Data, Client Service, Portfolio Management and Operations teams as needed
• Prepare client certifications and other reporting
• Respond to ad hoc compliance requests regarding portfolios and trading
• Work on various transformation projects

What you’ll need:

• Knowledge of financial markets and ability to learn the nuances of fixed income markets
• Interest or experience with the BlackRock Solutions’ Aladdin system or comparable technology skills such as advanced Microsoft Excel skills (e.g. VBA), SQL, Python, Perl, etc are preferred but NOT required
• Strong data analysis skills with the ability to gather and draw actionable conclusions from that data
• Excellent written and verbal communication skills, organizational skills, and attention to detail

It’d be a plus if you had:

• Understanding of key business risks, marketplace and regulatory environment
• Ability to lead organizational transformation in areas of effectiveness and improvement
• Understanding of customer needs and challenges
• Ability to collaborate in a fully inclusive and transparent manner

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.

At Prudential, you can:

Take charge of your career. People who have successfully developed their skills in this role have become the primary relationship managers for, and led projects with, numerous different fixed income trading desks over time.

We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• 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
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