PGIM Real Estate - Associate Surveillance Analyst

Job Classification:

Investment Management - Investment Operations

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:

The Associate Surveillance Analyst will be responsible for monitoring collateral and credit performance for commercial mortgage loan portfolios across multiple capital sources including analyzing in-place or expected stabilized cash flows with market trends.  They will work closely with portfolio managers, asset managers, various investors and agencies.  This role offers an outstanding opportunity to learn and develop a broad range of financial, credit, analytical, and presentation skills.

This team is following a hybrid schedule and are on-site three days a week between the hours of 8:00am and 5pm CT.

The successful candidate will benefit from a broad exposure to all aspects of PGIM RELS’ commercial real estate servicing business including:

• Development of strong credit and real estate valuation skills.
• Opportunity to travel for property inspections.
• Exposure to all commercial property types (multifamily, industrial, retail, office, hospitality, and healthcare) and exposure to various real estate markets throughout the US, Europe, and Asia.
• Experience with multiple real estate capital sources and lending programs.
• Direct interaction with senior members of PGIM RELS, PGIM REF, senior management, borrowers, investors and agencies.
• Development of critical skills required in asset management and origination roles.

What you can expect:

• Analyze historical operating trends for various property types, identifying variances and potential areas of risk associated with the operations of the property.  Provide written analysis identifying key trends and issues, noting any corresponding mitigants.  Discuss relevant issues and provide remedies. 

• Provide analytical support to senior members of the team on a wide variety of assignments, including historical trend analysis, cash flow modeling, risk analysis, property valuation, market analysis, and borrower and tenant credit analysis.
• Attention to accurate detail, take initiative to continually improve the integrity of portfolio information and meet capital source reporting deadlines.
• Research and analyze market data, monitor trends and comparable transactions with portfolio cash flows to determine collateral value and risk.

What you will bring:

• Bachelor’s degree in Finance, Economics, Mathematics, Real Estate or related discipline.
• Understanding of basic financial modeling and valuation terms, concepts and methodologies.
• Strong quantitative skills and demonstrated analytical ability.
• Computer proficiency with a strong working knowledge of Microsoft Excel.
• Strong interpersonal and customer service
• Ability to create/build and maintain relationships with internal and external parties.

What will set you apart

• Excellent written and verbal communication skills.
• Strong organizational skills and attention to detail with ability to manage multiple projects simultaneously and prioritize work based on established deadlines.

*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, edu