PGIM Analyst, Fund Operations (Hybrid/ Chicago, IL)
PGIMAbout the role
Job Classification:
Investment Management - Investment OperationsA 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 PGIM Direct Lending Fund Operations team is seeking an Analyst to join the Direct Lending product.
The Direct Lending strategy within PGIM is responsible for originating, underwriting, and managing a portfolio of privately placed leveraged loans for middle market issuers ($10–100 million of EBITDA). The strategy spans multiple fund structures—including limited partnerships, SEC registered funds, parallel funds, separately managed accounts, and structured vehicles such as CLOs—and continues to evolve in response to growing transaction flow and investor demand.
The Fund Operations Analyst will play a high‑impact role supporting the execution and ongoing oversight of complex fund structures. The role spans financial, performance, and investor reporting, while also contributing to the operational readiness of new investment vehicles. This position offers broad exposure to fund operations and product development, with close collaboration across investment, legal, compliance, and finance teams in Chicago, Newark, and Ireland.
What you can expect
Prepare financial statements and performance returns for Direct Lending investors, including intricate incentive fee and management fee calculations
Assist in the preparation and review of investor communications, including capital activity calculations and quarterly reporting
Maintain accurate performance metrics that will be presented to PGIM leadership for regular reporting and analysis updates
Proactively organize, manage, and settle the funds’ expense invoices
Effectively manage monthly deliverables across various internal and external teams
Proactively manage and complete ad hoc initiatives and projects
Support Investor Relations during fundraising and new product exploration
Communicate with investment companies, fund managers, service providers, and investors
Join a global operations team by working with staff located in Chicago, Newark, and Ireland
What you will bring
2+ years of accounting, audit, tax, fund administration, or operations experience in financial services
Proven experience with financial statement preparation and accounting guidelines
Previous exposure with Wall Street Office or Investran is a plus
Previous exposure with Direct Lending and private credit funds is a plus
Strong presentation, written communication and interpersonal skills with exposure to all levels of management
Superior analytical skills, accuracy and careful attention to detail are crucial
Energetic person who brings positivity, geniality and optimism to work
Critical thinking and problem-solving experience required
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
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 $90,000 to $105,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
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.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Progr
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