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Prudential Ins Co of America PGIM Fixed Income - Associate, Investment Risk Management (Hybrid / Newark, NJ)ent in Newark, New Jersey

Job Classification:
Investment Management - Investments
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, were always looking for ways to improve financial services. Were 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, youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading global asset managers! If youre not afraid to think differently and challenge the status quo, come and be a part of a dedicated team thats investing in your future by shaping tomorrow today.
At PGIM, You Can!
What you will do:
PGIM Fixed Income Investment Risk Management team is responsible for overseeing risk positioning for over $500 billion in third-party client assets in more than 600 individual portfolios. Investment Risk is a close-knit group of technical and motivated individuals operating in a cooperative environment. The group works closely with the rest of the investment organization in a variety of roles including the development and maintenance of risk budgets, consultation with the trading desks concerning portfolio positioning and development of Fixed Incomes proprietary risk system.
What you can expect:
Attend and participate in internal portfolio management and strategy review meetings to represent risk management and keep up with market developments, sector views and trading strategies
Assist with the review of risk related aspects of client guidelines to identify constraints that will influence portfolio construction and/or internal alpha targets and risk budgets. Coordinate with client advisors to negotiate acceptable resolutions
Support the team with client/portfolio onboarding and account maintenance including coordination with Client Advisors, Client Onboarding, Compliance, Portfolio Analysts and Portfolio Managers, as necessary
Assist with the creation of documentation and presentation materials for use internally and with clients to describe various aspects of our proprietary internal analytics
Provide support to all aspects of the risk management function, including oversight of daily portfolio risk positioning, interaction with portfolio managers to address risk issues, review and sign-off on the risk related aspects of client guidelines, risk budgeting, addressing client inquiries, responding to ad-hoc requests for risk analysis or information from internal and client sources, etc.
Coordinate with Quantitative Modeling and Strategies and the systems group on designing, testing, implementing and documenting changes to our proprietary internal risk analytics and systems. Meet with affected trading desks to review proposed changes and highlight impacts on portfolio risk
Coordinate with associates in investment risk and the Quantitative Research Group to prepare responses to due diligence questionnaires, requests for proposals and ad-hoc inquiries from clients and prospects related to our Investment Risk Management Framework
What you will bring:
3+ years in a buyside fixed income role working directly with portfolios
Demonstrated competence with statistical, quantitative and technical aspects of fixed income markets
Extensive experience with MS Excel, Tableau, Python, SQL and other technical data analysis / modeling tools and ability with to work with large datasets
Bachelors degree, preferably with concentration(s) in Finance, Economics, Mathematics, Business, Data Analytics or Engineering
Clear, professional communications (listening, oral and written communications)
Exceptional organizational and task/project management skills. Ability to manage multiple, and at times competing, priorities to specific deliverable timelines within both a team construct and individually
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 Programsto 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 Resourcesto help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.
Tuition Assistanceto help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
* To find out more about our Total Reward package, visitWork Life Balance | Prudential Careers
Salary Range Disclosure
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 $125,000 to $155,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also eligible for additional compensation and/or benefits including a competitive, discretionary annual cash bonus opportunity along with long term incentive awards. Eligibility to participate in the discretionary annual incentive programs are subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.
About PGIM Fixed Income
PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately...

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