PGIM Quantitative Solutions - Investment Operations Associate at Pgim in Newark, NJ | USD60,000-70,000 | Kablio

Role

Description

trade monitoring

workflow management

discrepancy resolution

settlement oversight

cash adjustments

nav reconciliation

Follow-up on issues as related to assignments
Confirm any necessary adjustments/corrections with Traders and process trade corrections as needed
Monitor all trade processing in our Trade Order Management system
Day-to-day management of the trade processing workflow
Review and resolve trade discrepancies with brokers and custodians, gain agreement on all trade details (financial info as well as settlement info)
Ensure all trades are settled by market deadlines on settlement date, with particular emphasis on sensitive markets and short-settlement trades.
Post all cash adjustments and flows accurately and timely based on days cash package reconciliations.
Assist with ad hoc projects
During peak periods, the individual may be required to work after regular hours to get the job done
Handle incoming email issues; resolve or route accordingly
Build and maintain collaborative relationships with internal and external parties
Monthly Nav reconciliations to Fund Accountant or Custodians

Requirements

ba/bs

1-2 years

ms excel

bloomberg

power bi

quantitative

Excellent time management skills; work efficiently under the pressure of deadlines
BA/BS degree, preferably in Finance/Economics/Accounting
Excellent communication skills both verbal and written
Able to work in a team environment while taking individual responsibility for the quality and accuracy of his/her work
Quantitative/Analytical skills
Detail Oriented
Basic Bloomberg knowledge
Preferred knowledge of various AI platforms (Power BI, Co-Pilot, others)
1– 2 years of related experience in the accounting/operations area of the investment management industry preferred
Proficient in MS Excel, with an ability to learn new systems

Benefits

Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
Market competitive base salaries, with a yearly bonus potential at every level.
Company-funded pension plan.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
401(k) plan with company match (up to 4%).
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded as the asset management arm of Prudential Financial, it has grown into one of the world’s largest investment managers.
With a strong presence in over 30 countries, it offers a wide range of investment strategies across equity, fixed income, real estate, and alternative investments.
Its expertise spans from commercial real estate to renewable energy investments, targeting sectors with high growth potential.
It is known for its data-driven approach, leveraging advanced analytics and insights to deliver superior results for its clients.
Its diverse portfolio includes projects in infrastructure, energy, residential and commercial properties, and more.
The real estate division is particularly noted for its global reach, managing significant assets across North America, Europe, and Asia.
The firm is also making significant strides in alternative investments, focusing on private equity, hedge funds, and other non-traditional asset classes.
With a blend of traditional and innovative investment strategies, it delivers tailored solutions designed to meet the needs of institutional investors, pension funds, and individual clients.

Culture + Values

Trust
Respect
Equity
Meritocracy and diversity of thought, perspective, and experience

Environment + Sustainability

Net Zero by 2050

Operational Carbon Emissions Target

Committed to achieving net zero operational carbon emissions by 2050, demonstrating long-term sustainability goals.

50% Emissions Reduction

Building Emissions Target

Aligned with ULI Greenprint goals, aiming to reduce building emissions by half by 2030.

Headquarters LEED Gold certified with rainwater retention, rooftop garden, green walls, and EV charging stations.
Signatory of UN PRI since 2009 and joined GRESB in 2013.
Engaged Verdani Partners for global ESG consulting.

Inclusion & Diversity

58% employees globally

From Under-Represented Groups

A significant portion of the company's global workforce is comprised of individuals from under-represented groups, reflecting a strong commitment to diversity.

29.9% senior roles held by women

Women in Leadership

Women occupy nearly 30% of senior roles globally, indicating progress toward gender parity in leadership positions.

41.8% female employees globally

Gender Representation

Just over 40% of the company's global workforce identifies as female, showcasing a balanced gender distribution.

Five‑pillar DEI strategy

Comprehensive DEI Approach

The company has implemented a five-pillar strategy covering Talent, Culture, Industry, Investing, and Community to advance diversity, equity, and inclusion across all aspects of its operations.

Ron Andrews DEI Scholarship launched in 2020 for students from under‑represented backgrounds
PGIM is among first 25 signatories to USA & Canada DEI Code and has also signed the UK DEI Code

Articles

Role

Description

trade monitoring

workflow management

discrepancy resolution

settlement oversight

cash adjustments

nav reconciliation

Follow-up on issues as related to assignments
Confirm any necessary adjustments/corrections with Traders and process trade corrections as needed
Monitor all trade processing in our Trade Order Management system
Day-to-day management of the trade processing workflow
Review and resolve trade discrepancies with brokers and custodians, gain agreement on all trade details (financial info as well as settlement info)
Ensure all trades are settled by market deadlines on settlement date, with particular emphasis on sensitive markets and short-settlement trades.
Post all cash adjustments and flows accurately and timely based on days cash package reconciliations.
Assist with ad hoc projects
During peak periods, the individual may be required to work after regular hours to get the job done
Handle incoming email issues; resolve or route accordingly
Build and maintain collaborative relationships with internal and external parties
Monthly Nav reconciliations to Fund Accountant or Custodians

Requirements

ba/bs

1-2 years

ms excel

bloomberg

power bi

quantitative

Excellent time management skills; work efficiently under the pressure of deadlines
BA/BS degree, preferably in Finance/Economics/Accounting
Excellent communication skills both verbal and written
Able to work in a team environment while taking individual responsibility for the quality and accuracy of his/her work
Quantitative/Analytical skills
Detail Oriented
Basic Bloomberg knowledge
Preferred knowledge of various AI platforms (Power BI, Co-Pilot, others)
1– 2 years of related experience in the accounting/operations area of the investment management industry preferred
Proficient in MS Excel, with an ability to learn new systems

Benefits

Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
Market competitive base salaries, with a yearly bonus potential at every level.
Company-funded pension plan.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
401(k) plan with company match (up to 4%).
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded as the asset management arm of Prudential Financial, it has grown into one of the world’s largest investment managers.
With a strong presence in over 30 countries, it offers a wide range of investment strategies across equity, fixed income, real estate, and alternative investments.
Its expertise spans from commercial real estate to renewable energy investments, targeting sectors with high growth potential.
It is known for its data-driven approach, leveraging advanced analytics and insights to deliver superior results for its clients.
Its diverse portfolio includes projects in infrastructure, energy, residential and commercial properties, and more.
The real estate division is particularly noted for its global reach, managing significant assets across North America, Europe, and Asia.
The firm is also making significant strides in alternative investments, focusing on private equity, hedge funds, and other non-traditional asset classes.
With a blend of traditional and innovative investment strategies, it delivers tailored solutions designed to meet the needs of institutional investors, pension funds, and individual clients.

Culture + Values

Trust
Respect
Equity
Meritocracy and diversity of thought, perspective, and experience

Environment + Sustainability

Net Zero by 2050

Operational Carbon Emissions Target

Committed to achieving net zero operational carbon emissions by 2050, demonstrating long-term sustainability goals.

50% Emissions Reduction

Building Emissions Target

Aligned with ULI Greenprint goals, aiming to reduce building emissions by half by 2030.

Headquarters LEED Gold certified with rainwater retention, rooftop garden, green walls, and EV charging stations.
Signatory of UN PRI since 2009 and joined GRESB in 2013.
Engaged Verdani Partners for global ESG consulting.

Inclusion & Diversity

58% employees globally

From Under-Represented Groups

A significant portion of the company's global workforce is comprised of individuals from under-represented groups, reflecting a strong commitment to diversity.

29.9% senior roles held by women

Women in Leadership

Women occupy nearly 30% of senior roles globally, indicating progress toward gender parity in leadership positions.

41.8% female employees globally

Gender Representation

Just over 40% of the company's global workforce identifies as female, showcasing a balanced gender distribution.

Five‑pillar DEI strategy

Comprehensive DEI Approach

The company has implemented a five-pillar strategy covering Talent, Culture, Industry, Investing, and Community to advance diversity, equity, and inclusion across all aspects of its operations.

Ron Andrews DEI Scholarship launched in 2020 for students from under‑represented backgrounds
PGIM is among first 25 signatories to USA & Canada DEI Code and has also signed the UK DEI Code

Articles