PGIM Fixed Income: Head of Mortgage Credit Research (Hybrid/Newark, NJ) at Pgim in Newark, NJ | USD200,000-225,000 | Kablio

Role

Description

regulatory monitoring

credit analysis

tool development

underwriting

esg assessment

client presentation

Responsibilities may include monitoring U.S. and global regulatory changes, accounting and capital requirement changes, federal, state, and global lending laws, and any legal precedents
Training and development of junior analysts
Undertaking the ongoing monitoring and analysis of existing positions to assess credit risk, credit ratings stability, cash flow volatility, portfolio positioning and trading opportunities
Building and maintaining relationships with sell side firms and issuers
Maintaining views on industry-wide issues that impact originators, broker/dealers, and investors
Working closely with the structured products portfolio managers on all aspects of mortgage credit sectors: communicating credit and risk/reward opinions; highlighting changing fundamental viewpoints; helping to establish the strategic direction investing in the sector
Underwriting public RMBS, mortgage whole loan and mortgage related ABF investment opportunities: developing tools for analyzing residential mortgage credit risk; negotiating document terms with issuers, sponsors, and other transaction parties; determining proprietary credit ratings; performing an ESG review of the issuer and transaction parties and assigning a proprietary ESG Impact score
Presenting results from transaction-specific and sector-wide analyses to wider internal and external audiences, including portfolio managers and clients

Requirements

mortgage modeling

fixed income

10+ years

mba/cfa

leadership

teamwork

Possesses strong attention to detail and possesses excellent creative and technical skills
Candidate should have a minimum of 10 years of experience in mortgage credit research
Demonstrated experience in developing and utilizing mortgage models, either independently or in close collaboration with a quantitative modeling team.
Solid capabilities in fixed income mathematics
Outstanding performance in prior experience and demonstrated leadership qualities
BA/BS degree (MBA, MS and/or CFA are pluses)
Possesses strong communication and presentation skills
Works well as part of a team and enjoys a fast paced, high intensity environment

Benefits

Company-funded pension plan.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
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.
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.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
401(k) plan with company match (up to 4%).
Market competitive base salaries, with a yearly bonus potential at every level.
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

regulatory monitoring

credit analysis

tool development

underwriting

esg assessment

client presentation

Responsibilities may include monitoring U.S. and global regulatory changes, accounting and capital requirement changes, federal, state, and global lending laws, and any legal precedents
Training and development of junior analysts
Undertaking the ongoing monitoring and analysis of existing positions to assess credit risk, credit ratings stability, cash flow volatility, portfolio positioning and trading opportunities
Building and maintaining relationships with sell side firms and issuers
Maintaining views on industry-wide issues that impact originators, broker/dealers, and investors
Working closely with the structured products portfolio managers on all aspects of mortgage credit sectors: communicating credit and risk/reward opinions; highlighting changing fundamental viewpoints; helping to establish the strategic direction investing in the sector
Underwriting public RMBS, mortgage whole loan and mortgage related ABF investment opportunities: developing tools for analyzing residential mortgage credit risk; negotiating document terms with issuers, sponsors, and other transaction parties; determining proprietary credit ratings; performing an ESG review of the issuer and transaction parties and assigning a proprietary ESG Impact score
Presenting results from transaction-specific and sector-wide analyses to wider internal and external audiences, including portfolio managers and clients

Requirements

mortgage modeling

fixed income

10+ years

mba/cfa

leadership

teamwork

Possesses strong attention to detail and possesses excellent creative and technical skills
Candidate should have a minimum of 10 years of experience in mortgage credit research
Demonstrated experience in developing and utilizing mortgage models, either independently or in close collaboration with a quantitative modeling team.
Solid capabilities in fixed income mathematics
Outstanding performance in prior experience and demonstrated leadership qualities
BA/BS degree (MBA, MS and/or CFA are pluses)
Possesses strong communication and presentation skills
Works well as part of a team and enjoys a fast paced, high intensity environment

Benefits

Company-funded pension plan.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
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.
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.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
401(k) plan with company match (up to 4%).
Market competitive base salaries, with a yearly bonus potential at every level.
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