PGIM Fixed Income - Analyst, Data Integrity

Prudential Financial • Newark, NJ

31d • $90,000 - $105,000

About The Position

The primary responsibility of the Analyst is to maintain the highest quality of indicative data, market pricing, and analytical values for fixed income securities in order to ensure a first-class risk management process. Analysts will develop expertise in a wide range of fixed income securities including, Treasury, Agency, MBS, CMBS, CMOs, ABS, Investment Grade Corporates, High Yield Corporates, Bank Loans, Emerging Markets Debt, Global Non-Dollar Securities, Derivatives, Municipals, and Money Market Instruments. The successful Analyst will effectively balance daily functions with numerous ad-hoc requests. These requests generally include portfolio, benchmark, peer, market, and economic data collection and analysis.

Requirements

• Undergraduate degree in Finance, Mathematics, Economics or related field of study
• 2+ years or more of fixed income experience, with proven knowledge of a product area and its processes
• Strong ability to independently identify and resolve workflow issues or complex data problems
• High attention to detail
• Understands complex data structures and the implication of processes on other groups and downstream systems
• Works well as part of a team
• Enjoys a fast-paced, high-intensity environment
• Possesses excellent communication skills
• Possesses excellent analytical and technical skills. Intermediate - Advanced Microsoft Excel skills are required
• Has a passion for financial markets, products, and the investment management process
• Has an entrepreneurial spirit that is willing to take on additional responsibility quickly

Nice To Haves

• Familiarity with data visualization tools (Tableau, Power BI) is preferred.
• Programming experience in Visual Basic, SQL, and Python are a plus
• Experience working with one or more of the following platforms Blackrock Aladdin, Bloomberg or Refinitiv Eikon

Responsibilities

• Learning and understanding in detail many different product types within the fixed income market as well as the different risk characteristics associated with each product
• Reviewing and verifying that fixed income securities are set up properly for trading and ongoing maintenance
• Interacting closely with Portfolio Analysts in performing analysis on a security and portfolio level.
• Monitoring and reviewing security updates that arrive from various data sources for accuracy
• Reviewing new sources of security master data, as well as collecting and reviewing manual sources of data, including prospectuses, private placement memorandums, offering memorandums, remittance reports and the broker dealer community
• Reviewing data integrity reports for missing data components and monitoring security master changes for accuracy
• Review relevant Fixed Income indices for data and modeling accuracy.
• Researching the impact of data and changes on the risk attributes of a security or portfolio
• Contributing as part of a team that will often consist of all levels of the Firm. Innovative ideas and input are expected and sought from everyone involved
• Strong organizational skills, and ability to effectively communicate and collaborate with business, operations and technology teams
• Collaborate with data governance related activities, including data quality focus, data dictionary maintenance, understanding data lineage, issue tracking and reporting, and data quality metrics

Benefits

• 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 Programs 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, 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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level