About The Position

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! PGIM Global Services provides the operations and technology support that contributes to PGIM being a world-class investment manager. We supply transaction-level support, generate and report investment results and ensure that our investment results are accurately reflected on our books and records. This position will support the Derivatives Accounting & Reporting Group responsible for providing accounting, financial reporting, and recordkeeping support for Prudential and its subsidiaries. The financial reporting is performed on a Statutory, GAAP, GAAP Stand Alone, and Tax basis specifically supporting the Derivatives asset type. This is a hands on opportunity that leverages investment knowledge, technical and analytical skills, strong work ethic and interpersonal skills. This position is based in one of our offices in Tampa, FL Or/ Newark, NJ and will follow a hybrid schedule (3 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

Requirements

  • Bachelor degree required with a major in Finance, Business, Economics, Accounting or Information Systems preferred
  • Experience with investment security types is a plus.
  • Strong PC skills with proficiency in MS Excel
  • Strong analytical and problem solving skills
  • Ability to organize/prioritize tasks and work in a deadline oriented environment
  • Tight-knit collaboration and interpersonal skills
  • Good organizational skills, resourcefulness and attention to detail
  • Strong oral and written communication skills
  • Ability to multi-task/juggle multiple assignments and meet deadlines

Nice To Haves

  • Knowledge of Oracle General Ledger
  • Prior background / internship experience in investment management or financial services Industry is strongly preferred.

Responsibilities

  • Support the daily processing and monitoring of a wide array of derivative asset types, their cash settlements, and collateral movements.
  • Prepare monthly, quarterly and annual Statutory, GAAP, and Tax reporting to meet all regulatory filing requirements.
  • Partner with internal clients and business partners to complete various ad-hoc requests and special projects.
  • Identify, implement and perform key controls that will improve overall data quality.
  • Utilize various applications such as PAM(Accounting System), Oracle Ledger, Cognos reports, MS Excel, etc. to analyze data and prepare financial reporting.

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.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Industry

Funds, Trusts, and Other Financial Vehicles

Number of Employees

1,001-5,000 employees

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