Analyst Investment Operations , PGIM Operations ( Hybrid / Newark, NJ)

Prudential Financial • Newark, NJ

2d • $62,000 - $72,000 • Hybrid

About The Position

The Analyst Investment Operations supports day-to-day operations that help investment portfolios run smoothly and efficiently across equities, fixed income, foreign exchange, and derivatives. The role helps ensure transactions, portfolio activity, and investment data are processed accurately and on time, partnering with brokers, custodians, fund accountants, counterparties, and internal business teams to resolve issues, maintain data integrity, and support critical portfolio activities.

This position provides broad exposure to investment operations, asset servicing, reconciliation, derivatives, collateral, operational risk management, and process improvement. It is based in Newark, NJ and follows a hybrid schedule with three days in the office; remote work and office attendance may vary based on task demands and work preferences, with office attendance encouraged for work requiring substantial collaboration.

Requirements

• Bachelor’s degree in finance, accounting, economics, business, information systems, or a related field.
• Strong analytical and problem-solving skills.
• Strong attention to detail and commitment to accuracy.
• Effective verbal and written communication skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficiency with Microsoft Office applications, particularly Excel.
• Ability to work independently while collaborating effectively across teams.

Nice To Haves

• Interest in financial markets, investment management, and investment operations.
• Exposure to investment products such as equities, fixed income, foreign exchange, or derivatives through coursework, internships, or prior experience.
• Demonstrated interest in process improvement, automation, data analysis, or operational excellence initiatives.

Responsibilities

• Support settlement of investment transactions across equities, fixed income, foreign exchange, and derivatives.
• Coordinate with brokers, custodians, fund accountants, counterparties, and internal business partners to facilitate accurate and timely transaction processing.
• Monitor and resolve settlement exceptions, unmatched transactions, failed trades, and operational issues affecting portfolio activity.
• Research and resolve inquiries related to trade, cash, FX, and other portfolio activity.
• Perform cash, position, transaction, and other operational reconciliations between internal records and external service providers.
• Investigate and resolve reconciliation breaks through research, analysis, and coordination with internal and external stakeholders.
• Monitor operational controls and escalate material exceptions, processing breaks, or operational risks as appropriate.
• Maintain the accuracy and integrity of portfolio, accounting, and operational records.
• Support processing and review of dividends, interest payments, corporate actions, reorganizations, class actions, security litigation proceeds, and other portfolio lifecycle events.
• Coordinate with custodians, brokers, fund accountants, and internal teams to ensure asset servicing events are processed accurately and on time.
• Investigate and resolve exceptions related to income, corporate actions, and other asset servicing activity.
• Support operational activities associated with derivative instruments, including futures, swaps, and other applicable products.
• Monitor margin movements, collateral activity, and related operational controls.
• Assist with investigating and resolving derivative-related operational exceptions, reporting issues, and counterparty inquiries.
• Analyze operational data to identify trends, recurring issues, and improvement opportunities.
• Research root causes of operational breaks and partner with stakeholders to implement corrective actions.
• Support management reporting and operational reviews through data gathering, validation, and analysis.
• Identify opportunities to improve operational efficiency, strengthen controls, and reduce operational risk.
• Participate in automation initiatives, workflow enhancements, and operational improvement projects.
• Recommend improvements to scalability, service quality, and overall operating effectiveness.
• Support testing and implementation activities associated with process and technology changes.

Benefits

• Market-competitive base salary with yearly bonus potential at every level.
• Medical, dental, vision, life, and disability insurance.
• Paid Time Off (PTO) and leaves of absence, including 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 in reimbursement for qualifying personal wellbeing purchases.
• Work/Life Resources covering 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 an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan, with shares available at 85% of the lower of the beginning or ending purchase-period prices.

What This Job Offers

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