Analyst, Investment Operations | Asset-Based Finance | PGIM Alternative Investments( Hybrid/ Newark, NJ)
About The Position
The Analyst, Investment Operations supports PGIM's Alternative Investment Operations platform, providing operational oversight for Asset-Based Finance (ABF) and Residential Mortgage Whole Loan strategies. The role supports activities throughout the investment lifecycle, including deal onboarding, trade settlement, funding, asset servicing, and secondary market trading. It involves extensive coordination with Portfolio Management, Deal Teams, Legal, Fund Management, counterparties, custodians, trustees, and agent banks to ensure accurate and timely transaction execution and ongoing portfolio support. The position is based in Newark, New Jersey, and follows a hybrid schedule with three days in the office. Employees may work remotely or from the office as task demands and personal preferences allow; office work is encouraged for tasks requiring substantial collaboration.
Requirements
- 3–5 years of experience in Financial Services.
- Experience supporting Asset Based Finance, Residential Mortgage Loans, Private Credit, or Restructures.
- Intermediate or advanced skills with the Microsoft Office Suite.
- Ability to work independently and in a team environment.
- Ability to research issues, evaluate information, develop solutions, and escalate complex matters appropriately.
- Strong work ethic, honesty, integrity, interpersonal skills, and communication skills.
- Ability to manage and prioritize multiple tasks in a deadline-driven environment.
Nice To Haves
- Bachelor's degree in Finance, Accounting, Business, or a related discipline; all majors are considered.
- Experience interpreting Credit Agreements and Purchase Agreements.
- Experience working with Transfer Agents.
- Experience settling Delayed Draw Term Loans (DDTL) and Revolvers and instructing or settling DWAC, DRS, FOP, and physical bonds or equities.
- Experience with Aladdin, Aladdin Loan Manager, or other loan servicing platforms.
Responsibilities
- Facilitate deal execution in coordination with deal teams, counsel, fund management, and other internal and external stakeholders.
- Capture and maintain primary and secondary market trading activity in the Order Management System (OMS), ensuring accurate and timely IBOR positions and records.
- Manage end-to-end wire payment processes for deal funding and settlement while adhering to operational controls.
- Coordinate and execute private asset transfers.
- Manage daily production, including cash forecasting and positioning.
- Research and resolve cash and position breaks with internal and external stakeholders.
- Prepare and distribute recurring and ad hoc reports for business, operational, and management decision-making.
- Identify and implement process improvement and automation opportunities to increase efficiency, strengthen controls, and support business growth.
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 per year in reimbursement for eligible personal wellbeing purchases.
- Work/Life Resources for parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
- Education Benefit for approved degree enrollment and accredited certificate programs.
- Employee Stock Purchase Plan, with shares available at 85% of the lower of the beginning or end-of-period price.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
