PGIM - Analyst, Portfolio Management (Direct Lending)

Prudential Financial • Chicago, IL

1d • Hybrid

About The Position

This Analyst position sits on the Portfolio Management team within PGIM’s Direct Lending strategy. The team invests in middle-market companies across the U.S. and Western Europe through buyouts, refinancings, recapitalizations, and growth investments. The Portfolio Management team oversees a $7bn+ AUM portfolio of private credit loans and serves as the eyes and ears of the portfolio, monitoring issuer performance, analyzing portfolio health, supporting fundraising efforts, and delivering insights to the Investment Committee that directly inform investment decisions. You will work within a tight-knit team while partnering closely with investment professionals across multiple groups and offices, with direct exposure to the Head of Portfolio and Underwriting. As part of a fast-growing team, you will have the opportunity to contribute across various areas of the business and special projects, including data analysis, fundraising, and securitization (CLOs and multi-asset solutions). The role provides hands-on experience across the full lifecycle of investments and fund operations. Our culture emphasizes challenging and interesting work supported by both formal training and on-the-job experience, building a strong foundation in portfolio management. You will be part of a large, vibrant, and diverse global cohort of Analyst Program peers while collaborating daily with senior investment professionals. The environment is collaborative and collegial, with meaningful individual impact and broad exposure to industries such as technology, services, manufacturing, consumer products, and financials—all within a fast-paced setting that supports a balanced life. This is a hybrid position based in our Chicago, IL office, with in-office collaboration three days each week.

Requirements

• Bachelor’s degree with a strong academic track record; coursework in Finance or Accounting strongly preferred.
• 1–3 years of relevant experience in a role emphasizing financial analysis, with demonstrated proficiency in interpreting financial statements and evaluating business risks.
• Excellent written and verbal communication skills, with the ability to synthesize complex information.
• Highly analytical, detail-oriented, and intellectually curious.
• A flexible, “startup” mindset, including adaptability in changing priorities, a willingness to take on diverse responsibilities, and an entrepreneurial drive to identify opportunities and solve problems proactively.
• Advanced proficiency in Microsoft Excel, PowerPoint, and Word, with the ability to create and analyze data-driven reports and presentations.

Nice To Haves

• Prior work experience in portfolio management, accounting, and/or investment operations is a plus
• Comfort learning and applying new technology tools with demonstrated interest in AI and automation.
• Self-starter with the ability to manage multiple workstreams and meet tight deadlines without sacrificing quality or controls.

Responsibilities

• Portfolio and credit monitoring, including tracking early indicators of underperformance.
• Support timely escalation and modifications as issues emerge.
• Portfolio and performance tracking, including benchmarking and comparative analyses used in investor reporting and fundraising
• Develop strategy and insight for our Investment Committee
• Assist in fundraising and portfolio strategy for various fund vehicles and structured products
• Active member of the loan valuation team ensuring timely and accurate coordination with our third-party vendors to provide mark prices for our portfolio of 100+ loans
• Help improve data quality and reduce manual rework by identifying recurring gaps, proposing process fixes, and supporting automation efforts, including experimenting with AI tools to accelerate workflows
• Collaborate with Portfolio Management, Investment, and Operations team members and partner teams to ensure smooth portfolio workflows and clear ownership of required inputs

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.
• Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

What This Job Offers

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