PGIM Fixed Income - Corporate Actions Analyst, FI Operations

PGIM•Newark, NJ

35d•$90,000 - $105,000•Hybrid

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! The Global Trade Services group is seeking a Senior Corporate Actions Analyst to join their growing team. The Corporate Actions Analyst is responsible for supporting Fixed Income Corporate Actions activity. Primary responsibilities include coordination with custodian banks to ensure receipt of corporate action events, soliciting corporate action elections from portfolio managers, preparing broadcast notifications of election decisions, tracking and monitoring pending corporate actions, and processing events in the applicable trading system, coordinating with securities lending counterparties related to corporate actions on loan, dividend monitoring and collection.

Requirements

Bachelor's degree in Economics, Finance or Business preferred, but not required.
2-5 years of Investment Operations experience is required.
Strong knowledge of fixed income products, investment strategies and standard market practices.
PC skills with strong knowledge of Excel and Bloomberg.
Extremely detail oriented, ability to organize, prioritize tasks and work in a deadline focused environment.
Enjoys a fast-paced, high-intensity environment.
Strong written and verbal communication skills.

Nice To Haves

2-5 years of Corporate Actions experience is preferred, but not required.

Responsibilities

Review and develop departmental policies, guidelines and procedures as they relate to corporate actions.
Enhance efficiencies, mitigate risks and increase controls.
Effectively partner with portfolio managers, counterparties, vendors, legal department, credit research, pricing, compliance, transfer agents, issuers and custodian banks.
Function as the "technical" expert in their assigned area.
Occasionally serve as member of a project team.
Day-to-day resolution of complex problems, and the execution of complex transactions.
Communicate with custodians to resolve issues and improve service levels.
Have extensive knowledge of the product/asset class involved in corporate actions, and securities lending.
Anticipate issues that may adversely affect Operations and propose possible solutions.
Cultivate internal and external relationships to ensure proper service levels are achieved.
Keep abreast of industry initiatives and market trends that can impact the business model and/or offer opportunities to improve processes.

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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