PGIM, Fund & Firm Manager (Newark, NJ)

Prudential Financial • Newark, NJ

16d

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! As a Fund & Firm Manager , you will report to the Head of Fund & Firm and provide essential support in the governance and execution of expense allocation across products and firm entities. This role is focused on assisting with transparency, compliance, and operational efficiency by working closely with the associated Councils, which include Finance, Legal, Compliance, Product, and Portfolio Management teams. You will help maintain global policies, contribute to modernization of allocation processes, and ensure consistent application of standards through accurate documentation and coordination. Your efforts will enable smooth operations and reinforce best practices across the organization, complementing the leadership of the Head of Fund & Firm and the PGIM Councils.

Requirements

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Experience: 5+ years in financial governance, expense allocation, management consulting or related roles, with exposure to cross-functional collaboration.
• Knowledge: Solid understanding of fund structures, expense policies, and regulatory requirements; ability to apply these in operational contexts.
• Skills: Strong communication and stakeholder engagement skills, with the ability to support decision-making and explain complex concepts clearly.
• Technical Proficiency: Familiarity with financial systems, workflow tools, and willingness to learn new technologies to enhance processes.

Nice To Haves

• Analytical Strength: Ability to interpret complex data with precision and apply strong problem-solving skills to support effective decision-making.
• Organizational Agility: Skilled at managing multiple priorities and adapting to shifting demands in a dynamic, fast-paced environment.
• Collaborative Approach: Proven experience working across functions, building relationships, and contributing to team success through partnership and alignment.

Responsibilities

• Expense Allocation Management: Assist in developing and documenting allocation proposals that align with global policies, ensuring compliance and operational efficiency. Support the Head of Fund & Firm & the associated Councils in preparing presentations and providing input for decision-making.
• Stakeholder Engagement: Update and refine stakeholder-facing materials related to allocation methodologies and policy updates. Ensure documents remain accurate, current, and aligned with global standards to support effective communication by the Head of Fund & Firm and the associated Councils.
• Execution, Tracking & Reporting: Maintain and update allocation execution records, approval workflow documentation, and reporting templates. Ensure all materials reflect current fund impacts and compliance metrics to support accurate tracking and oversight.
• Policy Modernization & Technology: Refresh policy documentation and related resources to reflect current standards. Ensure workflow automation tools and modernization materials are properly documented and kept up to date to support ongoing initiatives.
• Cross-Functional Collaboration: Coordinate with Finance, Legal, Compliance, Product and Portfolio Management teams to ensure alignment; act as a connector between Fund & Firm, Product and Finance teams.
• Continuous Improvement: Partner with the Head of Fund & Firm and the Councils to identify process improvement opportunities, assist in implementing best practices, and contribute to change management efforts across the organization.

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: Mid Level
• Number of Employees: 5,001-10,000 employees