Paralegal, PGIM Real Estate

Prudential Financial•Newark, NJ

8d•$78,700 - $117,300•Hybrid

About The Position

PGIM Real Estate Law has an exciting opportunity to work in a dynamic global investment management business. PGIM Real Estate Law is seeking a Paralegal to join the Americas legal team supporting the PGIM Real Estate Equity business with responsibility for several Prudential subsidiaries, affiliates, and investment vehicles, both domestically and internationally. The position will also have responsibility for investment management, transactions, and special projects. This individual will report to the Manager, Paralegal. PGIM Real Estate is the real estate investment business of PGIM, the global investment businesses of Prudential Financial, Inc. (NYSE: PRU), one of world’s largest asset managers with $1.34 trillion in assets under management as of March 31, 2024. Redefining the real estate investing landscape since 1970, PGIM Real Estate has professionals in 32 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management and administration of $206 billion (net $179 billion) as of March 31, 2024. PGIM Real Estate offers to its global client base a broad range of real estate equity, debt and securities investment strategies that span the risk/return spectrum. PGIM Real Estate’s Law department currently has 21 attorneys and 6 paralegals and is part of Prudential’s Law, Compliance, Business Ethics and External Affairs department. The duties of this position will include both long-term established tasks as well as short-term projects that arise from diverse requests for legal advice. The candidate must be able to learn the client’s business, become familiar with numerous investment fund structures and their legal requirements, and otherwise become an integral part of the legal team supporting an active real estate investment management firm. The position is based on Newark, New Jersey and is hybrid with a 3 day in-office requirement.

Requirements

Experience in corporate housekeeping including formation of investment entities such as LPs, LLCs, and corporations, drafting resolutions and certificates, annual maintenance of entities, and dissolution of entities.
A minimum 3 -5 years of experience as a paralegal or similar experience, preferably in a corporate environment.
A college degree or paralegal certificate strongly preferred.
Strong corporate and contract law experience.
Strong organizational, communication and project management skills.
Have a strong working knowledge of Microsoft Office and OneDrive.
Willingness and ability to learn and perform new tasks, as needed.
Ability to adapt to changing work responsibilities.
Excellent interpersonal skills.
Strong analytical, drafting and proofreading skills.
Desire to learn new areas or subjects.
Willingness to ask questions and to seek information needed to complete projects and tasks.
Strong attention to detail, including the ability to work independently and to work on several projects simultaneously.
Strong time management and project management skills.
Ability to adhere to string project deadlines while being flexible as necessary in response to changes and delays.
Ability to work well with people at all levels of the organization, attorneys, investment professionals, outside counsel.

Nice To Haves

Experience in real estate transactions and related property management issues, i.e., litigation, bankruptcy, etc. a plus.

Responsibilities

Maintain corporate records, drafting resolutions and certificates, oversee state annual report filings, and conduct other corporate and partnership housekeeping.
Provide paralegal support for corporate governance, corporate structure, transactions, corporate reporting and other general corporate matters.
Support routine and complex corporate governance across fund entities and single purpose vehicles, including officer appointments, annual reports, and other filings and corporate records.
Support handling of information requests and other routine legal matters, i.e., audit letters and updates; compliance reporting, etc.
Conduct Contract and Confidentiality Agreement review.
Support execution logistics, including signature collection and notarization.
Serve as a corporate paralegal liaison with cross-functional teams (tax, finance, operations) to support transactions.
Identify areas to improve our existing processes with AI and generally improve leverage across the team.
Provide project management and cross-functional coordination for special projects.
Monitoring PGIM RE Litigation mailbox for Service of Process.
Monitoring minor insured litigation and miscellaneous litigation.
Support for sales, acquisition, and financing transactions.
Outside counsel support.
Data entry and maintenance of various databases.
Ad hoc projects.

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.

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