PGIM Global Services-Investment Operations Specialist (Hybrid/Newark, NJ/Tampa, FL)

Prudential Financial • New York, NY

322d • $70,000 - $85,000

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.

Requirements

• Bachelor's degree; preferred majors include Accounting, Economics, Finance or Business
• 3-6 years of prior experience in Investment Operations
• Experience with Statutory and GAAP accounting preferred
• Prior experience in accounting/investment operations
• Strong written, oral communication, and interpersonal skills
• Advanced proficiency with Microsoft Excel and Word
• Proficient oral and written communication skills
• Excel at managing a team or working independently

Responsibilities

• Supporting, monitoring, and calculating unit values for the investments we support
• Transfer agency services including asset to liability reconciliations and investor share ownership
• Production of client level commingled asset and investment reports, 5500/Schedule C and regulatory reporting
• Calculation, invoicing, and collection of fees related to Investment management services and administration
• Transaction processing including client contributions, withdrawals, and bank account monitoring
• ORACLE accounting entries and ledger revenue reconciliations
• Asset Manager relationship management and cashflow forecasting
• Client order processing including exchanges and withdrawals; NSCC trading
• Support of new fund development, set ups and closings
• Bank Oversight and Related Reconciliation/Reporting Functions
• Portfolio and Client level transition events (ie. securities in-kind transfers, manager replacements, etc)
• External and Internal audit review and support; Client service support
• Participate in various analysis and special 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree