Senior Analyst, Derivatives Trade Operations | PGIM Investment Operations ( Hybrid/ Newark, NJ)

Prudential Financial•Newark, NJ

3d•Hybrid

About The Position

The Senior Analyst, Derivatives Trade Operations supports PGIM’s Derivative Operations across FX, futures, options, swaps, and other cleared, bilateral, and exchange-traded products. The role helps ensure smooth post-trade processing across confirmations, settlements, clearing, reconciliations, collateral, and margin, and investigates and resolves operational exceptions. It works with Trade Support, internal Operations partners, custodians, clearing brokers, broker-dealers, and counterparties. The position is based in Newark, New Jersey, with a hybrid schedule of three days in the office; employees may work remotely or in the office according to task demands or personal work preferences, with office work encouraged for highly collaborative tasks.

Requirements

1–3 years of experience in financial services, investment operations, trade support, confirmations, settlements, collateral management, or a related operations function.
Proficiency with Microsoft Office Suite.
Ability to work with internal teams, custodians, clearing brokers, broker-dealers, counterparties, or fund administrators to resolve operational issues.
Strong attention to detail and analytical thinking, including the ability to investigate exceptions, reconcile breaks, and escalate issues appropriately.
Interest in operational risk, controls, and process improvement within a derivatives operations environment.

Nice To Haves

Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline; all majors considered.
Exposure to derivative products such as swaps, futures, options, FX forwards, cleared derivatives, or bilateral OTC instruments.
Experience with Aladdin or other investment operations platforms.
Basic understanding of derivative confirmations, clearing, settlement, collateral, margin, or reconciliation processes.

Responsibilities

Support daily post-trade processing for derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception follow-up.
Maintain derivative trade activity in Aladdin and related platforms to support accurate books and records, positions, and operational data.
Monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows under established procedures and controls.
Perform daily reconciliations with brokers, clearing brokers, custodians, and internal systems to identify and escalate trade, cash, position, and commission breaks.
Partner with internal teams and external parties to research and resolve routine operational exceptions, settlement issues, collateral inquiries, and trade lifecycle questions.
Follow documented procedures, complete daily checklists, escalate issues promptly, and support control, audit, and risk management activities as needed.
Prepare recurring operational reporting related to derivative activity, reconciliations, exceptions, and processing metrics.
Contribute to process improvement by identifying manual tasks, recurring issues, and opportunities to improve workflow efficiency.

Benefits

Market-competitive base salaries with yearly bonus potential at every level.
Medical, dental, vision, life, and disability insurance.
Paid Time Off (PTO) and leaves of absence, including parental and military leave.
401(k) plan with company match up to 4%.
Company-funded pension plan.
Wellness Programs, including up to $1,600 per year in reimbursement for items purchased to support personal wellbeing needs.
Work/Life Resources for parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit for approved traditional college enrollment and accredited certificate programs.
Employee Stock Purchase Plan, allowing shares to be purchased at 85% of the lower of the beginning or ending purchase-period price.
Eligibility to participate in a discretionary annual incentive program, subject to program rules and applicable factors.