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

Prudential Financial • Newark, NJ

4d • $90,000 - $105,000 • 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; remote work may be used based on task requirements or personal work preferences, with office presence encouraged for highly collaborative work.

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, with the ability to investigate exceptions, reconcile breaks, and escalate issues appropriately.
• Interest in operational risk, controls, and process improvement within a derivative operations environment.

Nice To Haves

• Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline; all majors are 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 efforts by identifying manual tasks, recurring issues, and opportunities to improve workflow efficiency.

Benefits

• Market-competitive base salary 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 of up to 4%.
• Company-funded pension plan.
• Wellness Programs, including up to $1,600 per year for reimbursement of 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 to help finance traditional college enrollment toward an approved degree and many 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior