Senior Analyst, Middle Office | PGIM Investment Operations (Hybrid / Newark, NJ)

Prudential Financial•Newark, NJ

3d•Hybrid

About The Position

The Senior Analyst provides day-to-day operational support for PGIM Credit’s Securities Lending business. The role serves as a key control point across the loan lifecycle, supporting loan execution, returns, restructures, recalls, settlement management, and issue resolution. The analyst partners with Securities Lending traders, broker-dealers, custodian banks, technology partners, and internal Operations teams to ensure timely, accurate, and controlled processing of cash-collateralized lending activity, including Corporate Bonds and U.S. Treasury securities. The position is based in Newark, New Jersey, and follows a hybrid schedule with three days in the office. The successful candidate brings strong operations knowledge, attention to detail, sound judgment, and a proactive approach to risk reduction, escalation, and process improvement.

Requirements

3–5 years of relevant experience in fixed income operations, middle office, trade support, settlements, collateral management, or securities lending operations; direct securities lending experience is strongly preferred.
Understanding of fixed income products, trade lifecycle controls, settlement practices, collateralized lending activity, and exception management.
Strong analytical, problem-solving, and risk assessment skills, including the ability to identify root causes and drive timely resolution.
Excellent written and verbal communication skills, including the ability to coordinate effectively with front office, brokers, custodians, technology, and operations stakeholders.
Ability to manage competing priorities, meet deadlines, and perform effectively in a fast-paced, high-volume environment.
Proactive, detail-oriented, and accountable approach, with a continuous improvement mindset and commitment to a strong control environment.
Ability to balance daily production responsibilities with project, automation, and process enhancement initiatives.
Proficiency with Microsoft Office and business applications.

Nice To Haves

Experience with securities lending, trade support, or settlement platforms such as Spire, EquiLend, Loanet, Aladdin, or custodian systems.
Direct securities lending experience.

Responsibilities

Monitor and support daily settlement of securities lending loans, returns, recalls, restructures, and sale-related activity, resolving exceptions and breaks in a timely manner.
Serve as a primary operational contact for Securities Lending traders, broker-dealers, custodians, and internal Operations partners across the loan lifecycle.
Manage operational issues through resolution, coordinating with impacted teams and communicating status, risks, and required actions clearly and promptly.
Identify, escalate, and mitigate risks related to settlement fails, buy-ins, loan recalls, corporate actions, restructures, overdrafts, and client or portfolio impact.
Support cash-collateralized lending activity for fixed income products, including Corporate Bonds and U.S. Treasury securities, in accordance with established controls and procedures.
Analyze activity, trends, breaks, and operating metrics to support management reporting, risk monitoring, and continuous improvement.
Partner with technology and operations teams to identify automation opportunities, reduce manual risk, improve scalability, and enhance the control environment.
Maintain internal and external relationships to support service levels, timely escalation, and effective issue resolution across the Securities Lending platform.
Stay informed about industry initiatives, market structure changes, settlement practices, and regulatory developments that may affect securities lending operations.

Benefits

Market-competitive base salary with yearly bonus potential.
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 eligible personal well-being purchases.
Work/Life Resources covering 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, with shares available 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 performance factors.