Senior Director, Product Management | PGIM Real Estate ( Hybrid / Newark, NJ)

Prudential Financial • Newark, NJ

3d • Hybrid

About The Position

The Senior Director, Product Management will help shape PGIM Real Estate’s product strategy and success, partnering with teams across Real Estate, Product Management, Product Strategy, Marketing, Product Development, Sales, Compliance, Legal, and Fund Administration. The role reports to the Head of Product Marketing and Management at PGIM. It is based in Newark, New Jersey, with a hybrid schedule requiring three days in the office each week.

The position focuses on accurately positioning Real Estate products, identifying product-line issues and opportunities, contributing to strategic direction, and recommending product changes. The Senior Director will work closely with sales and internal partners, support the development and positioning of new products, provide product and strategy updates, and produce analytical data and materials for sales and management. The role also includes legally required reviews of shareholder reports and prospectuses, 15(c) peer reviews, and capital gains distributions.

Requirements

• Bachelor’s degree required.
• Series 7 license required.
• Strong real estate and infrastructure expertise, with the ability to explain complex concepts to diverse audiences.
• Solid understanding of private market products, as well as semi-liquid products, ETFs, mutual funds, and other investment vehicles.
• Solid understanding of financial markets, investment strategies, and industry issues.
• Effective communicator and collaborator with PGIM Sales and Marketing teams.
• Detail-oriented and process-driven, with the ability to manage multiple projects on time.
• Ability to influence without direct authority.
• Proficiency with PC tools and industry platforms, including Excel, PowerPoint, Word, Lipper, FactSet, Morningstar Direct, and Bloomberg.
• Excellent written and verbal communication skills.
• Strong analytical abilities.
• Collaborative approach and interpersonal skills to establish and maintain effective working relationships across departments and organizational levels.
• Creative problem-solving skills, including identifying process improvements and sales opportunities.
• Motivation to contribute and grow within the organization.

Nice To Haves

• CFA or MBA preferred.
• Seven or more years of industry experience preferred.

Responsibilities

• Accurately position Real Estate products using information from PGIM Real Estate, external news, internal data, sales feedback, and other sources.
• Identify issues affecting the product line and recommend solutions or next steps.
• Contribute to product-line strategy and recommend changes or enhancements, including pricing, benchmarks, portfolio managers, strategy, and investment limits.
• Partner with sales management and internal teams on product positioning, including recommending new materials and improvements to existing materials.
• Advocate for the product line and develop effective processes for obtaining information and communicating across the firm.
• Review others’ work for accuracy and consistency of messaging.
• Monitor capital markets, trade publications, flows, performance, portfolio characteristics, and the competitive landscape.
• Present product updates and positioning to sales teams.
• Work with internal groups on the structure and positioning of new products.
• Train new hires on the product line and inform current employees about new products and product changes.
• Build relationships with Institutional and Global Wealth Distribution and internal partners, including Product Development, Marketing, Legal, Compliance, and Fund Administration.
• Respond promptly to sales inquiries by answering questions and providing data.
• Present strategy information and product updates on calls with Financial Professionals.
• Review shareholder reports, prospectuses, 15(c) peer reviews, capital gains distributions, and other legally required materials.
• Generate analytical data proactively and in response to requests to support product positioning.
• Create and update fund presentations and product-positioning documents.
• Respond to special requests from senior management.
• Assist with competitive analysis and product-positioning points.

Benefits

• Market-competitive base salary and yearly bonus potential.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• Life insurance.
• Disability insurance.
• Paid time off 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 wellbeing 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 factors.

What This Job Offers

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