PGIM: 2027 Public Credit, Summer Investment Analyst Program (Portfolio Analysis Group)

PGIM•Newark, NJ

2d•$40•Hybrid

About The Position

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.3 trillion in assets under management, and 41 offices spanning 20 countries, PGIM is among the world’s leading asset managers. PGIM offers a distinct workplace culture that aligns with the firm’s ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect, and equality. PGIM was ranked #3 in Pensions & Investments Best Places to Work in Money Management in 2023. PGIM Public Fixed Income is a global asset manager offering active solutions across all fixed income markets with offices in Newark, NJ, London, Amsterdam, Paris, Sydney, Singapore, Munich, Zurich, Hong Kong, and Tokyo. As of March 31, 2025, PGIM Public Fixed Income has $862 billion of assets under management including $429 billion in institutional assets, $196 billion in retail assets, and $237 billion in proprietary assets. Over 1,100 institutional clients have entrusted PGIM Public Fixed Income with their assets. This 10-week summer internship within our Portfolio Analysis Group (PAG) will empower you to contribute in a meaningful way, add new value to organization initiatives, and effect change. You’ll be assigned impactful day-to-day work and projects.

Requirements

Candidates must be enrolled in an accredited bachelor’s program or 5th year master’s program graduating between December 2027 and May 2028
Minimum 3.2 GPA
Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
Experience with Microsoft Office Suite (Excel, Word, PowerPoint, etc.)

Nice To Haves

Preferred majors: Operations Research, Information/Financial Engineering, Mathematics, Statistics, Finance, or Economics, but all majors considered
Experience with Bloomberg, and other technical data analysis/modeling tools desirable

Responsibilities

Evaluates portfolio positioning with respect to risk exposures and alpha objectives.
Provides portfolio construction and alignment insight.
Analyzes performance drivers across a multitude of investment products and processes to deliver performance attribution.
Integrates specific client guidelines, objectives, and risk tolerances into the firm’s investment process to ensure complete portfolio management and analytics are in place.
Collaborates and works closely with other teams, including Senior PAG Analysts, Portfolio Managers, Traders, Risk Managers, the Quantitative Team, Credit Research, Client Advisory, and Sales and Marketing to ensure the Portfolio Management team has the tools and technology required to effectively manage portfolios.
Navigates multiple ad hoc requests and projects that relate to market or portfolio analytics received from all parts of the larger Fixed Income Organization.
Partners closely with peers throughout Fixed Income to build organizational capabilities.