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

Prudential Financial•Newark, NJ

7h•Hybrid

About The Position

PGIM Public Fixed Income is a global asset manager offering active solutions across all fixed income markets. This 10-week summer internship within the Portfolio Analysis Group (PAG) will involve impactful day-to-day work and projects. The Analyst in the Portfolio Analysis Group (PAG) evaluates portfolio positioning with respect to risk exposures and alpha objectives, provides portfolio construction and alignment insight, and analyzes performance drivers across a multitude of investment products and processes to deliver performance attribution. Utilizing a variety of analytical tools, the analyst integrates specific client guidelines, objectives, and risk tolerances into the firm’s investment process to ensure complete portfolio management and analytics are in place. The analyst 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. The analyst also navigates multiple ad hoc requests and projects that relate to market or portfolio analytics received from all parts of the larger Fixed Income Organization. The analyst partners closely with peers throughout Fixed income to build organizational capabilities.

Requirements

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.
Possess the requisite US employment authorization.
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

Evaluate portfolio positioning with respect to risk exposures and alpha objectives.
Provide portfolio construction and alignment insight.
Analyze performance drivers across a multitude of investment products and processes to deliver performance attribution.
Integrate specific client guidelines, objectives, and risk tolerances into the firm’s investment process.
Collaborate with Senior PAG Analysts, Portfolio Managers, Traders, Risk Managers, the Quantitative Team, Credit Research, Client Advisory, and Sales and Marketing.
Navigate multiple ad hoc requests and projects related to market or portfolio analytics.
Partner closely with peers throughout Fixed Income to build organizational capabilities.