PGIM - US Economist

Prudential Financial•Newark, NJ

1d•$145,000 - $155,000•Hybrid

About The Position

PGIM Credit is seeking a US Economist to join its Global Macroeconomic Research Team. The role supports the development and refinement of the firm’s views on the US economy, including growth, inflation, labor markets, and Federal Reserve policy. The economist will monitor incoming data, assess its implications for the outlook, and use quantitative models to identify risks to the team’s views. The position reports to the Chief US Economist and works closely with the broader Global Macroeconomic Research Team. The role is based in Newark, New Jersey, and follows a hybrid schedule with an expectation of working in the office three days per week. It is suited to an economist with experience supporting a US economics or macroeconomic research team in a financial institution, central bank, think tank, or similar research environment.

Requirements

5–7 years of relevant experience analyzing and forecasting the US economy.
Hands-on experience building, testing, maintaining, and interpreting macroeconomic forecasting models and regression-based analyses.
Experience tracking and forecasting US economic data across areas such as growth, inflation, labor markets, consumption, and Federal Reserve policy.
Strong knowledge of US macroeconomics and ability to interpret incoming data, including underlying components, revisions, and implications for the economic outlook.
Strong quantitative and programming skills, with hands-on experience using Python, Stata, EViews, R, or similar analytical tools.
Experience working with economic and financial datasets and platforms such as Haver Analytics, Bloomberg, or similar sources.
Ability to communicate quantitative findings and economic conclusions clearly to technical and investment audiences.
B.A. or M.A. in Economics, Econometrics, Statistics, Mathematics, or a related quantitative field.

Nice To Haves

Experience working within a financial institution, central bank, think tank, or economic research organization.
Excellent writing skills and prior experience writing about US data releases and related market commentary.
High attention to detail.
Ability to organize and prioritize tasks under tight deadlines.
Capacity to work well independently and as a team member.

Responsibilities

Track, analyze, and forecast key US economic indicators, assessing incoming data, underlying components, and revisions to refine views on growth, inflation, labor markets, and Federal Reserve policy.
Build, refine, and maintain macroeconomic models for growth, inflation, and other key variables.
Create charts and analytical tools to track and assess US data, develop access to new data sets, and expand the macro team’s data analysis toolkit.
Further develop macroeconomic and financial databases and automate related chart books.
Support research and other analytical work conducted by regional economists and strategists on the team.

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 personal wellbeing purchases.
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 approved traditional college enrollment and 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.
Eligibility to participate in a discretionary annual incentive program, subject to program rules and applicable factors.