PGIM Private Capital – Associate Manager – Investment Operations

PGIM Private Capital – Associate Manager – Investment Operations

Requirements

• 5+ years of relevant experience
• Experience managing staff and / or a team
• Experience using WSO, PAM, Excel, Word, Adobe & Cognos preferred
• Strong attention to detail
• Strong problem-solving skills
• High level of self-motivation
• Excellent communication and analytical skills
• Familiarity with bank loans
• Ability to multi-task during high volume periods
• Ability to manage multiple priorities, work independently and interact effectively with team members and other internal/external partners

Responsibilities

• Oversee daily production following the trade lifecycle including trade capturing, allocations, settlements, and reconciliations into the appropriate systems and platforms.
• Work closely with investment teams, portfolio managers, and back-office operations to ensure smooth execution and settlement of trades.
• Act as liaison for ad-hoc and operational support within PPC and external third parties.
• Monitor all trade activity ensuring investments are accurately recorded.
• Manage and mentor a team of trade operations professionals, providing guidance on best practices and ensuring a high standard of performance.
• Analyze and approve hedge models alongside deal teams and Pru Global Funding to mitigate foreign currency risk for non-USD assets.
• Review daily and weekly reconciliations to ensure all deliverables are performed with integrity and adhere to internal policies, a crucial valuation and audit requirement.
• Support daily cash reconciliation of third-party bank accounts [PGIM Private Capital as the investment manager] to ensure all principal & interest activity has been posted and applied for shadow recordkeeping purposes.
• Assist in portfolio management activities including asset allocation and the execution of asset moves between accounts or portfolios.
• Operate in a controlled manner, meeting all Audit and Risk Management expectations.
• Coordinate and collaborate with auditors to execute annual 10-K, 10-Q, and SOX audits.
• Participate in UAT testing for systems used within PPC and uncover any findings that promote operational efficiency.
• Ensure all transactional activity are documented within specific timeframe and follow record retention policy.
• Review Settlements wires within required timeframes following appropriate protocol.

Preferred Qualifications

• Experience using WSO, PAM, Excel, Word, Adobe & Cognos preferred