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Senior Investment Associate – Manager of Managers

Senior Investment Associate – Manager of Managers

CompanyPrudential Financial
LocationNewark, NJ, USA
Salary$150000 – $180000
TypeFull-Time
Degrees
Experience LevelSenior

Requirements

  • 6+ years of relevant investment experience; insurance company experience required
  • Strong interpersonal and relationship management skills
  • Strong verbal and written communications skills
  • Strong project management skills and ability to manage multiple projects simultaneously

Responsibilities

  • Retain superior asset managers in order to achieve investment objectives
  • Work with the ALM Portfolio Strategy team to determine and develop mandates, benchmarks and investment guidelines for asset managers
  • Manage the process of identifying and evaluating asset managers
  • Make recommendations regarding hiring and terminating asset managers
  • On-board asset managers
  • Oversee asset managers’ performance to confirm it is in accordance with contractual arrangements
  • Coordinate informational and analytical requests made of asset managers, including information for performance measurement and risk management purposes

Preferred Qualifications

  • Asset manager selection and due diligence experience preferred
  • Experience in fixed income asset management and structured products strongly preferred
  • Knowledge of investment documentation, accounting and taxation; understanding of US insurance regulatory requirements strongly preferred
  • MBA or equivalent degree and/or CFA a plus