Associate - Chief Investment Office (CIO) - Hybrid-1

Company: Prudential Financial, Inc.
Location: Newark
Posted on: August 3, 2022

Job Description:

Job Classification:Investment Management - InvestmentsJob Description:

• Be a member of the quantitative analysis team within the Chief Investment Office of a leading U.S. financial service company ($1.7 trillion AUM, providing Investment Management, Insurance, and Retirement services)
• As a member of the quant team, you will directly support Traders and PMs in a fast-paced environment and provide quantitative analysis on Prudential's Asset-Liability Management and Capital Markets Hedging activities
• Hybrid working arrangement (1-2 days a week in the office)
• H1-B sponsorship will be consideredMain Responsibilities:
  • Quantitative developer role, with initial mandates focus on implementing pricing, risk, P/L, and attribution methodology based on the guidance from senior team members
  • Research and implement interest rate, equity, credit, foreign exchange, and inflation models used in valuation of domestic and international products and ESG solutions across the company
  • Interface with CIO's technology team to build market data and trade databases, automate data feeds
  • Support analysis and research related to implementation of hedging strategiesQualifications:
    • Demonstrated ability to independently take on quantitative strategy and analysis initiatives
    • Must have hands-on experience with Python
    • Must have a functional understanding of derivative pricing theory and practice
    • Hands-on experience with Numerix SDK is desirable
    • Experience with Matlab/C++/C# is a plus
    • Minimum 2 years working experience in rates or equity derivatives modeling
    • Higher degree in financial engineering, mathematics, computer science, statistics, or other quantitative fields, consideration given to those with Bachelor's degree and strong work experience.
    • Knowledge of derivative instruments, including options, swaps, and futures
    • Familiarity with various asset classes, such as fixed income, equities, credit, and foreign exchange
    • Familiarity with variable and fixed indexed annuities desirable-Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.The Prudential Insurance Company of America, Newark, NJ and its affiliates.Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at for more information about doing business with Prudential.PEOPLE WITH DISABILITIES:If you need an accommodation to complete the application process, which may include an assessment, please email .Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email to request assistance.

Keywords: Prudential Financial, Inc., Newark , Associate - Chief Investment Office (CIO) - Hybrid-1, Administration, Clerical , Newark, New Jersey