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PGIM Quantitative Solutions - Manager, Investment Operations

Company: PGIM
Location: Newark
Posted on: November 22, 2021

Job Description:

Job Classification:Investment Management - Investment OperationsPGIM is the diversified asset management business of Prudential Financial, Inc. ( NYSE: PRU ). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the world's top-10 largest asset managers. Comprised of seven self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firm's ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.Our Business:PGIM Quantitative Solutions (PGIM QS) manages quantitative equity and global multi-asset solutions as part of PGIM. Our culture is inclusive and collaborative. We seek employees from varied academic, work, and life circumstances who can contribute investment expertise, intellectual capital and creative solutions to our organization. We are looking for smart, talented team-players at all stages of their careers who are passionate about solving our clients' challenges.Core Functional Responsibilities:

  • Responsible for integrity of all SMF data
  • Responsible for team collecting, disseminating and processing all corporate action events by stated deadlines
  • Responsible for the proxy voting process, including review of guidelines, monthly reporting, committee meetings and management of daily ballot review
  • Discuss and guide team on the most complex issues/problems
  • Responsible for correctly reflecting all issue level characteristics necessary to trade and record positions
  • Establishment, documentation and ongoing maintenance of the unit's policies and procedures
  • Keep abreast of industry trends in improving group processes
  • Anticipate and provide solutions to relevant Operations problems and partner with IT to determine most productive resolutions
  • Review and approve end user specifications, meet with Systems to address questions
  • Coordinate testing on new reports or enhancements with Systems
  • Regularly assess control processes and improve if needed
  • Consult on set up of new accounts, securities, bank changes, etc.
  • Primary senior liaison between external and internal partners
  • Approve management reports
  • BCP data maintenance
  • Ad hoc reporting and project managementManagement Responsibilities:
    • Manage all operational support with regards to SMP functions
    • Train employees on enhanced or new responsibilities and on functionality of new reports/enhancements
    • Through daily interaction provide guidance and suggestions on how to improve work and personal performance
    • Perform all duties associated with the formal performance appraisal process
    • Prioritize and meet deadlines, and direct staff appropriately
    • Interview prospective staff membersExperience & Qualifications
      • BA/BS degree, preferably in Finance/Economics/Business
      • 5+ years experience in Operations
      • Comprehensive knowledge of Investment Products, investment strategies and operational support requirements
      • Expertise in Security Master division, which includes Proxies, Corporate Action processing and security maintenance
      • Can identify situational risk and know when escalation is required
      • Ability to manage stressful situations
      • Excellent trouble shooting and problem-solving skills
      • Must possess strong communication skills, both verbal and written
      • The ability to handle people and situations with maturity and professionalism
      • Strong Excel skills, knowledge of macros a plus
      • Takes initiative and exhibits leadership qualities when dealing with problems and projects
      • Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement
      • Highly analytical, organized and detail oriented
      • Ability to develop effective internal/external working relationships
      • Capable of quickly learning various systems and applicationsLeadership Competencies:
        • Committed to high ethical standards and ensures the group is acting within the best interests of the clients and other interested parties
        • Takes ownership for evaluating, developing, retaining, and managing a diverse group of talent across the organization
        • Keeps abreast with the most recent trends surrounding the industry, shares them with the organization, and implements findings to the company workflows where applicable.
        • Generates ideas to increase efficiency and reduce risk by assessing current procedures and implementing new ones
        • Collaborates with other areas of the organization in order to use all available resources and transform thoughts and ideas into action
        • Be assertive and demonstrate ownership and competency in handling routine and non-routine tasksOur Culture:Prudential is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don't just accept difference-we celebrate it, support it, and thrive on it. At Prudential employees have a unique opportunity to build their career path by owning their development, their career and their future. We encourage employees to utilize the internal "Skills Accelerator" to hone their skills and explore the opportunities available to them within Prudential. 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 www.prudential.com 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 staffingagencies@prudential.com 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 call (800) 433-8960, prompt 4 or email accommodations.hw@prudential.com .Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

Keywords: PGIM, Newark , PGIM Quantitative Solutions - Manager, Investment Operations, Executive , Newark, New Jersey

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