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Equity Product Manager - PGIM (Hybrid)

Company: PGIM Global Short Duration High Yield Fund, Inc.
Location: Newark
Posted on: November 22, 2022

Job Description:

Job Classification:

Product Management - Product Management

Our Business: PGIM 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 Role:

The Equity Product Managerwill work closely with various business units within Prudential such as Jennison Associates, the fundamental equity management business of PGIM , and various groups at PGIM Investments including Product Management, Competitor Analytics, Marketing, Product Development, Sales, Compliance, Legal and Fund Administration. The position will report to a Vice President, Product Management at PGIM Investments.

Your Impact:

* Provide strategic direction for PGIM Investments products sub-advised by Jennison Associates.
* Accurately and effectively position our Jennison sub-advised products based on information from Asset Management, external news sources, internally run data, feedback from sales, and other sources.
* Work closely with sales management and internal partners on product positioning, recommending the development of new materials and ways to enhance existing pieces.
* Take a leadership role as an advocate for the Jennison equity product line. Know Jennison's strategies, how to navigate the firm, how to attain information, and develop processes for effective communication.
* Responsible for reviewing others work to ensure accuracy and message consistency.
* Monitor capital markets, trade publications, flows, performance, portfolio characteristics and competitive landscape.
* Present product updates and positioning at sales meetings.
* Review existing product line and recommend changes/enhancements where applicable. e.g. Pricing, benchmark, PMs, strategy and investment limits.
* Proactively identify issues impacting the product line and recommend next steps/solutions.
* Work with internal groups on the structure and positioning of new products.
* Train new hires on the basics of the product line and current employees on new products, product changes, etc.
* Drive relationships with Distribution (Sales, National Accounts, DCIO, etc.) along with internal partners (Product Development, Marketing, Legal, Compliance, Fund Admin, etc.)
* Respond to sales inquiries in a timely manner (answer questions, provide data, etc.)
* Present strategy information and product updates on calls with Financial Professionals.
* Limited travel to present with sales coordinators and to industry conferences.
* Legally required work - Review Shareholder reports and prospectuses, 15(c) peer review, cap gains, etc.
* Proactively and reactively generate analytical data that can support product positioning
* Create & Update Fund Presentations and Fund positioning documents.
* Respond to special requests from Senior Management.
* Assist with competitive analysis and positioning points.

Your Required Skills:

* Strong Equity markets knowledge with ability to articulate complex concepts to audiences with varying degrees of investment acumen.
* Previous Product Management experience preferred
* Understanding of financial markets, investment concepts, styles and issues.
* Must be able to effectively communicate with and work with the PGIM Investments Sales and Marketing teams.
* Series 7 license preferred; must be capable of obtaining licensing within 120 days if not currently held.
* Bachelor's degree required. CFA or CIMA designation preferred.
* Strong attention to detail
* Ability to create efficient processes
* Must have the ability to handle multiple projects simultaneously, and complete projects on a timely basis.
* Ability to influence people who don't have a direct reporting relationship
* Strong PC skills (including general software and industry databases such as Excel, PowerPoint, Word, Lipper, FactSet, Barclays Live, Morningstar Direct, LANA, Bloomberg, preferred).
* An undergraduate degree and 5+ years of mutual fund and/or ETF industry experience preferred.

Your Desired Skills:

* Experience working with fundamental equity asset managers
* Strong attention to detail, with analytical capabilities.
* Team player with excellent interpersonal skills; must be able to establish and maintain effective, cooperative working relationships with all departments and organizational levels.
* Creative thinker with an ability to identify process improvement opportunities, as well as sales ideas.
* Solid written communication and oral presentation skills.
* Desire to make a strong contribution and continue to advance through the group.

Our Culture:

Prudential Financial, Inc. 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 hone their skills and explore continued opportunities 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 email accommodations.hw@prudential.com.

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 careers.technicalsupport@prudential.com to request assistance.

Keywords: PGIM Global Short Duration High Yield Fund, Inc., Newark , Equity Product Manager - PGIM (Hybrid), Executive , Newark, New Jersey

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