PGIM O&I - Investment Operations Specialist ( Remote)

  • Prudential Financial
  • Remote * (Newark, NJ, USA)
  • Jan 15, 2022

Job Description

Job Classification:
Investment Management - Investment Operations

Job Description

PGIM, the global investment management businesses of Prudential Financial Inc., is one of the world's leading money managers. With offices in 15 countries and over $1.5 trillion in assets under management, clients rely on our risk management expertise, intellectual capital and creative solutions to realize their investment objectives. Our distinct multi-manager model delivers a broad suite of actively managed solutions in the areas of public and private fixed income, equities, alternatives and real estate to serve our clients' needs. We are passionate about delivering investment returns for our clients and dedicated to our greatest asset - our people. Learn more about who we are and how we can work together, please visit:

Our Function:

PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.

Our Role:

PGIM Plan Accounting Investment Operations is an integral component in the support of PGIM , Retirement and the Group Insurance businesses and their clients' investments in separate accounts and trust vehicles. The Investment Operations Specialist position provides an opportunity for cultivation of leadership skills. Talent is treated as a strategic differentiator and Plan Accounting is committed to attracting, engaging, developing, retaining, and actively managing a diverse and high-quality talent pool for the organization. Positions in Plan Accounting provide the opportunity to gain broad business knowledge by way of consistent exposure to a wide network of business partners. These include corporate and business functions such as Finance, Operations and Systems, Risk Management, Compliance, Audit, Product Development, Client Relationship Management and Actuarial Services as well as external banks and financial companies.

Your Impact:
  • Supporting, monitoring and calculating unit values for the investments we support
  • Transfer agency services including asset to liability reconciliations and investor share ownership
  • Production of client level commingled asset and investment reports, 5500/Schedule C and regulatory reporting
  • Calculation, invoicing, and collection of fees related to Investment management services and administration
  • Transaction processing including client contributions, withdrawals, and bank account monitoring
  • ORACLE accounting entries and ledger revenue reconciliations
  • Asset Manager relationship management and cashflow forecasting
  • Client order processing including exchanges and withdrawals; NSCC trading
  • Support of new fund development, set ups and closings
  • Bank Oversight and Related Reconciliation/Reporting Functions
  • Portfolio and Client level transition events (ie. securities in-kind transfers, manager replacements, etc)
  • External and Internal audit review and support; Client service support
  • Participate in various analysis and special projects

Your Required Skills:
  • Bachelor's degree in Economics, Finance, Accounting or Business related preferred
  • 3 - 6 years of investment operations, financial reporting, or accounting experience
  • Deep understanding of various investment security types
  • Strong partnering and interpersonal skills
  • Strong PC skills with proficiency in MS Excel
  • Strong analytical and problem-solving skills
  • Proven strength analyzing financial data
  • Experience with data warehouses/reporting
  • Adept at organizing/prioritizing tasks and working in a deadline-oriented environment
  • Proficient oral and written communication skills
  • Have the ability to multi-task/juggle multiple assignments and meet deadlines
  • You excel at directing a team and overseeing work of more junior staff
  • Ability to work as part of a team as well as independently

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.

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