PGIM Quantitative Solutions, Portfolio Management Investment Associate (Hybrid) (Finance)
Job Classification:
Investment Management - Portfolio Research
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!
If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today. At PGIM, You Can!
PGIM Quantitative Solutions is looking to hire an Investment Associate to with work with the Quantitative Equity Portfolio Management team. The success of PGIM Quant Equity is a function of a number of factors, including the firm's leading-edge quantitative portfolio management capabilities. The portfolio management team is responsible for stock selection and portfolio construction research with direct accountability for portfolio performance.
What you can expect:
- Assist our Quant Equity Solutions Portfolio Managers with implementation and execution of all dimensions of the investment process, including cashflow management, portfolio optimization, corporate actions, proxy voting
- Provide analytic and programming support for portfolio management and investment-related research
- Provide analytic support for client-related presentations and research
- Develop and maintain performance attribution reports for investment portfolios. Assist in the development of written pieces explaining relative performance to clients
- Develop and maintain risk management reports for portfolio management
- Participate in PGIM Quant Equity research seminars
- Participate in internal and external investment meetings
What you will bring:
- Bachelor's degree required in related discipline; STEM program preferred
- One to three years of work experience in a related field is desirable but not required
- Strong evidence of outstanding academic achievement, and strong foundation in investments, economics, and statistics
- Quantitative and programming skills (Linux, R, Python, VB)
- Experience with FactSet and Bloomberg
- Excellent verbal and written communication
- Most importantly, strong attention to detail is required
What will set you apart?
- Master's degree
- CFA designation, or interest in pursuing is desired .
- Able to work in a team environment while taking individual responsibility for the quality and accuracy of his/her work.
- Excellent time management skills; work efficiently under the pressure of deadlines.
PGIM believes in the Power of a Hybrid work arrangement. The Power of Hybrid is both the flexibility of work from home, as well as the networking and career development of in-person work with colleagues through weekly anchor day(s). T his position will work a hybrid schedule in our Newark, NJ office.
Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The base salary range for this role is from $100,000 to $125,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.
About PGIM Quantitative Solutions Group Our Business:
PGIM Quantitative Solutions is the quantitative, multi-asset and liquid alternatives specialist of PGIM. For more than 45 years, PGIM Quant Solutions has helped investors around the world solve their unique needs by leveraging the power of technology and data as well as advanced academic research. PGIM Quant Solutions manages portfolios across equities, multi-asset and liquid alternatives and offers defined contribution solutions. For more information, please visit PGIM Quantitative Solutions
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What we offer you:
- Market competitive base salaries, with a yearly bonus potential at every level .
- Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave .
- 401(k) plan with company match (up to 4%).
- Company-funded pension plan.
- Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
- Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
- Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
- Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com .
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance .
