Investment Management - Newark, NJ Senior Quantitative Analyst

About the position

Prudential’s Alternative Assets Group is a unit of the Global Chief Investment Officer organization, which conducts asset and liability management and portfolio construction for all of Prudential’s domestic and international business operations. The Alternative Assets Group is responsible for managing over $9 billion in assets, comprised of private equity and hedge funds, as well as real estate and other investments in real assets.

The Alternative Assets Group is seeking an experienced investment professional with a specific focus on quantitative and risk analysis to support the team’s effort in managing underlying portfolio risk. The alternative investment portfolios span across asset classes, regions, and include complex strategies. The position reports to the Alternative Assets Group Risk Manager. The candidate will be expected to:
• Create, establish and maintain a risk framework to analyze Prudential’s alternative investments portfolios investing across hedge funds, private equity, and real estate.
• Develop and enhance analytical tools to help assess alternative investment portfolios
• Identify and evaluate risks, as well as run stress tests, across various asset classes, strategies, portfolios and managers
• Assist in developing a methodology for stress testing the private equity and real estate portfolios.
• Creating and running optimization models to serve as a guide to portfolio managers in allocation decisions
• Assist in creating and generating periodic risk reports for senior management and portfolio stakeholders.
• Work on automation of systems and processes

Qualifications

• Minimum of 1 year of prior financial markets experience; asset management experience preferred
• Between 1-3 years of working in a risk management and/or analytical role at an asset manager; alternative investments industry experience a plus
• Strong quantitative/statistical knowledge with an ability to work on systems and databases (SQL, Access)
• Knowledge of Bloomberg and Microsoft Office, advanced knowledge of MS Excel (VBA, Macros)
• Minimum of 1 year of programming experience using R or Matlab
• Strong interpersonal and communications skills
• Ability to manage multiple projects simultaneously
• Bachelor’s degree required. Graduate degree preferred.

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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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.

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