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Asset Management - Newark, NJ PGIM Fixed Income - Quantitative Developer

About the position

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, New Jersey, London, Tokyo and Singapore. As of September 30, 2018, the firm has $729 billion of assets under management including $314 billion in institutional assets, $130 billion in retail assets, and $285 billion in proprietary assets. Over 600 institutional asset owners have entrusted PGIM Fixed Income with their assets.
What makes us truly unique, from an employee perspective, is the exceptional culture that pervades the firm, from senior leadership to the most junior talent. The firm has a long-standing track record of retaining and promoting its talent, resulting in a close-knit community of down to earth and low ego investment and support professionals.
The Quantitative Research and Modeling (QRM) Group in PGIM Fixed Income is looking to add a team member on the Associate level to work on the implementation of infrastructure to support the research and development of world-class relative value models and trading strategies with a focus on global interest rate, credit and FX markets. The group covers all major global public fixed income markets, and we model credit, interest rate and foreign exchange risk. We work closely with portfolio managers and traders as well as with colleagues in risk management, structured finance research, and application development.
Responsibilities include:
  • Design and develop state-of-the-art financial analytics platform in Python and C++
  • Collaborate with technology team to develop robust data and computing infrastructure
  • Maintain a strong relationship with portfolio managers that use analytics applications

Qualifications

A successful candidate should possess
  • Degree in computer science, Financial Engineering or Math. MS and/or PhD desirable
  • Strong software development background
  • Programming experience with Python and/or C++
  • Solid mathematical foundation
  • 3+ years of experience in a software development role
  • Interest in the financial industry
  • Highly desirable but not required:
    • Experience with databases
    • Exposure to AWS or Google cloud platforms
    • Knowledge of numerical computation such as Monte Carlo simulation

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.