Asset Management - Newark (NJ), NJ 2021 Fixed Income Client Advisory Group Internship Program: PGIM

We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. Our goal is to notify you of your status within 3 weeks after each application period concludes.

• Period 1: July 15, 2020 to September 1, 2020
• Period 2: September 1, 2020 to October 1, 2020
• Period 3: October 1, 2020 to November 1, 2020

All applications should be fully completed by November 1, 2020

To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruiting season. All applications must be submitted within one sitting.

Your Impact:
Are you a rising junior looking to apply your business knowledge and make an impact within a dynamic, evolving organization? Or maybe you’re looking to gain foundational knowledge and skills to apply in a professional environment, while developing strong relationships through training, mentorship, and ongoing feedback. At PGIM that’s a challenge we can help you meet as a member of our Fixed Income Internship Program (FIP).

As a Fixed Income Client Advisory intern, you could find yourself in a role to learn about the fixed income business and how asset managers earn revenue through their clients. The role explores Throughout the Internship, you will be given substantial responsibilities and will have opportunity to present your newly learned skills to your team during this 10-week experience.

As a Fixed Income intern, you will work in a collegial and supportive environment that promotes and rewards individual contributions, while placing equal importance on the results of the larger team. Interns within PGIM FI are encouraged to share their insights, skills, and diverse perspectives with a talented team working toward common goals. We place high priority on maintaining an environment that develops, motivates, rewards, and retains employees.

Job Responsibilities:

• Partner with internal and external clients to obtain greater insight to a multitude of investment products and processes, including Portfolio Management, Fixed Income Trading Strategies, Economics and Investment Strategy, Quantitative and Structuring Analysis, and Hedge Fund Management
• Understand and contribute to critical client facing issues and implement solutions that address client needs
• Collaborate with senior analysts, risk managers, and portfolio managers to analyze performance drivers, evaluate portfolio positioning and risk exposures, model benchmarks, and analyze technical market data
• You will challenge, problem solve, develop automation and systems to quickly and accurately complete client requests

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, New Jersey, Amsterdam, London, Tokyo and Singapore. As of March 31, 2020, the firm has $868 billion of assets under management including $348 billion in institutional assets, $174 billion in retail assets, and $346 billion in proprietary assets. Over 800 institutional asset owners have entrusted PGIM Fixed Income with their assets.  

• Bachelor’s Degree Required: Graduating in May/June 2022 or 2023. You are a rising sophomore or junior majoring in Finance, Economics and/or Business Management
• Required overall GPA: 3.3+
• Knowledge of the asset management industry, Fixed Income preferred
• You have one relevant internship/externship experience in an investment management or a related area
• Strong communication, quantitative and technical aptitude and breadth of computer skills
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration.