Asset Management - Newark (NJ), NJ PGIM Fixed Income - Analyst, Derivative Operations

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 December 31, 2019, the firm has $851 billion of assets under management including $365 billion in institutional assets, $159 billion in retail assets, and $327 billion in proprietary assets.

The Derivative Operations Analyst is responsible for providing trade floor operational support to the PGIM Fixed Income business. This includes acting as the primary liaison and communication conduit between the portfolio management team and the operations team. The individual in this role is knowledgeable in operational support requirements, fixed income products, fx, and derivatives.

Job responsibilities may include:

• Facilitating trade flow processes and ensuring trades are entered into the system
• Serving as primary liaison between the portfolio management and operations teams
• Providing timely resolution to operational issues raised by the portfolio management team
• Actively researching/resolving trade discrepancies with internal and external stakeholders
• Monitoring daily reports and cashflows
• Performing daily reconciliation to ensure trade activity has been accurately captured
• Gathering and/or analyzing key metrics with regards to activity
• Help develop departmental policies, guidelines and procedures
• Anticipating issues that may adversely affect the operational support of all derivative products and taking action to reduce the risk of occurrences
• Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies
• Cultivating both internal and external relationships to ensure proper service levels are achieved for each fund supported
• Communicating operational support changes and initiatives to all impacted areas of PGIM
• Keeping abreast of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes

• Bachelors degree or equivalent experience
• 3 to 5 years of middle office derivatives experience strongly preferred
• Skills in: Excel, V-LookUp, Pivot Tables, Macro building a plus
• Strong knowledge of derivative products and/or other fixed income products and investment strategies
  Strong leadership skills
• Strong analytical & problem solving skills
• Ability to oversee both production and projects
• Strong communication skills (written & verbal)
• Solid understanding of application of business risk & operational controls
• Enjoys a fast-paced, high-intensity environment
• Able to multi-task and absorb information across a broad spectrum of products
• Ability to organize, prioritize tasks and work in a deadline oriented environment