Asset Management - Newark (NJ), NJ PGIM Fixed Income - Associate Manager, Securities Lending 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, 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.

The Securities Lending & Short-Term Product Support Associate Manager is responsible for direct supervision of a team while providing operational, research, and analytical support to the Sec Lending and Short-Term Money Markets investment desks within PGIM Fixed Income. This individual is responsible for increasing organizational capabilities through efficiencies and scale. The Associate Manager is expected to anticipate issues that may introduce risk, cause errors and adversely affect the performance of our clients and funds. They will also provide support to the team in solving problems and incorporating new processes to mitigate risk. Coaching, developing and leading by example will be some of the expectations of this individual with respect to talent management. The operational functions supported by the team include daily trade settlement and issues resolution, fails management, Cash and Position Reconciliation, Collateralization, Bank and Broker billing.

Job responsibilities may include:
 Project Management and developing Operational workflows to manage business initiatives
 Daily managerial oversight of operational functions, conducting review of packages and providing sign off
 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 product and function supported
 Keeping abreast of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes
 Serving as primary liaison between the portfolio management and operations teams
 Gathering and/or analyzing key metrics with regards to activity

Qualifications:
 3-5 years of experience supporting fixed income products or relevant experience
 Previous supervisory experience preferred
 Strong leadership skills
 Strong desire to learn and develop others
 Strong analytical & problem-solving skills
 Ability to oversee both production and project deliverables
 Strong communication skills (written & verbal)
 Self-motivated & able to work within a team environment
 Intermediate knowledge of MS Office & business applications
 Solid understanding of business risk & operational controls
 Enjoys a fast-paced, high-intensity environment