Asset Management - Newark (NJ), NJ PGIM Fixed Income - Associate Manager, Collateral Management & Servicing

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 Associate Manager, Trade Management – Collateral Management & Servicing is responsible for
direct supervision of a team while providing operational, research, and analytical support to the PGIM
Fixed Income businesses for derivative products (i.e. Swaps, Futures, FX, and Options). This individual
is responsible for increasing organizational capabilities through efficiencies and scale. Coaching, developing and leading by example will be some of the expectations of this individual with respect to talent management.

The team is responsible for the monitoring and settlement of daily collateral activities with numerous
counterparties across multiple product types. The team also performs regulatory reporting of positions, valuations and collateral to multiple international jurisdictions. In addition, the team works closely with internal Operations teams, portfolio managers, and broker dealers.

The Associate Manager is expected to anticipate issues that may introduce risk, cause errors and
adversely affect the performance of our clients and funds. Associate will also provide support to the team in solving problems and incorporating new processes to mitigate risk.
Associate is expected to have knowledge of derivatives as well as previous supervisory experience

Qualifications & Skills:
• Derivative product knowledge
• Regulatory reporting experience
• Supervisory experience
• Strong leadership skills
• Strong analytical & problem-solving skills
• Solid understanding & appreciation of business risk & operational controls
• Basic project management skills
• Strong communication skills (written & verbal)
• Strong desire to learn and develop others
• Ability to organize, prioritize tasks and work in a deadline-oriented environment
• Self-motivated & able to work within a team environment
• Able to absorb information across a broad spectrum of products.
• Detail oriented
• Ability to work in a fast-paced, high-intense environment
• Intermediate knowledge of MS Office & business applications

Experience/Education:
• Degree in Economics, Finance or Business preferred
• Previous supervisory experience required
• Prior Derivative Product experience required
• Regulatory Reporting experience is preferred
• 3-5 years of experience supporting fixed income products or relevant experience