Asset Management - Newark (NJ), NJ 2021 Fixed Income Portfolio Analysis Group Development 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 senior 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 Developmental Analyst Program.

As a member of our Rotational Cohort, you will be part of a program that is designed to develop the firm’s future Investment Professionals and prepare the next wave of Investment Management, Research and/or Product Management talent for PGIM Fixed Income. The Investment Analyst role is a three-year assignment designed to rotate among several analytically and quantitatively challenging areas within Fixed Income such as Portfolio Analysis, Quantitative Modeling, Risk Management, CLO Analysis and Structured Product Research. In addition, you will participate in our signature learning & development program, PGIM Fixed Income University (PFIU), a classroom and interactive project-based curriculum designed to prepare first year Analysts for their careers in fixed income.

As a Fixed Income Analyst, 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. Associates 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. We offer a total rewards package that includes competitive pay, performance-based incentives, long-term savings opportunities, and just as important, support for life beyond work.


Job Responsibilities:
• Build and utilize modeling tools, develop frontier investment technology, hone research techniques and develop data analytics practices across multiple disciplines
• 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
• Gain greater insight and execute on 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
• The role offers growing responsibility as the Analyst’s experience and confidence grows



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 2021. Majors include Finance, Accounting, and/or Economics
• Overall 3.3+ GPA is required
• You have one relevant internship experience in investment management or a related area
• Knowledge of modeling packages, programming languages, and spreadsheet/database software, with Strong quantitative and technical aptitude
• Ability to work well independently and seamlessly within a team environment
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration