Asset Management - Newark (NJ), NJ PGIM Fixed Income | Senior Investment Analyst - Portfolio Analytics Group

PGIM Fixed Income is a global fixed income asset manager with $946 billion assets under management as of Sep 30, 2020, making it one of the largest fixed income managers in the world. PGIM Fixed Income stands out for the stability and consistency of its investment processes, investment and research teams and its track records. In concert with its internal stability, PGIM Fixed Income also enjoys a high level of client loyalty and a redemption ratio that is far below industry standard.

Role Overview:

The Senior Investment Analyst role in the Portfolio Analysis Group provides investment analysis, both portfolio and market based, to key internal constituents, as well as current and prospective clients. The Analyst delivers expert quantitative investment analytics and shares leadership responsibilities for the group with his or her peers. The Analyst works with portfolio managers, risk managers, traders, credit research, client service representatives and the sales and marketing team to deliver performance attribution and analytics, monitor portfolio positioning, alignment and risk exposures, collect and analyze market data and model portfolios and custom benchmarks for portfolio management.

Portfolio optimization is an important part of this role. The Analyst understands and participates in portfolio construction and trade construction within multiple sets of constraints or guidelines that exist for the portfolio sphere they cover. It is important that the Analyst successfully navigate multiple, and at times competing, ad hoc requests and projects simultaneously that relate to market or portfolio analytics received from all parts of the larger Fixed Income organization. The Analyst will routinely make individual contributions but will also be responsible for the training and development of rotational analysts. The Analyst works closely with peers throughout Fixed Income to build organizational capabilities and is responsible for setting goals and accomplishing the objectives of the Portfolio Analysis Group.

Responsibilities:

Dynamically monitor and assess portfolio positioning with respect to risk exposures and thresholds, providing construction and alignment insight where possible

Integrate specific client guidelines, objectives and risk tolerances into the firm’s investment process and strategies to ensure complete portfolio management and analytics are in place for all portfolios

Follow developments, views and themes within the market or markets applicable to the desks being covered, understand how those drive portfolio positioning and performance

Maintain the Portfolio Analysis Group’s position as a world class provider of Investment Analytics and provide leadership, talent development and execution against the organization’s strategic goal set.

Work with peers across mandates to ensure analytics processes and methodologies are applied consistently and efficiently

Deliver and effectively communicate monthly and quarterly performance attribution analysis

Work with constituents throughout the organization to ensure that the Portfolio Analysis Group, Portfolio Management teams and the Risk Management Group have the tools and technology required to effectively manage portfolios

Compare and contrast various benchmarks and their risk and positioning profiles, assess appropriate benchmarking for given mandates or clients

Remain current on all applicable technology related to portfolio analytics, attribution methodologies, modelling methodologies and risk management tools

Construction of model portfolios based on client or prospect guidelines as well as modelling of impact of cash flows to existing portfolios

PGIM Culture:

PGIM is proud of its distinctive culture. It is a non-political and non-aggressive organization with a sound reputation for the pedigree and professionalism of its employees. PGIM has a feeling of quality and stability, but at the same time it is forward-thinking and evolutionary in its approach. Employees find it a hugely congenial place to work with a strong sense of team spirit existing throughout the organization at every level. As a result, staff turnover is particularly low, especially on the investment side where senior investment professionals average 20 years tenure with the firm. This is also testament to the group’s dedication to its employees, helping them develop their careers within the organization.  

3-5+ years of experience in Fixed Income Investments and a demonstrated passion for Fixed Income Analytics

Strong demonstrated quantitative skills (project experience involving data analysis a plus)

Ability to thrive in a fast-paced environment while working on multiple tasks both independently and within a team construct

Maintains high levels of productivity and self-direction

Demonstrated skills as a team player and is also able to work independently

Extensive experience with MS Excel and other technical data analysis / modelling tools Python and Sql a plus Leadership potential

Bachelor’s degree with concentration(s) in Finance, Economics, Mathematics or Engineering MBA, CFA, other applicable masters level work such as Statistics or Quantitative Finance or equivalent experience will also be considered

Excellent verbal and written communications skills

Embraces and encourages change and development