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Type of Role: Investments

Experience Level: Analyst/Associate

Location: Newark, New Jersey

Salary: $80K - $88K

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with more than $1.5 trillion in assets under management , has operations in the United States, Asia, Europe and Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com.

Job Classification:

Investment Management – Investments

The Chief Investment Office (CIO) of Prudential conducts asset and liability management and portfolio construction for all of Prudential’s domestic and international business operations and manages over $400 billion in assets under management. Prudential Select Strategies LLC is a unit of the CIO responsible for alternative investments.

Prudential Select Strategies LLC is a registered investment adviser that originates, underwrites, and manages a diversified portfolio of fund investments to maximize risk-adjusted return on required capital. The team is organized into the following asset classes and teams: Private Equity, Hedge Funds, Real Assets, Manager of Managers, Operational Due Diligence, and Risk Management. The Alternative Assets Team within Prudential Select Strategies managed over $15 billion.
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The candidate will be expected to:

  • Support senior investment professionals in the due diligence and selection process of asset managers on behalf of the general account portfolio.
  • Work closely with senior investment professionals to perform on-going monitoring, analysis, and reporting of investment mandates.
  • Conduct ad-hoc quantitative and qualitative analyses, benchmarking, and identifying peer groups.
  • Conduct global market, industry, and strategy research and be informed about current and developing sector and market trends, as well as support related analytical projects.
  • This role is a part of the CIO Analyst Program, a three-year, entry-level role within the Chief Investment Office. Our program provides exposure to multiple pockets of a dynamic organization while creating the opportunity for success and recognition through substantial and long-term business impact.

Required Qualifications:

  • 0-2 years of prior financial services experience; fixed income related experience preferred
  • Bachelor’s degree in a business-oriented curriculum; preferred majors include finance, economics, or a similarly quantitative subject area
  • Advanced proficiency in Excel
  • Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration

Preferred Skills:

  • Team-oriented with strong written, oral communication, and interpersonal skills
  • Strong analytical, organizational, and problem-solving skills
  • Ability to work on multiple projects simultaneously

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $80,000 to $88,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential’s businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.