PGIM Private Capital - Senior Investment Operations Associate

Job Classification :

Investment Management - Investment Operations

What you will do :

The PGIM Private Capital (PPC) Trade Operations team is looking for a Senior Investment Operations Associate. This position involves loan servicing for PPC’s Direct Lending business and interacting extensively with internal and external business partners to assist in facilitating deal closings.

With a strong attention to detail, the successful candidate will need to be able to review closing documentation for accuracy as well as maintain organization across data entry systems to effectively capture trade details.

What you can expect :

• Loan servicing for PPC’s Direct Lending portfolio
• Review documentation and closing requirements prior to trade settlement
• Ensure accurate trade booking
• Liaise with PGIM Fixed Income and Trustees on servicing and growing the PPC CLO business
• Prepare daily / weekly / monthly reports and reconciliations
• Daily cash matching of open payables / receivables and monitoring of bank account activity
• Data entry into PAM sub-ledger accounting system & Wall Street Office for loan terms
• Review and process wires generated related to Alternatives cash movements
• Review wire instructions and complete call-backs with banks and agents
• Liaison between Deal Teams / Legal and Operations
• Review legal docs for loan terms and document in standardized format
• Maintain documentation to comply with enterprise and departmental standards, facilitating audits and examinations by internal and external regulatory bodies
• Prepare forward hedging models with PGF to mitigate foreign currency risk for non-USD assets
• Continuously seek to find process improvements to increase overall operational productivity and efficiency

What you will bring :

• 2+ years in the banking and financial services industry
• Bachelor undergraduate degree (all subjects areas considered)
• Strong attention to detail
• Independent problem-solving skills
• High level of self-motivation
• Excellent communication and analytical skills
• Ability to multi-task during high volume periods
• Strong PC skills, including extensive knowledge of Microsoft Suite, specifically Excel

What will set you apart

• Experience using Wall Street Office
• Loan closing and servicing experience
• Banking experience

PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

• Medical, dental, vision, life insurance and PTO (Paid Time Off)
• Retirement plans : 401(k) plan with generous company match (up to 4%); Company-funded pension plan
• Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
• Work / Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.
• Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
7 days ago