Job Classification:

Investment Management - Investment Operations

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with over $1.5 trillion of assets under management, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management. In the U.S., Prudential's iconic Rock symbol has stood for strength, stability, expertise, and innovation for more than a century.

The Chief Investment Office's (CIO) is committed to being a trusted partner that delivers efficient and risk-smart operational solutions for investment activities. The Global Hedge Management (GHM) Operations team is seeking a Senior Investment Operations Specialist to join the Documentation team. This team’s primary focus is timely and accurate processing of legal documents related to derivative transactions originated by Prudential Global Funding (“PGF”), Prudential’s derivative subsidiary. These documents include, but are not limited to, swap confirmations (primary responsibility), master agreements and other related legal agreements.

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:
• Process all trade confirmations in a timely and accurate manner.
• Aggressively resolve disputes with counterparties.
• Prepare market valuation letters for counterparties.
• Review counterparty ratings weekly.
• Reconciliations related to the derivative activity.
• Complete audit requests (both internal and external)
• Analyze existing and developing ISDA rules and their impact on legal document requirements.
• Work with Counterparties on resolving operational problems which may arise.
• Complete and/or assist with special projects, as needed. Some projects may require staff member to take a leadership role.

All the responsibilities within Operations requires an individual who has strong analytical skills, the ability to research and resolve outstanding items independently, works well in a team environment, completes one’s responsibilities in a timely and accurate manner and who exhibits good interpersonal skills. Aside from the daily responsibilities, the individual is also expected to work on various assigned projects and become more actively involved in the development and implementation of value-added initiatives. Not only will such projects challenge the individual and broaden their scope of knowledge, but also benefit the group by streamlining and/or creating efficiencies to current work processes.


What you’ll need:
• Working knowledge of derivative documentation and procedures.
• Superior communication, organizational and interpersonal skills are a must.
• Proven ability to work independently and participate as a team player.
• Superior analytical and logical reasoning skills
• Good written and oral presentation skills
• Ability to develop an understanding of how the group fits into the larger organization and considers information from the customers’ perspective so we can better meet their needs.
• Ability to complete both daily and long-term assignments.
• Ability to work well under pressure and meet tight deadlines.
• Working knowledge of Microsoft Excel and Word
• College degree.
• Knowledge of regulatory compliance and industry requirements necessary to support the processes within PGF including but not limited to Sarbanes-Oxley and Dodd-Frank regulations.

It’d be a plus if you had:

• Asset Management or Insurance industry experience

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

At Prudential, you can:

Take charge of your career. People who have successfully developed their skills in this role have gone on to be promoted within Investment Management - Operations or have moved into a role withing the Chief Investment Office (CIO)

We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave

• Retirement plans:

• 401(k) plan with 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 and mental health, and career development.

• Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.

• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-Hybrid

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 $71,100.00 to $105,900.00. 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.