PGIM Fixed Income - Account Management Associate (Hybrid/Newark, NJ)

Posted:
8/8/2024, 5:00:00 PM

Location(s):
Newark, New Jersey, United States ⋅ New Jersey, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Sales & Account Management

Job Classification:

Sales - Sales

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

What you will do

The Account Management Associate will be supporting Institutional Client Advisory team and will be responsible for assisting with the identification and cultivation of North America based institutional prospects and clients, preparing business presentations, coordinating internal resources/partners, as well as more generally assisting with the closing of institutional sales.

What you can expect

  • Participate as key member of a dedicated institutional client advisory team focused on direct relationship building and asset gathering within the largest 1,000+ institutional asset allocators in North America.

  • Develop asset class fluency and solid understanding of PGIM Fixed Income (“PGIMFI”) strategies (both traditional fixed income and alternative strategies), processes, resources, and capabilities.

  • Support client advisors with ongoing sales and sales-related communication with clients and prospects.

  • Interface with key business partners/stakeholders across PGIMFI to organize meetings and coordinate presentation materials.

  • Prepare materials providing background on institutional prospects including bios, plan details (research 10Ks, MMD, websites, other market intelligence databases, etc.), longer term liability, EROA, and/or other goals/objectives, company /market challenges, existing managers and strategies, etc., to help best identify opportunities and position PGIMFI for future growth.

  • Develop understanding of the distinct sponsor channels (corporate, PERS, Taft-Hartley, E&F, insurance, sub-advisory, Fund of Hedge Funds, etc.) active in the institutional fixed income and/or alternatives space, and how PGIMFI capabilities and strategies map within the various channels.

  • Attend occasional industry association meetings and related conferences with, and as directed by, the client advisory group.

  • Write and publish client meeting notes and post to SalesForce CRM system as appropriate.

  • Assist with all meeting/call/conference follow ups, including entering appropriate requests in SalesForce.

  • Conduct research and prepare reports/plans to support new sales initiatives.

What you will bring

  • BA/BS degree (MBA/CFA candidate a plus)

  • Minimum of 0-2 years of investment industry or investment sales experience

  • Familiarity with fixed income securities and markets

  • Effective team player; able to work with people of all levels.

  • High level of self-initiative, with strong integrity and ethics

  • Experienced user of SalesForce CRM, Blackrock Aladdin, and Tableau systems preferred

  • Holds or is willing to obtain Series 7, Series 63, and Series 3 licenses

  • Organized, detail oriented, with strong time management and active listening skills

  • Reliable self-starter with ability to problem solve on their own

*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.

To find out more about our Total Reward package, Total Rewards Brochure

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The base salary range for this role is from $70,000 to $80,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also eligible for additional compensation and/or benefits including a competitive, discretionary annual cash bonus opportunity along with long term incentive awards. Eligibility to participate in the discretionary annual incentive programs are subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

About PGIM Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $821Bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.  

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 [email protected] 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
[email protected].

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 [email protected] to request assistance.

Prudential Financial

Website: http://www.prudential.com/

Headquarter Location: Newark, New Jersey, United States

Employee Count: 10001+

Year Founded: 1875

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Asset Management ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services ⋅ Insurance ⋅ Health Care ⋅ Retirement