Paralegal, Trade Operations | PGIM Private Credit

Posted:
8/28/2024, 5:00:00 PM

Location(s):
Letterkenny, Ireland

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Operations & Logistics

A GLOBAL LEADING ASSET MANAGER 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

Our PGIM Private Capital (PPC) Trade Operations team is looking for a highly motivated individual to support PPC’s Private Credit investment business. This includes support for our Direct Lending Loans. This Specialist will support our US and European deal teams as they originate, close, and fund new Direct Lending transactions and will play a key liaison role with investment teams, attorneys, banks, and agents.

You will navigate the closing and post-closing process for certain transactions and escalate issues with Europe based investment teams, banks, legal counsels, and Operations teams in the U.S. Leading and being a mentor, and resource to more junior team members is part of the role. The ability to navigate complex settlement activities with the banking community and borrowers is important.

What you can expect

  • This specialist role will report into our assignments team in the U.S.
  • Provide assignment support to U.S. and European based Investment teams, attorneys, and other business partners.
  • Relationship Manager to agents involved in the transfers of private lending transactions in Europe.
  • Prepare and draft various legal documents, including but not limited to assignment documents from form (exhibit), incumbency certificates, assistant secretary certificates, and organizational charts. Understanding corporate documents, senior facilities agreement, credit agreements, note purchase agreements
  • Develop and maintain templates and forms.
  • Review and approve funding and cash movements, trade settlement and notifications while ensuring all parties understand their role, responsibility and or timing.
  • Integrate current Standard Operating Procedures with new product launches including new banks, systems and or reporting requirements.
  • Liaise with internal and external auditors and ensure documentation in in place to comply with enterprise and departmental standards.
  • Coordinate KYC with the Private Credit paralegals.

What you will bring

  • Degree in law, paralegal studies, business management or similar field required
  • 4 years pl experience as a paralegal or similar field
  • Experience in drafting/reviewing documents such as assignment agreements and transfer certificates
  • Ability to problem solve and work autonomously
  • Experience with Know Your Client (“KYC”) requests to serve as a resource and contact
  • Manage tight deadlines in fast-paced environment.
  • Excellent verbal and written communication skills
  • Assist in document management. Must be organized and efficient.
  • Support assignment team in the management of department workflow, including funding and closing, incoming requests and communications with internal and external clients, vendors, and agents.
  • Maintain accuracy on all project and pipeline tracking reports
  • Gather and verify cost information, legal and vendor invoices
  • Knowledge of the following skills: 
    • Microsoft office suite (Outlook, OneNote, Excel, Word)
    • Microsoft Word skills: compare documents (redline), electronic signatures; and document formatting
    • Adobe Acrobat
    • Intralinks

*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

  • Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
  • Annual Leave of 23 days at full pay.
  • Pension Scheme: Members of the scheme can contribute up to 6% of salary per annum and PGIM Ireland matches contributions up to 6% of salary. Members can also make voluntary contributions to the scheme.
  • Annual Bonus Programme & Shop LK Vouchers: Along with an annual bonus employees are rewarded with Shop LK vouchers which are paid tax free.
  • Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.
  • Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

About PGIM Private Capital

PGIM Private Capital is the private capital investment arm of PGIM and one of the largest private debt investors in the world across more than 1,000 companies globally. PGIM Private Capital invests annually in privately placed senior and mezzanine financings with middle-market companies.  Our expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of bright, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield, and mezzanine investments. We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.

Learn more about PGIM Private Capital

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PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit.
 
Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.
 
PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority.

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