Job Classification:

Corporate - Legal and Compliance

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you will unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

Are you a legal expert specializing in private credit finance?
PGIM, Inc. is looking for an experienced private credit finance lawyer with asset management and securities experience to support PGIM Fixed Income (the public fixed income asset management unit within PGIM, Inc.). The successful candidate will be based in Newark, N.J. and will join a team of lawyers supporting PGIM Fixed Income’s asset management business.

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

What you can expect:

• providing expert legal advice on direct lending and other private credit matters, including structuring, negotiating and documenting transactions
• drafting and reviewing complex transaction documents, including credit agreements, security documents, intercreditor agreements and confidentiality agreements
• advising on applicable regulatory requirements
• collaborating closely with investment and business professionals, and finance, risk and compliance partners, in executing and managing transactions
• monitoring and interpreting changes in laws and regulations relevant to private credit finance
• providing advice with respect to operations, syndication and trading issues
• advising on related investment management issues
• managing external transaction counsel
 

What you’ll need:
• 5+ years of relevant and sophisticated experience as a lawyer in a law firm, investment bank or investment manager
• Extensive experience in private credit finance, with a strong background in transactional work
• In-depth knowledge of relevant laws and regulations, including UCC Article 9, securities laws, and bankruptcy laws
• Excellent negotiation, drafting and communication skills
• Stellar project management skills, including the ability to prioritize multiple tasks and operate independently in a fast-paced environment
• Excellent judgment, including the ability to provide pragmatic advice and raise issues when appropriate
• Ability to collaborate with clients, colleagues and corporate partners at all levels, including senior management
• You must be admitted to practice law in New Jersey or another U.S. state.  If you do not have a plenary license to practice law in New Jersey, you must apply for a New Jersey In-House Counsel license within 60 days of employment
 

It would be a plus if you had knowledge and experience of:
• U.S. securities laws
• Investment management/Investment Advisers Act of 1940
• Registered investment companies/Investment Company Act of 1940
• Insurance regulation and regulatory capital requirements
• ERISA

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. 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

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 $210,700.00 to $285,100.00. 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.