PGIM Private Alternatives | Compliance Director (13-Month Fixed-Term Contract)

Real Estate Compliance, Based in London

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

Our Vision:

At PGIM, we care about our employees, and we are committed to seeing them succeed. We provide our employees with access to professional development and support to help drive their success and ability to innovate.

What you will do:

PGIM’s Real Estate and Private Equity businesses are seeking a senior compliance professional knowledgeable in alternative asset classes, private funds, and investment advisory issues to oversee a full range of compliance matters that arise in connection with their asset management activities in the United Kingdom.  Based in Central London, the position will be part of a larger global compliance team, supporting PGIM’s various businesses.  This position has significant visibility with senior management and direct interaction with global portfolio management, distribution, and operations. 

What you can expect:

• Work within the region to expand and develop the firm’s financial crime programme.

• Conduct due diligence of clients, counterparties, potential joint venture partners and other relevant constituents for purposes of general know-your-client, anti-money-laundering and anti-corruption requirements.

• Provide support and advice to the business and to compliance colleagues on all regulatory matters. Incorporate regulatory or corporate changes into guidance for the business and support the enforcement of all policies applicable to the business.

• Collect and collate information required for senior management reporting.

• Protect the integrity and reputation of the Company and develop a positive compliance culture.

You will report into the European Head of Compliance, PGIM Private Alternatives and will form part of a wider team that covers the region, working closely with colleagues in other global locations.

What you will bring:

• Minimum of 7 years’ experience of working in a related capacity for a financial services company, preferably in compliance, law, risk, audit, or a similar control function and preferably with real estate or other comparable private equity fund exposure.

• Experience of European financial regulation and markets and a genuine interest in global compliance concerns.

• Proven ability to work effectively and commercially with business stakeholders whilst ensuring an effective compliance culture.

What will set you apart:

• Experience in, and a good understanding of, real estate/alternative asset classes and/or private fund structures.

• Good knowledge of relevant UK and European laws, familiarity with SEC requirements is advantageous.

• Self-starter and strong team player who is inquisitive and self-motivated.

• Detail-orientated, able to set priorities and complete simultaneous projects.

• Strong academic background: relevant degree level qualification.

*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.

What we offer you:

• Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.

• Annual Leave of 25 to 28 days, based on years of service, at full pay.

• Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.

• Life Assurance & Income Protection: Life Assurance for 12 times your basic annual salary, up to a max benefit of £1.8million. 60% of your basic annual salary for a limited payment term of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.

• To find out more about our Total Reward package, visit https://youtu.be/acuhcv46Nz0

About PGIM Private Alternatives

PGIM Private Alternatives (PPA) brings together PGIM’s private alternatives capabilities in order to provide global investors with a cohesive set of investment solutions across private credit, real estate equity and debt, private equity, infrastructure, and agriculture

Offering deep expertise and a strong track record, PGIM Private Alternatives provides clients with global scale and resources alongside the specialization and focus of distinct managers. Our investment philosophy and culture aim to cultivate world-class active management.

We are currently responsible for $319. billion in Assets Under Management & Administration (as of March 31st 2024) in private alternatives strategies across real estate, agriculture, private credit, and private equity. These strategies are managed by PGIM Real Estate (real estate and agriculture), PGIM Private Capital (private credit, infrastructure debt) and Montana Capital Partners (private equity secondaries).

PGIM Real Estate is one of the largest Real Estate managers in the world and one of the nation’s largest full-service commercial, multi-family and agricultural real estate lenders and has been serving the commercial real estate market for over 125 years. We cover Real Estate Debt, Equity, Agriculture, Public REIT securities, Defined Contribution, Private Equity, Impact Investing, Senior Housing and Mexico Industrial.

About PGIM – Global Asset Management
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.34 trillion in assets under management as of March 31st, 2024.  With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.

With a history dating back almost 145 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com

Our Commitment to Diversity, Equity, and Inclusion

Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We do not just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.

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