Associate Manager, Treasury

Posted:
8/18/2024, 5:00:00 PM

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

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
On-site

Job Classification:

Finance & Accounting - Finance & Accounting

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll 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 motivated, resourceful individual looking to apply your corporate finance knowledge in a unique role?
 

Prudential's Liquidity Management & Borrowing team (part of the Treasury organization) is seeking an associate manager. The team is responsible for leading and executing Prudential's funding strategy (e.g., capital structure and funding solutions), monitoring, forecasting, and enhancing funding, liquidity, and collateral considerations. These activities are used to support ongoing operations and strategic initiatives across the enterprise.
 

The associate manager will support the Liquidity Management team and support the identification and monitoring of liquidity needs, the assessment of liquidity risk, and the maintenance of a diverse playbook of actions to ensure adequate liquidity under both normal and stress conditions. The candidate will interact with senior leaders in financial management and collaborate with various internal business partners including Enterprise Market Risk and the Chief Investment Office.
 

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:

  • Oversee daily liquidity monitoring including review of the Early Warning Indicator report, short-term cash forecasting, and measurement of available resources across various portfolios

  • Lead projects to enhance our liquidity monitoring and reporting capabilities

  • Partner with business unit treasury teams and other corporate functions in order to update the Enterprise Policy and accompanying Contingency Plan

  • Assist with assembly of liquidity related analysis and reporting for senior management and regulators

  • Assist in the Contingency Plan Testing process to ensure that management actions can be utilized in stress

  • Develop and implement future liquidity framework enhancements as needed

  • Develop, maintain, and strengthen documentation around Prudential’s liquidity frameworks and related processes

  • Provide strategic input as a subject matter expert on liquidity matters

  • Further the departments use and adoption of advanced technology and reporting tools including Power BI and Tableau.
     

What you’ll need:

  • At least 3-5 years work experience in finance, accounting or treasury field preferred

  • Advanced Excel and PowerPoint skills

  • Knowledge of funding, liquidity and derivatives

  • Strong analytical and project management skills and ability to multi-task in a dynamic environment

  • Team player, but ability to be productive independently

  • Solid interpersonal skills and ability to interact with all levels of senior management including strong verbal and written communication skills

It’d be a plus if you had:

  • MBA, CPA and/or CFA

  • Power BI and Tableau 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 taken leadership responsibilities across the team and business.
 

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 $90,100.00 to $134,100.00. 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.

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