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PGIM O&I - Investment Operations Analyst, Plan Accounting (Hybrid/ Tampa, FL Or Newark, NJ)
PGIM O&I - Investment Operations Analyst, Plan Accounting (Hybrid/ Tampa, FL Or Newark, NJ)-September 2024
Tampa
Sep 20, 2024
ABOUT PRUDENTIAL
Prudential is a financial services company that helps customers grow and protect their wealth.
10,000+ employees
Financial Services, Technology
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About PGIM O&I - Investment Operations Analyst, Plan Accounting (Hybrid/ Tampa, FL Or Newark, NJ)

  Job Classification:

  Investment Management - Investment Operations

  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

  We are looking for an Investment Operations Analyst to join our PGIM Operations, Plan Accounting team which is part of PGIM Operations and Innovation's group (O&I).

  PGIM Plan Accounting is an integral component in the support of PGIM, Retirement and the Group Insurance businesses and their clients' investments in separate accounts and trust vehicles. As an Investment Analyst, you will be provided an opportunity for cultivation of your leadership skills, and you will be able to gain broad business knowledge by way of consistent exposure to a wide network of business partners. These include corporate and business functions such as Finance, Operations and Systems, Risk Management, Compliance, Audit, Product Development, Client Relationship Management and Actuarial Services as well as external banks and financial companies.

  This position is based in one of our offices in Tampa, Florida or Newark, NJ and will follow a hybrid schedule (2 days in office). Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

  What you can expect

  Depending on your experience and interest, your role could include responsibilities in the following areas:

  Client Reporting: Production of client level commingled asset and investment reports; Client service support; 5500 and Schedule C regulatory reporting; Client performance; Audit supportFinancial Accounting and Analysis: Calculation of investment management and other fees; Invoicing and collection of fees; Accounting entries and revenue collection; AUM reporting; Audit support; Transaction processing including client contributions, withdrawals, and bank account monitoring; Accounting entries; Cash & ledger reconciliations; Client set up.Fund and Investor Services: Support of new fund development and set up; Oversee fund and client launch projects; Bank and vendor oversight; Regulatory reporting; Retirement Pooled Financial Statements; Audit Support; Asset Manager relationship management and cashflow forecasting; Client order processing including exchanges and withdrawals; NSCC trading.Fund Valuation and Performance: Calculation of fund level pricing/unit values; Fund level performance reporting; Support of new fund development and set up; Transfer agency including asset to liability reconciliations and investor share ownership; Retirement Pooled Financial Statements; Single Client reporting; Audit support.

  Additional responsibilities may include:

  Supporting, monitoring, and calculating unit values for the investments we supportTransfer agency services including asset to liability reconciliations and investor share ownership.Production of client level commingled asset and investment reports, 5500/Schedule C and regulatory reportingCalculation, invoicing, and collection of fees related to Investment management services and administration.Transaction processing including client contributions, withdrawals, and bank account monitoring.ORACLE accounting entries and ledger revenue reconciliationsAsset Manager relationship management and cashflow forecasting.Client order processing including exchanges and withdrawals; NSCC trading.Support of new fund development, set ups and closings.Bank Oversight and Related Reconciliation/Reporting FunctionsPortfolio and Client level transition events (ie. securities in-kind transfers, manager replacements, etc)External and Internal audit review and support; Client service supportParticipate in various analysis and special projects.

  What you will bring

  Bachelor's degree in accounting, Finance, Economics, or related field.Strong organization skillsStrong analytical, critical thinking skills and solutions oriented.Ability to understand and analyze basic accounting principles and financial statements.Ability to organize and prioritize tasks in a deadline and fast paced environment.Overtime required during peak periods.

  What will set you apart?

  Advanced proficiency with Microsoft Excel and WordStrong attention to detail with the ability to summarize and communicate complex issues effectively, both orally and in writingPrior background / internship experience in investment management or financial services Industry is strongly preferred.

  *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 planWellness 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, visit Work Life Balance | Prudential Careers

  About PGIM Operations and Innovation Group (PGIM O&I)

  PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.

  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.

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