PGIM FIxed Income - Product Pricing Specialist (Hybrid/Newark, NJ)

Prudential Financial

3.4

(34)

Newark, NJ

Why you should apply for a job to Prudential Financial:

  • 79% say women are treated fairly and equally to men
  • 76% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Flexible work arrangements.
  • Extensive maternity and paternity leave, and child care benefits.
  • Women’s Initiatives to Grow, Network, and Share (WINGS) business resource group and targeted leadership development opportunities.
  • #R-115752

    Position summary

    What you will do:

    PGIM Fixed Income is seeking a highly collaborative, motivated, and global client-focused member to join our Product Strategy & Development team as a Product Pricing Specialist. We are looking for an individual who is intellectually curious, operates well in ambiguity, has a strong perception of risk and is adaptive to change. The best candidate is a strong independent worker with attention to detail who is able to communicate effectively. The Product Pricing Specialist, will handle fee requests for both separate accounts and funds along as well as maintain data for trend analysis. The Specialist is encouraged to apply critical thinking skills to enhance the data analysis process. The role is highly strategic with high internal visibility as it has a direct input in the overall revenue growth of PGIM fixed income. The ideal individual is able to leverage knowledge while using an agile approach to drive outcomes and foster new ideas. The role requires the Specialist to work closely with senior management, domestic and international salespeople/client managers as well as marketing, legal and PGIM Fixed Income affiliates.

    What you can expect:

    • Drive revenue growth by identifying product pricing trends and designing competitive fee schedules that simultaneously maximize potential revenue for the business.

    • Identify pricing trends across strategies and vehicles in various markets.

    • Construct detailed product pricing proposals and present proposals to management.

    • Actively seek and gather information based on the details provided by salespeople/client managers within the product pricing requests.

    • Review and comprehend legal documentation during the client onboarding process.

    • Understand the client management, sales, and invoicing processes with intentions to build on this knowledge to better align product pricing strategies.

    • Multi-task initiatives to timely completion often with tight deadlines.

    • Recognize the downstream impact of decisions to mitigate PGIM Fixed Income's risk.

    • Assist with business specific special data analysis projects as needed.

    What you will bring:

    • Knowledge of Fixed Income and Credit, with knowledge of Separately Managed Accounts and pooled vehicles preferred (UCITS, QIF, SICAV, FCP, 40 Act funds etc.).

    • 3-5 years financial analysis experience within asset management or capital markets.

    • Strong attention to detail.

    • Strong working knowledge of Microsoft Excel.

    • Bachelor's degree in finance or economics with strong academic performance.

    • Desire and ability to communicate to professionals at all levels, collaborate with others.

    • Highly motivated and creative problem solver; able to work independently.

    • Able to organize and prioritize tasks, working in a fast-paced deadline driven environment.

    • Able to organize data and present conclusions succinctly.

    *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 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 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

    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 $75,000 to $100,000. 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.

    About PGIM Fixed Income Group PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $793bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.

    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$1.27 trillion in assets under management as of June 30th, 2023 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 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.

    Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

    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 don't 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.

    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 https://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.

    Why you should apply for a job to Prudential Financial:

  • 79% say women are treated fairly and equally to men
  • 76% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • Flexible work arrangements.
  • Extensive maternity and paternity leave, and child care benefits.
  • Women’s Initiatives to Grow, Network, and Share (WINGS) business resource group and targeted leadership development opportunities.