PGIM Investments, Distribution Associate

bal expansion, as well as its expansion of an Irish UCITS Management Company, PGIM Investments International is looking to hire a Distribution Associate to work alongside and assist the Designated Person for Distribution (PCF-39E). This Dublin based role will be accountable for demonstrating adherence with all Irish and other relevant legal and regulatory requirements in relation to distribution of proprietary UCITS and Alternative Investments.

What you can expect

The scope of the role includes the following duties:

• Maintaining an effective framework for distribution oversight and ensuring that the firm can operate in compliance with CP86 and all local regulatory & legal requirements.

• Maintaining adequate distribution-related policies & procedures to ensure compliance with the firm's obligations.

• Work closely with the firm's management and staff on distribution matters and updating knowledge on recent regulatory changes related to distribution.

• Maintenance of charter and scheduling of all meetings for the Global Distributing Operating Committee ("GDOC") for UCITS.

• Draft and maintain the monthly meeting minutes of the GDOC.

• Oversight & analysis of initial and ongoing due diligence on third-party intermediaries selling our securities products and maintain records and reporting for all reviews.

• Work closely with our third-party due diligence provider to collect, analyse, and develop reporting on our selling partners.

• Assist DP for Distribution to complete required reporting for the quarterly UCITS Management Company Board meetings as well as to the Fund's Board of Directors.

• Assisting the firm's global funds registrations team with distribution related queries and coordinating new country registration requests, when required.

• Oversight and maintenance of the various local paying agent relationships, if applicable.

• Ensure that effective complaints handling procedures (including complaints relating to distribution) are in place.

• Participate, if required, in the quarterly UCITS Fund Board meetings and help draft quarterly written distribution compliance reports to the firm's Board of Directors

• Assist in completion of Requests for Proposal ("RFPs"), if required.

• Work closely with associates in London office and assist with distribution related projects, when required.

What you will bring

• Detailed understanding of fund & management company operations.

• Relevant distribution / regulatory / operations / fund registration experience in a regulated financial services business or in a service provider within the investment management industry.

• Understanding of Intermediary distribution, including knowledge of key firms.

• Strong project management capabilities.

• High energy, enthusiastic, high quality interpersonal skills, especially influencing and communication skills.

• Highly detail oriented.

• Ability to multitask, work collaboratively in team environment as well as independently as a self-starter at times.

*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

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.

• Annual Leave of 23 days at full pay.

• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.

• Annual Bonus Programme & CleaverCards Vouchers: Along with an annual bonus employees are rewarded with CleaverCards vouchers which are paid tax free.

• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee's salary.

• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

About PGIM Investments

PGIM launched an Irish domiciled UCITS platform in 2013 (PGIM Funds PLC) which currently has over $8.5billion in assets across 30 funds managed by PGIM Fixed Income, PGIM Real Estate, Jennison and PGIM Quantitative Solutions. These assets have come from third parties as well as PGIM seed capital.

PGIM has taken a strategic decision to aggressively pursue asset raising opportunities, particularly in the global retail markets where it has not been prominent to date. PGIM will develop relationships with third party distributors outside the US, with a primary focus on EMEA but also seeking opportunities in Asia, Japan & South America. Relationships with distributors of Prudential's retail mutual fund family in the US will be leveraged. The range of funds available in the UCITS vehicle is being expanded to include further funds managed by the PGIM investment management businesses and PGIM endeavours to obtain an AIFM license as well as a MIFID top up.

The UCITS initiative and the legacy QIF platform propelled the need to create a dedicated group within PGIM Investments, PGIM Investments International, that is focused on (i) development, management and servicing of the distribution relationships; (ii) operational support for the day-to-day activities of the fund including on-going supervision of outsourced service providers; (iii) management of the extensive governance requirements of the fund; and (iv) maintenance and development of the fund structure from a legal and regulatory point of view.

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$1.33 trillion in assets under management as of June 30th, 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 148 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
PGIM has a long-held commitment to advancing diversity, equity and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries.

PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants' gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit.

Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.

PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority.