PGIM Private Capital - Fund Operations Associate, Direct Lending

Prudential Financial

3.4

(34)

Chicago, IL

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-118801

    Position summary

    nd third-party fund, PGIM Senior Loan Opportunities II (PSLO II), bringing the Direct Lending fund strategy to $5.0bn in commitments. The Fund Operations Associate hired for this role will be expected to play an integral role in continuing to grow the strategy.

    What you can expect

    • Prepare financial statements and performance returns for Direct Lending investors, including intricate incentive fee and management fee calculations

    • Assist in the preparation and review of investor communications, including capital activity and quarterly reporting

    • Maintain accurate performance metrics that will be presented to PPC leadership for regular reporting and analysis updates

    • Collaborate with the funds' tax compliance providers and auditors to ensure that reporting deadlines are met

    • Effectively manage monthly deliverables across various internal and external teams

    • Proactively manage and complete ad hoc initiatives and projects

    • Support Investor Relations during fundraising and new product exploration

    • Communicate with investment companies, fund managers, service providers, and investors

    • Join a global operations team by working with staff located in Chicago, Newark, and Ireland

    What you will bring

    • Minimum 3 years of accounting, audit, tax, fund administration, or operations experience in financial services

    • Proven experience with financial statement preparation and accounting guidelines

    • Previous exposure with Wall Street Office or Allvue (fka Black Mountain) is a plus

    • Previous exposure with Direct Lending and private credit funds is a plus

    • Strong presentation, written communication and interpersonal skills with exposure to all levels of management

    • Superior analytical skills, accuracy and careful attention to detail are crucial

    • Energetic person who brings positivity, geniality and optimism to work

    • Critical thinking and problem-solving experience required

    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

    About PGIM Private Capital

    At PGIM Private Capital, expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of bright, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield and mezzanine investments. We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.

    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!

    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.