PGIM Quantitative Solutions - Senior Associate, Natural Language Processing (Hybrid / Newark, NJ)

Job Classification:

Investment Management - Portfolio Research

Our Vision:

At PGIM, we care about our employees, and we are committed to seeing them succeed. We provide our employees with access to professional development and support to help drive their success and ability to innovate.

What you will do:

PGIM Quant Solutions is looking for a Natural Language Processing researcher that will be embedded in the investment team along-side multi-asset and equity investment professionals.  We are looking for an individual that is committed to producing high-quality research using advanced data analytics to drive the investment process. You will work closely with other quantitative researchers and portfolio managers on a variety of projects that span numerous datasets.

What you can expect:

• You will be responsible for retrieving and testing data from external and internal sources, ensuring accuracy and quality.
• You will develop innovative NLP tools to derive investment insights.
• You will work closely with other quant researchers and portfolio managers on integrating the data insight into the investment process: generating investment ideas, testing systematic models, support model implementation process.
• You will partner with the internal technology team to help identify and rectify NLP data issues. In addition, you will assist in building data pipelines to enable advanced analytics capabilities, and in driving the development of analytics platforms.

What you will bring (We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role):

• Ph.D. or Master degree in a quantitative field (such as computer science, statistics / math, physics, engineering, economics / finance), a focus on NLP / ML / AI preferred
• Strong knowledge of machine learning and natural language processing methods
• Experience in applying these techniques to large datasets
• Working experience with at least one NLP toolkit such as SpaCy, BERT or Gensim.
• Hands on experience with Python and large databases
• 1-3 year of work experience, experience in the financial industry preferred
• Independent problem-solving ability
• Ability to work effectively in a team environment and communicate ideas to internal user groups.

What we offer you (To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers):

• 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.

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 $140,000 to $160,000. 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 Quantitative Solutions

PGIM Quantitative Solutions is the quantitative, multi-asset and liquid alternatives specialist of PGIM. For more than 45 years, PGIM Quant Solutions has helped investors around the world solve their unique needs by leveraging the power of technology and data as well as advanced academic research. PGIM Quant Solutions manages portfolios across equities, multi-asset and liquid alternatives and also offers defined contribution solutions. For more information, please visit pgimquantitativesolutions.com.

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$1.2 trillion in assets under management as of 30th December,2022. 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 almost 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

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 do not 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 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.