Senior Associate, Investment Operations | Asset- Finance | PGIM Alternative Investments( Hybrid​/Newark, NJ

Senior Associate, Investment Operations | Asset-Based Finance | PGIM Alternative Investments( Hybrid/ Newark, NJ) page is loaded## Senior Associate, Investment Operations | Asset-Based Finance | PGIM Alternative Investments( Hybrid/ Newark, NJ) locations:
Newark, NJ, USAtime type:
Full time posted on:
Posted Yesterday job requisition : R-125128

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
** In this role, as a Senior Associate, you'll lead a team responsible for supporting Asset Based Finance (ABF) and Residential Mortgage Whole Loan products. This role provides both operational and people leadership across key functions throughout the investment lifecycle, including deal onboarding, trade settlement, funding, asset servicing, and secondary market trading activities. The position requires close partnership with Portfolio Management, Deal Teams, Legal, Fund Management, counter parties, custodians, trustees, and agent banks to ensure the accurate and timely execution of transactions, effective risk management, and ongoing portfolio support.

The successful candidate will drive operational excellence, strengthen controls, develop team talent, and support the continued growth and scalability of the business.

This position is based in our office in Newark, NJ and will follow a hybrid schedule. Our organization follows a hybrid work structure ( 3 days in office) 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
*** Lead, develop, and mentor a team of Investment Operations professionals, driving performance excellence, fostering career growth, and ensuring adherence to operational controls, policies, and risk management standards.
* Actively facilitate the deal execution process in coordination with deal team, counsel, fund management, and other internal and external stakeholders.
* Capture and maintain primary and secondary market trading activity within the Order Management System (OMS), ensuring accurate and timely IBOR positions and records.
* Manage end-to-end wire payment processes, ensuring efficient deal funding, settlement, and adherence to operational controls.
* Coordinate and execute private asset transfers.
* Manage daily production including cash forecasting and positioning.
* Work with internal and external stakeholders to research and resolve cash and position breaks.
* Prepare and distribute recurring and ad hoc reports to support business, operational, and management decision-making.
* Identify and implement process improvement and automation opportunities to increase operational efficiency, strengthen controls, and support business growth.
** What you will bring
*** Bachelors Degree in Finance, Accounting, Business, or related discipline preferred. All majors considered.
* 8+ years of progressive experience in Financial Services, with demonstrated experience in Investment Operations, Private Credit, Asset Based Finance, Residential Mortgage Loans, Restructuring, or related alternative investment products.
* 3+ years of people leadership experience including performance management, coaching, employee development
* Intermediate or Advanced skills with Microsoft Office Suite
* Exceptional ability to evaluate complex issues, exercise sound judgement, influence outcomes, and make risk-based decisions while escalating material matters appropriately
* Excellent leadership presence, communication, and stakeholder management skills with ability to influence across all levels
* Ability to manage and…