PGIM - Investment Analyst

Location: New York

Job Classification:

Investment Management - InvestmentsA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTUREAs 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 doWe are seeking an Investment Analyst to join our Private Credit Secondaries team. This is a differentiated role at the intersection of private credit and secondaries investing, where the core of the work is bottom-up credit analysis of underlying borrowers, paired with exposure to portfolio-level investing and transaction structuring across LP-led and GP-led secondary opportunities.

This role offers the opportunity to work on challenging and innovative investments within one of the largest private capital market investors, while helping shape a rapidly growing private credit secondaries strategy. You'll benefit from a strong foundation of formal and on-the-job training, broad exposure to private credit asset classes, and direct mentorship from senior investment professionals. At the same time, you'll be part of a collaborative, high-impact team and a global analyst community that supports accelerated learning, professional growth, and work-life balance.

This is a hybrid role based in New York City, where the team is on-site 3 times a week.

What you can expect

Supporting all aspects of the investment process, from sourcing, due diligence, to the execution of private credit secondaries transactions, including the acquisition of LP interests, GP-leds, and structured transactions

Preparing detailed quantitative and qualitative analyses and investment memoranda within tight time constraints

Extensive credit analysis and financial modeling of underlying borrowers and funds across several private credit asset classes, including direct lending, mezzanine, opportunistic credit, and infrastructure

Actively monitoring existing investments, including regular interaction with managers of underlying investments and valuation updates

Working with the broader team on deal sourcing, fundraising efforts, and other strategic initiatives

What you will bring

Bachelor's degree in Finance, Accounting, Economics, or related field.
1-2 years of experience in private credit, direct lending, mezzanine investing, credit secondaries, or equity secondaries.

Strong underwriting and financial modeling experience, including transaction analysis and due diligence.

Familiarity with private credit fund structures and/or secondary investment transactions.

Excellent analytical, communication, and interpersonal skills with exceptional attention to detail.

What will set you apart

Experience working with originations or investment execution

Participation in the Chartered Financial Analysts  (CFA) program a plusPGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

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 $90,000 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…