Fixed Income - Corporate Actions Analyst, FI Operations

PGIM Fixed Income - Corporate Actions Analyst, FI Operations

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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.

What You Will Do

The Global Trade Services group is seeking a Senior Corporate Actions Analyst to join their growing team. The Corporate Actions Analyst is responsible for supporting Fixed Income Corporate Actions activity. Primary responsibilities include coordination with custodian banks to ensure receipt of corporate action events, soliciting corporate action elections from portfolio managers, preparing broadcast notifications of election decisions, tracking and monitoring pending corporate actions, and processing events in the applicable trading system, coordinating with securities lending counter parties related to corporate actions on loan, dividend monitoring and collection.

What You Can Expect

• Review and develop departmental policies, guidelines and procedures as they relate to corporate actions.
• Enhance efficiencies, mitigate risks and increase controls.
• Effectively partner with portfolio managers, counter parties, vendors, legal department, credit research, pricing, compliance, transfer agents, issuers and custodian banks.
• Function as the technical expert in their assigned area.
• Occasionally serve as member of a project team.
• Day-to-day resolution of complex problems, and the execution of complex transactions.
• Communicate with custodians to resolve issues and improve service levels.
• Have extensive knowledge of the product/asset class involved in corporate actions, and securities lending.
• Anticipate issues that may adversely affect Operations and propose possible solutions.
• Cultivate internal and external relationships to ensure proper service levels are achieved.
• Keep abreast of industry initiatives and market trends that can impact the business model and/or offer opportunities to improve processes.

What You Will Bring

• Bachelor’s degree in Economics, Finance or Business preferred, but not required.
• 2-5 years of Corporate Actions experience is preferred, but not required.
• 2-5 years of Investment Operations experience is required.
• Strong knowledge of fixed income products, investment strategies and standard market practices.
• PC skills with strong knowledge of Excel and Bloomberg.
• Extremely detail oriented, ability to organize, prioritize tasks and work in a deadline focused environment.
• Enjoys a fast-paced, high-intensity environment.
• Strong written and verbal communication skills.

This role will follow a hybrid model schedule (few days from Newark office and few days remote)

Dependent upon the business, flexible work schedules are necessary to provide operational coverage to our business partners from 7:00 a.m. to 8:00 p.m.

PGIM follows the NYSE holiday schedule. This position also requires over-time during peak periods

PGIM 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 annual base salary range for this role is from $90,000 to $105,000.

About PGIM Fixed Income

PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With 1000+ employees and $862Bn assets…