PGIM - Director, Investment Risk

## PGIM
- Director, Investment Risk Apply locations:
Newark, NJ, USAtime type:
Full time posted on:
Posted Todayjob requisition :
R-124522

Job Classification:

Investment Management
- Investments
** 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 with 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!
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* What you will do:

** PGIM Credit is a leading $1.2 trillion global asset manager spanning public and private credit markets. Our Investment Risk Management team plays a critical role in overseeing risk positioning across more than 600 client portfolios, partnering closely with investment professionals to deliver disciplined, data-driven decision-making.

As part of a highly collaborative and technically sophisticated team, you will work at the intersection of portfolio management, trading, and quantitative analytics. The group is responsible for shaping and monitoring risk budgets, advising on portfolio positioning, and continuously enhancing PGIM Credit’s proprietary risk platform. This is a unique opportunity to contribute to a best-in-class risk framework within a dynamic and team-oriented environment.

We are seeking a strategic and detail-oriented Investment Risk professional who thrives in a fast-paced setting and is passionate about applying quantitative insights to real-world portfolio management challenges.

This is a hybrid role based in Newark, NJ, where the team is working on-site 3 times a week.
** What you can expect:
*** Provide independent support to all aspects of the risk management function, including daily oversight of portfolio risk positioning, engagement with portfolio managers to address risk issues, review and sign-off of risk-related elements of client guidelines, risk budgeting, addressing client inquiries, and responding to ad-hoc internal and external requests for risk analysis.
* Attend and participate in internal portfolio management and strategy review meetings to represent the risk management function and stay current on market developments, sector views and trading strategies.
* Contribute to the analysis of risk drivers, performance attribution, scenario analysis, and portfolio construction.
* Engage in asset allocation and risk optimization analysis to support product development initiatives.
* Assist in reviewing the risk-related elements of client guidelines to identify constraints that will influence portfolio construction, internal alpha targets, and risk budgets. Coordinate with client advisors to negotiate acceptable resolutions.
* Partner with Quantitative Modeling and Strategies (QMS) and the systems group to design, test, implement, and document enhancements to our proprietary internal risk analytics and systems. Communicate the impact of proposed changes on portfolio risk to the affected trading desks.
* Coordinate with associates in Investment Risk and QMS to prepare responses to due diligence questionnaires, requests for proposals, and ad-hoc inquiries from clients and prospects related to our Investment Risk Management Framework.
* Support the team with client and portfolio onboarding and ongoing account maintenance, coordinating as needed with Client Advisors, Client Onboarding, Compliance, Portfolio Analysts, and Portfolio Managers.
* Meet with clients and prospective clients to present our internal risk management framework and answer questions related to PGIM Credit’s risk management philosophy.
* Prepare documentation and presentation materials for internal and client use…