Analyst, Global Fixed Income | PGIM Investment Operations ( Hybrid​/Newark, NJ

Job Classification:
Investment Management - Investment OperationsA 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!

As an Analyst on the PGIM Fixed Income Bond Operations team, you will provide middle-office operational support across the global fixed income trade lifecycle. You will serve as a member of the Global Confirmations and Settlements team, helping maintain a strong control environment while supporting accurate and timely trade matching, confirmation, and settlement. You will partner closely with internal teams, custodian banks, broker-dealers, and other external counter parties.

In this role, you will build knowledge of fixed income products, international markets, global depositories, settlement practices, and the operational risks and controls that support 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.

• Provide daily operational and technical support for Global Confirmations and Settlements activity.
• Facilitate trade flow by ensuring transactions are matched on industry confirmation platforms, confirmed in internal trade systems, and settled in the market.
• Monitor daily trade-status reporting, including prematching, settlement exceptions, and failed trades.
• Research and resolve trade discrepancies, settlement fails, and claims in partnership with internal teams, custodians, and counter parties.
• Serve as a key liaison between the operations team and external custodian banks, broker-dealers, and other market participants.
• Support settlement activity across U.S. and international depositories, including DTCC, the Federal Reserve, Euroclear, Clearstream, and local market infrastructures.
• Identify and elevate issues that may affect the operational support of global and emerging-market products, and take timely action to reduce risk.
• Analyze activity and key operational metrics to identify trends, control gaps, and opportunities for improvement.
• Maintain departmental policies, procedures, and operating guidelines.
• Support local projects, system enhancements, and process-improvement initiatives that strengthen controls, reduce risk, and improve efficiency.
• Provide timely resolution of operational issues raised by critical business partners and communicate status clearly through closure.
• Build effective internal and external relationships to help ensure appropriate service levels for supported funds and portfolios.
• Stay current on industry initiatives, market developments, and settlement trends that may affect the operating model or create opportunities for improvement.

Bachelor’s degree or equivalent professional experience.

• 1 to 3 years of…