Associate, Derivatives Trade Operations - PGIM Investment Operations Newark, NJ

Title:

Associate, Derivatives Trade Operations | PGIM Investment Operations ( Hybrid/ Newark, NJ)

Location:

Newark United States

Full time

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!

In this role, you’ll support the accurate and efficient execution of the derivative trade lifecycle, supporting investment teams, clients, and counter parties through trade validation, settlement, collateral management, and operational oversight. By maintaining strong controls, resolving exceptions, and driving process improvements, the role contributes to operational excellence, risk mitigation, and the integrity of investment operations across complex derivative products.

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.

• Support the end-to-end operational lifecycle of derivative products, including trade validation, confirmations, settlements, clearing, lifecycle events, and exception management.
• Validate and maintain derivative trade activity in Aladdin and related platforms, ensuring accurate books and records, positions, and downstream operational data.
• Process and monitor derivative settlements, collateral movements, margin activity, cash interest, and related payment workflows in accordance with established controls.
• Perform daily reconciliations with executing brokers, clearing brokers, custodians, and internal systems to identify, research, and resolve trade, cash, position, and commission breaks.
• Partner with internal teams and external counter parties to resolve operational exceptions, settlement issues, collateral disputes, and trade lifecycle inquiries.
• Maintain strong operational controls by following documented procedures, completing daily checklists, escalating issues timely, and supporting audit or risk management requests.
• Prepare recurring and ad hoc reporting related to derivative activity, reconciliations, exceptions, fails, and operational performance metrics.
• Identify opportunities to improve workflows, increase automation, reduce manual touchpoints, and strengthen scalability across derivative operations processes.

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related field preferred; all majors considered.
• 4–7 years of experience in investment operations, trade support, settlements, collateral management, derivatives operations, or a related financial services environment.
• Knowledge of post-trade operational processes, including trade support, settlements, reconciliations, cash processing, and operational controls.
• Strong analytical and problem-solving skills…