As an Investment Operations Associate, you will support a variety of operational processes that are critical to the firm’s derivatives activities. Responsibilities may include:
Cash Management
• Support the processing and monitoring of domestic and international wire transfers for Prudential Global Funding.
• Perform daily cash reconciliations and assist with cash forecasting activities.
• Process derivative-related payments, including USD and foreign cash flows.
• Research and resolve settlement exceptions and payment discrepancies.
Market Data & Valuation Support
• Maintain market data used to support the pricing and valuation of derivative instruments.
• Assist with the monitoring and validation of market data inputs including interest rates, foreign exchange rates and volatility curves.
• Support the integrity and accuracy of data maintained within investment systems.
Collateral Management
• Monitor counterparty exposures associated with derivative portfolios.
• Support daily variation margin and initial margin processes for cleared and bilateral OTC derivatives.
• Investigate collateral discrepancies, perform reconciliations, and assist with dispute resolution activities.
• Coordinate collateral movements and maintain accurate collateral records.
Trade Support
• Review and maintain derivative trade records throughout the trade lifecycle.
• Verify trade economics and key transaction details within investment systems.
• Assist in resolving settlement failures and trade-related exceptions.
• Respond to ad hoc requests from internal business partners and management.
Process Improvement & Project Participation
• Participate in operational enhancement initiatives designed to improve efficiency, reduce risk, and strengthen controls.
• Contribute to automation, process improvement, and data quality initiatives.
• Support cross-functional projects that provide exposure to different areas of the investment organization.