Senior Associate, Investment Operations | Asset-Based Finance | PGIM Alternative Investments( Hybrid/ Newark, NJ)

Salary$130k – $160k
LocationNewark, NJ, USA
Work modehybrid
Typefull-time
SenioritySenior
Experience8+ yrs
DepartmentInvestment Operations
EquityIncluded
Company size10,000+ people
PostedOct 2, 2026 · 1w ago
Verified live14h ago
At a glanceSummarised by Seekless from the posting.
8+ years of progressive experience in Financial Services, with demonstrated experience in Investment Operations, Private Credit, Asset Based Finance, Residential Mortgage Loans, Restructuring, or related alternative investment products
3+ years of people leadership experience including performance management, coaching, employee development
Intermediate or Advanced skills with Microsoft Office Suite
Exceptional ability to evaluate complex issues, exercise sound judgement, influence outcomes, and make risk-based decisions while escalating material matters appropriately
Excellent leadership presence, communication, and stakeholder management skills with ability to influence across all levels
Ability to manage and prioritize multiple strategic priorities in a deadline driven environment, while fostering accountability, collaboration, and development of the team
Bachelors Degree in Finance, Accounting, Business, or related discipline preferred
Experience interpreting Credit Agreements and Purchase Agreements a plus
Experience working with Transfer Agents a plus
Experience settling Delayed Draw Term Loans (DDTL) and Revolvers and instructing/settling DWAC, DRS, FOP, and physical bonds or equities a plus
Experience with Aladdin/Aladdin Loan Manager or other loan servicing platforms a plus
Skills
Microsoft Office Suite
Aladdin
Aladdin Loan Manager
Order Management System
Benefits
Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Paid time off
Parental leave
Military leave
401(k)
Pension plan
Wellness program
Employee stock purchase plan
Education benefit
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!
What you will do
About the role
In this role, as a Senior Associate, you’ll lead a team responsible for supporting Asset Based Finance (ABF) and Residential Mortgage Whole Loan products. This role provides both operational and people leadership across key functions throughout the investment lifecycle, including deal onboarding, trade settlement, funding, asset servicing, and secondary market trading activities. The position requires close partnership with Portfolio Management, Deal Teams, Legal, Fund Management, counterparties, custodians, trustees, and agent banks to ensure the accurate and timely execution of transactions, effective risk management, and ongoing portfolio support. The successful candidate will drive operational excellence, strengthen controls, develop team talent, and support the continued growth and scalability of 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.
What you can expect
•
Lead, develop, and mentor a team of Investment Operations professionals, driving performance excellence, fostering career growth, and ensuring adherence to operational controls, policies, and risk management standards.
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Actively facilitate the deal execution process in coordination with deal team, counsel, fund management, and other internal and external stakeholders.
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Capture and maintain primary and secondary market trading activity within the Order Management System (OMS), ensuring accurate and timely IBOR positions and records.
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Manage end-to-end wire payment processes, ensuring efficient deal funding, settlement, and adherence to operational controls.
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Coordinate and execute private asset transfers.
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Manage daily production including cash forecasting and positioning.
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Work with internal and external stakeholders to research and resolve cash and position breaks.
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Prepare and distribute recurring and ad hoc reports to support business, operational, and management decision-making.
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Identify and implement process improvement and automation opportunities to increase operational efficiency, strengthen controls, and support business growth.
What you will bring
•
Bachelors Degree in Finance, Accounting, Business, or related discipline preferred. All majors considered.
•
8+ years of progressive experience in Financial Services, with demonstrated experience in Investment Operations, Private Credit, Asset Based Finance, Residential Mortgage Loans, Restructuring, or related alternative investment products.
•
3+ years of people leadership experience including performance management, coaching, employee development
•
Intermediate or Advanced skills with Microsoft Office Suite
•
Exceptional ability to evaluate complex issues, exercise sound judgement, influence outcomes, and make risk-based decisions while escalating material matters appropriately
•
Excellent leadership presence, communication, and stakeholder management skills with ability to influence across all levels
•
Ability to manage and prioritize multiple strategic priorities in a deadline driven environment, while fostering accountability, collaboration, and development of the team
What will set you apart?
•
Experience interpreting Credit Agreements and Purchase Agreements a plus
•
Experience working with Transfer Agents a plus
•
Experience settling Delayed Draw Term Loans (DDTL) and Revolvers and instructing/settling DWAC, DRS, FOP, and physical bonds or equities a plus
•
Experience with Aladdin/Aladdin Loan Manager or other loan servicing platforms a plus
*PGIM welcomes all applicants, even if you don’t meet every requirement. If your skills align with the role, we encourage you to apply.
Legal
Note: Prudential is required by state-specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $130,000 to $160,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
What we offer you:
•
Market competitive base salaries, with a yearly bonus potential at every level.
•
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
•
401(k) plan with company match (up to 4%).
•
Company-funded pension plan.
•
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
•
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
•
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
•
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
Hiring process
To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.
If you need an accommodation to complete the application process, please email [email protected].
If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.
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