PGIM Fixed Income Operations - Associate Manager, Derivative Operations
Location:
Newark , New Jersey
Posted:
November 23, 2017
Reference:
7958167

Opportunity Awaits ?

Are you looking to grow your career within Operations and deepen your understanding of financial services products under the Asset Management umbrella? Are you looking to diversify your skill-set by expanding your quantitative skills with a growing organization? Our Fixed Income Operations team is seeking an Associate Manager in Derivative Operations who will be responsible for providing operational support and production oversight to the PGIM Fixed Income business for Futures, FX and Swap products. This includes providing support for trade confirmation and settlements functions as well as maintaining an open dialogue with Investment Teams, Custodian Banks and Broker Dealers.

 

Who are we?

PGIM Fixed Income maintains a collegial and supportive work environment that promotes and rewards individual contributions while placing equal importance on results of the larger team. Associates within PGIM Fixed Income share their insights, skills, and diverse perspectives with a talented team working toward common goals. We place high priority on maintaining a work environment that develops, motivates, rewards, and retains employees.  We offer a total rewards package that includes competitive pay, performance-based incentives, long-term savings opportunities, and just as important, support for life beyond work.

 

Our Operations team is a dynamic group that collaborates with all areas of Prudential; in turn creating a myriad of learning opportunities and a collaborative culture. Operations span all of our products and markets while we serve as an internal business partner to aid in processes and controls; as well as help improve our systems that deliver accuracy, efficiency, and the overall integrity to our business.  

 

Job responsibilities may include:

  • Daily support and oversight of FX confirmation/settlement processes
  • Analyzing data received from custodian and data vendor
  • Maintaining and assisting with onboarding/client request for information
  • Overseeing production output of staff as well as researching/resolving confirmation discrepancies and fails
  • Gathering and/or analyzing key metrics with regards to activity
  • Being the primary operations point of contact for FX related matters
  • Help staff solve problems and incorporate new processes to mitigate risks
  • Help develop departmental policies, guidelines and procedures
  • Anticipating issues that may adversely affect the operational support of all derivative products and taking action to reduce the risk of occurrences
  • Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies.
  • Cultivating both internal and external relationships to ensure proper service levels are achieved for each fund supported
  • Communicating operational support changes and initiatives to all impacted areas of PGIM
  • Keeping abreast of industry initiatives and market trends that can impact

A little about us:
Our support of the military includes providing civilian employment opportunities to transitioning service members and military spouses.

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