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Prudential Ins Co of America PGIM Fixed Income – VP Securitized Products, ABF Structuring and Transaction Management (Hybrid/Newark, NJ) in Newark, New Jersey

Job Classification:
Investment Management - Investments
What you will do
As our clients needs evolve and our business continues to grow, we are creating a new role within PGIM Fixed Incomes Securitized Products team focused on ABF Structuring and Transaction Management. In this role, you will be responsible for overseeing and managing the end-to-end process of structuring and closing asset-based finance transactions. You will work very closely with internal investment teams and external stakeholders to ensure transactions are executed efficiently and in compliance with regulatory requirements.

The ideal candidate will have significant experience structuring and executing private transactions. Additionally, the candidate should have a strong background across a variety of asset-based sectors including, but not limited to, consumer credit, commercial lending, mortgage, fund finance, and private credit.
This position is performed in a hybrid manner with a mix of work performed from our office in Newark, NJ and remotely. Our organization follows a hybrid work structure where employees meet with their team in the office on set days of the week and can work remotely the remainder of the week. Working from the office is encouraged when working on tasks that require a high degree of collaborationand may be required during group specific events (Town Halls, etc.).
What you can expect
Manage the full lifecycle of asset-based finance transactions from initial client engagement to closing ensuring all steps are completed accurately and on time.
Design and develop innovative asset-based finance structures that meet client and borrower needs.
Work closely with numerous external parties including issuers, legal, rating agencies, and trustees to execute transactions.
What you will bring
Minimum of 7 years' work experience, preferably in investment banking, insurance or asset management.
At least 5 years of experience structuring and managing transaction lifecycle.
Significant experience in cashflow modeling and structuring across ABF sectors.
Experience across the various ABF collateral types (corporate credit, CRE, and asset-based finance) to assist the securitized product team structure the underlying asset cash flows to achieve long-term capital efficiency within vehicles for insurance clients.
Highly organized and attentive to details.
Excellent quantitative/analytical and written/verbal communication skills.
Excellent time and project management skills.
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
What we offer you
Medical, dental, vision, life insurance and PTO (Paid Time Off)
Retirement plans:401(k) plan with generous company match (up to 4%) andCompany-funded pension plan
Wellness Programs to help you achieve your wellbeing goals, 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 health, and career development.
Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers
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 $175,000 to $200,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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.
About PGIM Fixed Income
PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With over 1100 employees and $805bn assets under management (as of June 2024), the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Paris, Sydney,Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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