Pgim: 2024 Fixed Income, Summer Investment Analyst Program (Portfolio Analysis Group)

Job Classification:

Investment Management - Investments

PGIM : 202 4 Fixed Income , Summer Investment Analyst Program (Portfolio Analysis Group )

Location:

Newark, NJ (Hybrid)

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of March 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better by creating financial opportunity for more people by expanding access to investing, insurance, and retirement security.

PGIM Fixed Income falls under PGIM, which is the asset management arm of Prudential Financial. PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, NJ, London, Amsterdam, Singapore, Letterkenny, Munich, Zurich, Hong Kong, and Tokyo. As of March 31, 2023, the PGIM Fixed Income has $793 billion of assets under management including $359 billion in institutional assets, $170 billion in retail assets, and $264 billion in proprietary assets. Over 1000 institutional clients have entrusted PGIM Fixed Income with their assets .

Timeline:

The internship program will run from Monday, June 3 rd , 2024 , to Friday, Augus t 9 th , 202 4 .

We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruit ment year . It is recommended that a ll applications be submitted in one sitting .

The fall application window will close on Friday, October 27 th , 202 3 , at midnight E T or when role(s) have been filled, whichever comes first.

Your Day to Day:

During your 10-week summer internship within our Portfolio Analysis Group (PAG), you’ll be assigned impactful day - to - day work and projects. Examples of work our PAG Analysts focus on include:

• The Analyst in the Portfolio Analysis Group (PAG) evaluates portfolio positioning with respect to risk exposures and alpha objectives , provides portfolio construction and alignment insight, and analyzes performance drivers across a multitude of investment products and processes to deliver performance attribution.
• The analyst collaborates and works closely with other teams, including Senior PAG Analysts, Portfolio Managers, Traders, Risk Managers, the Quantitative Team, Credit Research, Client Advisory, and Sales and Marketing to ensure the Portfolio Management team has the tools and technology required to effectively manage portfolios.
• Utilizing a variety of analytical tools, the analyst integrates specific client guidelines, objectives , and risk tolerances into the firm’s investment process to ensure complete portfolio management and analytics are in place.
• The analyst also navigates multiple ad hoc requests and projects that relate to market or portfolio analytics received from all parts of the larger Fixed Income Organization. The analyst partners closely with peers throughout Fixed income to build organizational capabilities .

Required Qualifications :

• Minimum 3.0 GPA
• Candidates must be enrolled in an accredited bachelor’s program graduating between December 2024 and May 2025
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
• Experience with Microsoft Office Suite (Excel, Word, PowerPoint , etc. )

Preferred Qualifications:

• Operations Research, Information/Financial Engineering, Mathematics, Statistics, Finance, or Economics , but all majors considered
• Experience with Bloomberg, and other technical data analysis / modeling tools desirable
• Preferred m ajors:

Our Application Process:

• Submit your application.
• If advanced, r eceive invitation for final round interview (s) ; you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.
• If eligible, r eceive invitation for a digital interview ; this includes answering pre-recorded interview questions with the business(es) that advanc e your application(s).

For 202 4 early talent roles, our process is designed to help you learn more about Prudential /PGIM and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team.

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 to learn more about our values, our history and our brand.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:

If you need an accommodation to complete the application process, which may include an assessment, please email [email protected] .

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.