Location: Newark, NJ, USA
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
As an Associate Manager in the Management Reporting Analysis (MRA) group, you will support the firmwide Assets Under Management reporting process for PGIM and Prudential. You will help ensure that AUM and related financial data are complete, accurate, well-controlled, and delivered on time for senior management and key business partners.
This role provides broad exposure across PGIM’s investment businesses and offers the opportunity to develop expertise in investment reporting, data analysis, operational controls, and stakeholder management. You will collaborate with Finance, Compliance, Marketing, Client Management, Retirement, Technology, and investment teams across the organization.
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
- Assist with oversight of the monthly and quarterly AUM data collection, validation, reconciliation, and reporting of AUM data across investment strategies, products, and business units.
- Analyze AUM activity and asset flows, investigating period-over-period changes, data exceptions, and reporting discrepancies
- Review data submissions and supporting documentation to ensure accuracy, completeness, consistency, and adherence to established reporting standards.
- Partner with Finance, Compliance, Marketing, Client Management, Retirement, and investment teams to validate AUM data, resolve reporting discrepancies, and ensure accurate and timely reporting.
- Prepare recurring and ad hoc AUM reporting and analysis for senior management and other business stakeholders.
- Maintain effective controls, documentation, and review procedures supporting the integrity of AUM reporting.
- Review the work of junior team members and provide guidance, feedback, and quality oversight.
- Supervise and develop a small team of one to two employees, helping prioritize deliverables and maintain accountability during reporting cycles.
- Communicate process changes, data requirements, and reporting updates clearly to business partners and team members.
- Identify opportunities to streamline reporting, strengthen controls, improve data quality, and reduce manual processes.
- Support system enhancements, reporting initiatives, audit requests, and other special projects affecting AUM data and management reporting.
- Manage competing priorities and time-sensitive deliverables, including additional hours during peak monthly and quarterly reporting periods.
What you will bring
- Bachelor’s degree in finance, Accounting or related subject preferred.
- 4+ years of business experience in asset management, investment operations, financial reporting, management reporting, accounting, or data analytics.
- Strong analytical and problem-solving skills, with the ability to investigate data discrepancies and identify underlying causes.
- Strong attention to detail and a commitment to data accuracy, reporting integrity, and effective controls.
- Ability to interpret large data sets and translate findings into clear, actionable information for business stakeholders.
- Experience managing multiple recurring deliverables and meeting deadlines in a fast-paced, deadline-driven environment.
- Demonstrated leadership or supervisory experience, including reviewing work and supporting the development of junior team members.
- Strong written and verbal communication skills, with the ability to work effectively across investment, Finance, Compliance, Operations, and Technology teams.
- Advanced Microsoft Excel skills, including experience working with large data sets, formulas, pivot tables, lookups, and reconciliations.
- Working knowledge of investment products and structures, such as fixed income, equities, alternatives, separate accounts, and Real estate.
What will set you apart
Direct experience with AUM, client flow, investment, financial, or management reporting within an asset management or investment advisory organization.
Experience with data visualization or reporting tools such as Power BI or Tableau.
Familiarity with investment data platforms, reporting systems, or financial databases.
Experience documenting controls, supporting audits, or working within a controlled financial-reporting environment.
Exposure to reporting automation, data-quality initiatives, system enhancements, or process transformation.
Ability to recognize trends, outliers, and business drivers within investment and AUM data.
Experience communicating financial or investment data to senior management and non-technical stakeholders.
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
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 $100,000 to $115,000. 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.
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.
Job description provided by Prudential Financial.
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