Newark, NJ, USA
8 days ago
PGIM Fixed Income: VP Portfolio Strategist (Hybrid/Newark, NJ)

Job Classification:

Sales - Sales

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

This individual will be part of the PGIM Fixed Income (PFI) Retail and Sub advisory Team, which is responsible for the ongoing development and support of PFI retail and affiliated businesses.   Retail Management is also responsible for sourcing new business opportunities and servicing existing relationships with the Retail Investment market.  The team partners closely with PGIM Investments to ensure seamless investor service to clients predominantly allocated to pooled vehicles (Mutual Funds, ETFs) as well as sub-advisory relationships.

What you can expect

Become an internal expert on PFI fixed income strategies and global macro-economic outlook to communicate perspectives effectively and persuasively to clients and prospects.

Interact regularly with senior investment professionals and attend internal investment meetings to ensure deep and current understanding of PFI positioning and outlook.

Travel domestically with affiliated mutual fund regional coordinators to convey market perspectives and strategy insights to financial advisor clients/prospects across wirehouse, independent and RIA channels. 

Ensure internal partners are fully informed, trained, and supported on PFI managed products and capabilities.

Maintain thorough ongoing analysis of key PFI strategies to be used to position capabilities versus peers.

What you will bring

10 years+ Financial Services/investment management experience with specific client-facing experience as a Portfolio Strategist / Client Portfolio Manager.

Extensive experience in fixed income and a demonstrable ability to grasp and communicate fixed income concepts in a succinct and digestible manner

Strong presentation skills for both one-on-one and large audience formats which can help drive clients and prospects to action and strengthen and build relationships.

A deep understanding of investment processes including portfolio and risk management, and the ability to effectively convey key differentiators via both verbal and written communications.

An ability to effectively grasp important, value-added aspects of each strategy that will enable the candidate to successfully represent PFI’s capabilities to a sophisticated client/ prospect base.

Genuine team player with a collaborative style; able to build partnerships and relationships based on trust and credibility. Likewise, confidence and presence to work with senior executives.  

Strong understanding of the asset management industry and retail distribution.

Highly responsive, flexible and oriented toward meeting and exceeding the needs of clients and prospects. 

B.A or B.S. degree, MBA and CFA designation strongly preferred.

Series 7 and 63 required

Hybrid role which will require domestic travel as well time in our Newark office,

Approximately 50% domestic travel expectation.

*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%)

Company-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, Total Rewards Brochure

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 $205,000. 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 approximately 1000 employees and $821Bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, 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.  

The retail business within Prudential Fixed Income consists of over 95 mutual funds and variable insurance trusts, managed for Prudential affiliates and 3rd party relationships globally. Total retail assets under management at June 30, 2024 totaled approximately $170 Billion. PFI manages mutual funds domiciled and distributed in the US, Europe and Asia.

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 staffingagencies@prudential.com 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 accommodations.hw@prudential.com.

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 careers.technicalsupport@prudential.com to request assistance.

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