Prudential Financial

PGIM - Director, Investment Risk

Newark, NJ, USA · Director · Part-time

Sponsorship not specified$170k-$180kDetected 8 days ago

PythonSQLData AnalysisProject ManagementBudgetingExcelRecruitingCommunicationCFA

About the role

We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
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!
This is a unique opportunity to contribute to a best-in-class risk framework within a dynamic and team-oriented environment.

Our Investment Risk Management team plays a critical role in overseeing risk positioning across more than 600 client portfolios, partnering closely with investment professionals to deliver disciplined, data-driven decision-making.
Provide independent support to all aspects of the risk management function, including daily oversight of portfolio risk positioning, engagement with portfolio managers to address risk issues, review and sign-off of risk-related elements of client guidelines, risk budgeting, addressing client inquiries, and responding to ad-hoc internal and external requests for risk analysis.
Engage in asset allocation and risk optimization analysis to support product development initiatives.
Partner with Quantitative Modeling and Strategies (QMS) and the systems group to design, test, implement, and document enhancements to our proprietary internal risk analytics and systems.
Support the team with client and portfolio onboarding and ongoing account maintenance, coordinating as needed with Client Advisors, Client Onboarding, Compliance, Portfolio Analysts, and Portfolio Managers.
Exceptional organizational and project management skills, with the ability to manage multiple and at times competing priorities within defined timelines, both independently and in a team setting.

Extensive experience with MS Excel, Python, SQL and other data analysis or modeling tools with the ability to work effectively with large datasets.
Strong interpersonal skills and experience with interacting with senior management, investment professionals and clients
What you can expect:

Minimum of 7 years of relevant experience, ideally in investment risk, portfolio analytics, or fixed income investing, with direct exposure to portfolio construction, positioning, and risk management
Bachelor's degree, preferably with concentration(s) in Finance, Economics, Mathematics, Business, Data Analytics or Engineering.
Demonstrated competence with statistical, quantitative and technical aspects of fixed income markets.
Experience with at least three relevant
Buy-side fixed income experience working directly with portfolios strongly preferred
Master's degree, CFA, or other graduate-level credential (or progress toward one)

Contribute to the analysis of risk drivers, performance attribution, scenario analysis, and portfolio construction.

Prudential is required by state-specific laws to include the salary range for this role when hiring a resident in applicable locations.
The base salary range for this role is from $170,000 to $180,000.
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.

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.
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.
We also believe talent is key to achieving our vision and are intentional about building a culture with respect and collaboration.
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.

As part of a highly collaborative and technically sophisticated team, you will work at the intersection of portfolio management, trading, and quantitative analytics.
The group is responsible for shaping and monitoring risk budgets, advising on portfolio positioning, and continuously enhancing PGIM Credit's proprietary risk platform.
We are seeking a strategic and detail-oriented Investment Risk professional who thrives in a fast-paced setting and is passionate about applying quantitative insights to real-world portfolio management challenges.
What will set you apart:
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.

This listing is sourced directly from Prudential Financial's careers page and normalized into a canonical job model.