PGIM
PGIM: Residential Mortgage Loan (RML) Transaction Management Associate (Hybrid/Newark, NJ)
Newark, NJ, USA · Part-time
Sponsorship not specified$120k-$135kDetected 32 days ago
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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 position follows a hybrid work model, with working 3 days in the Newark, NJ office and 2 days remote.
Responsibilities
- Manage the full lifecycle of residential mortgage whole loan transactions, from trade confirmation through funding and trailing documents
- Review and validate trade confirmations, prepare trade allocation recommendations, and funding schedules to ensure alignment with executed terms
- Track and resolve trade breaks, funding discrepancies, settlement issues and trailing documents
- Bailee, Collateral & Trailing Document Management
- Manage trailing document pipelines, including follow-ups, exception tracking, aging analysis, and resolution
- Partner with custodians and other vendors to ensure timely final certification
- Maintain accurate documentation status across internal systems and reporting tools
- Support onboarding of loans to servicers and loan management platforms
- Perform oversight of monthly remittance and cash flow reconciliations across principal, interest, fees, and advances
- Validate servicer reporting against expected cash flow models and deal terms
Requirements
- What you can expect
Compensation
- Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations.
Benefits
- 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 on 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.
Company info
- We are seeking a highly detail-oriented Residential Mortgage Loan (RML) Transaction Management Associate to support the end-to-end execution of whole loan residential mortgage acquisitions, from trade confirmation through funding, closing, collateral delivery, and post-close trailing documentation.
- 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.
Equal opportunity
- equal opportunity employer.
- If you need an accommodation to complete the
This listing is sourced directly from PGIM's careers page and normalized into a canonical job model.