Collateral Management Analyst | PGIM Fixed Income

at  Prudential

A GLOBAL LEADING ASSET MANAGER 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 a Collateral Management Analyst you will be responsible for providing collateral management operational support to the PGIM Fixed Income business. Based in Letterkenny working on a hybrid basis, your new role will have a focus primarily on Futures Collateral processing, Collateral Reconciliation Processes, and Dispute Investigation and resolution. Responsibilities include reviewing daily FCM margin calls, performing position reconciliations, communicating on breaks with counterparties to drive resolution, as well as maintaining open dialogue with internal Operations teams (ex: Product Support, Confirmations, CODI).

What you can expect

• Daily monitoring of FCM margin calls, margin balances, and instructing daily variation margin movements
• Verify, place/respond, and instruct upon daily collateral margin calls, including substitutions. Research and resolution of disputed items.
• Reconciliation of collateral trade and position details against broker records
• Assuming ownership for any operational issues that are raised and providing resolution in a manner that is seamless regardless of which operational issues are impacted.
• Anticipating issues that may adversely affect the operational support of collateral processing and taking action to reduce the risk of such occurrences.
• Proactively seeking ways to improve current processes by leveraging the tools available.
• Cultivating both internal and external relationships to ensure proper service levels are achieved and maintained for each fund supported.
• Keeping abreast of industry initiatives and market trends that can impact our business model and/or offer opportunities to improve our processes.
• Develop an understanding of the fixed income trading business and share knowledge with operations teams to increase service levels.

What you will bring

• Degree in Economics, Finance or Business preferred.
• Proven ability to develop and cultivate relationships across all staff levels.
• Strong analytical and problem‐solving skills.
• Self‐motivated and able to work in a team environment.
• PC skills with strong knowledge of Excel and Outlook
• Able to multi‐task and absorb information across a broad spectrum of products.
• Able to organize and prioritize tasks, working in a deadline‐oriented environment.

What will set you apart?

• Knowledge of derivatives and/or other fixed income products and investment strategies preferred.
• Previous Operations experience preferred.
• 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

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
• Annual Leave of 23 days at full pay.
• Pension Scheme: Members of the scheme can contribute up to 6% of salary per annum and PGIM Ireland matches contributions up to 6% of salary. Members can also make voluntary contributions to the scheme.
• Annual Bonus Programme & Shop LK Vouchers: Along with an annual bonus employees are rewarded with Shop LK vouchers which are paid tax free.
• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.
• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

About PGIM – Global Asset Management
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.27 trillion in assets under management as of June 30th, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.
With a history dating back 148 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Our Commitment to Diversity, Equity, and Inclusion
Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.
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PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland’s aim is to hire the best people for the open roles and all appointments will be made on merit.
Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.
PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority

Please refer the Job description for details