Investment Operations Associate | PGIM Private Capital

at  PGIM

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

Private Capital (PPC) Investment Operations team is looking for a Senior Investment Operations Associate. This position involves loan funding for PPC’s Corporate Finance business and interacting extensively with internal and external business partners to assist in facilitating deal closings. With a strong attention to detail, the successful candidate will need to be able to review closing documentation for accuracy as well as maintain organization across data entry systems to effectively capture trade details.
Annually our London, Paris, Frankfurt, Madrid, and Milan investment teams close more than 2.5 billion (USD Equivalent) in private credit transactions. This activity is the focus of the lending activities supported by the Manager. In addition, globally PPC manages ~$100 billion of assets and the staff on this team will be accountable for certain cash control, and reconciliation efforts across the global portfolio.

What you can expect

• Support wire and custody activity for the PPC Corporate Finance and Real Asset deal teams
• Serve as a control point for the Settlements Unit
• Partner effectively and efficiently with internal and external business partners, including Private Accounting, Deal Management, Internal and External Systems Teams, Corporate Banking, Third Party Clients, Asset Managers, and Pru Global Funding.
• Participate in UAT and report findings for internal system releases (Wire Database, ULTRA, TITAN, GTreasury/Kyriba, Loan Connect/Omnia)
• Wire Database - reviewing and processing wires generated from the Privates accounting system
• Participated wires - derived from asset transfers; internal cash moves for incoming principal and interest.
• Misdirected wires & overpayments - review wiring instructions and return funds in a timely manner
• Expense Payments - ensure that the appropriate expense supplemental forms used for year-end tax reporting is completed correctly.
• Foreign Currency Transactions
• Wires - straights, fx conversions, comp claims, fx swaps
• Daily cash matching of open payables/receivables and monitoring of bank account activity
• Liaison between Deal Teams/Legal and Operations
• Continuously seek to find process improvements to increase overall operational productivity and efficiency
• Documentum / Records Retention - ensure requirements are met

What you will bring

• Ideally you will have 2+ years experience in the banking and financial services industry
• Bachelor undergraduate degree (all subjects areas considered)
• Strong attention to detail
• Independent problem-solving skills
• High level of self-motivation
• Excellent communication and analytical skills
• Ability to multi-task during high volume periods
• Strong PC skills, including extensive knowledge of Microsoft Suite, specifically Excel

*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.