Job Classification:
Product Management - Product ManagementA 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
We are seeking a Structuring Associate to join our Product Development Team. Our team manages the product development lifecycle and plays a critical role in creating, structuring, and delivering innovative investment strategies (public and private) to global investors across all channels (including retail, institutional, insurance, US, and Non-US).
This role will be at the forefront of structuring, oversight, and rating agency engagement for rated feeders and other structured products, including collateralized fund obligations and multi-asset class initiatives. The position will have the opportunity to shape the future of PGIM’s structured products offered to our private credit investors as well as work alongside industry
Prior hands-on experience from an investment bank, rating agency or private credit manager is preferred, specifically with respect to structuring private credit vehicles, and possessing a strong understanding of the direct lending and broader private credit landscape.
What you can expect
Lead the structuring, launch, and monitoring of rated feeder vehicles and other innovative structured products, such as collateralized fund obligations and multi-asset class solutions.
Manage and maintain relationships with rating agencies, structuring advisors, counsel, and/or investors ensuring timely and accurate engagement throughout product lifecycle.
Provide oversight of product structuring processes, from initial design through execution and ongoing management.
Support due diligence, documentation, and marketing efforts related to structured product launches.
Collaborate closely across PGIM’s cross-functional teams (investment teams, portfolio management, legal, compliance, operations, and distribution) to ensure seamless delivery and execution.
Monitor market trends and regulatory developments in private/public credit and structured products to inform product strategy and design.
Maintain technical expertise and understanding of regulatory, legal and tax frameworks, proactively considering the implications on new and existing products and responses to changing requirements.
Help serve as a subject matter expert on structured products for internal and external stakeholders, advising on best practices and innovation.
What you will bring
3–5 years of relevant experience; preferably in investment banking with a focus on structuring advisory for private credit managers or related experience in asset management.
Strong understanding of the private and public credit markets and vehicle structures.
Proven experience with rated feeders, collateralized fund obligations, and/or multi-asset class structured products.
Capacity to handle multiple projects simultaneously; strong execution and follow-through skills in a fast-paced environment.
Self-starter with excellent analytical, communication, organizational, and problem-solving skills.
Team-player with the ability to work collaboratively and cross-functionally within a dynamic team environment.
Strong attention to detail and commitment to delivering high-quality results.
Proficient in full Microsoft suite and financial modeling
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The annual base salary range for this role is from $110,000 to $130,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also eligible for additional compensation and/or benefits including a competitive, discretionary annual cash bonus opportunity. Eligibility to participate in the discretionary annual incentive programs are 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.
401(k) plan with company match (up to 4%).
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.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
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. 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.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.