- Entry level
- No Education
- Salary to negotiate
PGIM Institutional Advisory & Solutions Vice President-PGI0008V
PGIM is the global investment management business of Prudential Financial Inc. and a top 10 global asset manager with over $1 trillion in assets under management. Our distinct multi-manager model delivers a broad suite of actively-managed solutions in the areas of public and private fixed income, equities and real estate to serve our clients’ needs. Built on a foundation of strength and stability, our expertise in investments across asset classes and risk management helps achieve superior long-term performance for our clients. To learn more about PGIM, please visit: www.pgim.com
The PGIM Institutional Advisory & Solutions (IAS) Group provides U.S. and global, institutional clients with tailored, multi-asset class advice on a variety of allocation, risk management and thought-leadership topics. Working closely with CIOs, portfolio managers, researchers and key client service professionals across PGIM and Prudential, we address our client's most pressing portfolio-level issues.
IAS is looking for a Vice President that shares our consistent drive for success in Multi-Sector Portfolio Research. This is a rare role where you will be involved in both active interactions with large global institutional investors and you will have opportunities to present your research findings within PGIM and to the broader financial community
You will lead client-directed portfolio research projects, the development of portfolio construction methodologies, and the study of asset class risk and return characteristics. You will be responsible for responding to client multi-sector investment needs and requests, developing methodologies to pursue client investment objectives, crafting and performing simulations, and formulating and conducting research projects. Much of the research is conducted on a confidential basis for clients, but some may be shared more broadly in conference presentations and PGIM publications.
Partnering with the IAS team to carry out the Group’s research program;
Modeling the expected returns of traditional and alternative assets, including their linkages between each other and with macroeconomic and market factors;
Designing and implementing research projects;
Collaborating with senior members to build and maintain long-term capital market assumptions, using the methodologies and insights of PGIM affiliates; and
Producing written research reports and client presentations.
3-5 years of experience in investment management, depending on education level (see below), with a focus on portfolio modeling and asset class (fixed income, equity, commodity and currency) level research;
Knowledge of private equity, debt and real estate markets is a plus;
An ability to utilize large data sets in a highly reliable, organized and timely manner;
A deep understanding of statistical methods (i.e., regression and time series analysis), risk modeling, optimization and simulation methodologies;
Experience using Matlab, Python or other programming languages;
Good understanding of portfolio and finance theory;
Proven ability to formulate and conduct research projects;
Experience supervising junior analysts;
A demonstrated ability to express ideas clearly and effectively, both in writing and orally;
Proven ability to write research reports and be responsible for presentations to clients and industry conferences;
Minimum Bachelor’s degree in a quantitative discipline (e.g., economics, finance, computational finance, and applied mathematics) and 5 years of experience; or
Minimum Master’s degree in a quantitative discipline (e.g., economics, finance, computational finance, and applied mathematics) and 3 years of experience. A PhD is a plus.
Minimum 2 years of experience solving institutional portfolio problems including asset allocation and optimization and presenting results to clients; and
Progress toward the CFA designation is useful.
LEADERSHIP, TEAMWORK AND COMMUNICATION ABILITIES:
An ability and willingness to work with others, often under time pressure;
Strong investment and financial markets intuition;
A creative thinker who can suggest alternative research solutions and ideas, and
A self-starter, someone who can work productively without constant supervision.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America.
About the company
For over 140 years, Prudential Financial (NYSE:PRU) has helped people grow and protect their wealth. We offer individual and institutional clients a wide array of financial products and services. Today, we are one of the world’s largest financial services institutions. We have over $1 trillion of assets under management as of March 31st, 2017, and approximately $3.7 trillion of gross life insurance in force worldwide as of Dec. 31, 2016. We have operations in the United States, Asia, Europe and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock® , an icon of strength, stability, expertise and innovation. We measure our long-term success on our ability to deliver value for shareholders, meet customer needs, attract and develop the best talent in our industry, offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work. (Pru.us/disclaimer)