PGIM: Private Credit Investment Analyst/Senior Analyst (Hybrid/Newark, NJ)

About the position 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! The Private Credit Investment Analyst will support the Large Cap Private Credit strategy for both PGIM and external clients. The Analyst will be assigned to work with a senior credit research member on the Large Cap Private Credit Team. The Analyst works closely with a senior team members to perform fundamental investment analysis, define value within issuer capital structures and industry sectors, as well as communicate investment recommendations to Portfolio Managers and the Large Cap Private Capital Investment Committee. The fundamental credit investment research conducted by the Analyst is an integral component of the portfolio construction process and the ongoing monitoring of investments. The Analyst role involves regular interaction with the management of issuing companies, industry experts, and external counterparts including advisors, banks and private equity funds. Analysts benefit from collaboration with both Public and Private investment professionals within PGIM. The Analyst role offers growing responsibility as the Analyst’s experience grows. This role is a hybrid work arrangement requiring working in our Newark, NJ office 3 days a week.

Responsibilities

• Support the underwriting team with financial statement analysis, modeling, forecasting and sensitivity analysis
• Providing and presenting earnings on portfolio companies
• Industry data collection and trend analysis
• Business and financial strategy assessments
• Presenting investments to Portfolio Managers and Investment Committee members
• Monitoring of market movements through daily meetings with portfolio managers, economists, and strategists
• Keep abreast of industry initiatives and market trends that impact the business
• Provide support for deal transaction process including execution oversight and valuation analysis

Requirements

• Bachelor’s Degree Required: Majors preferred include Finance, Accounting, and/or Economics, and a minimum GPA of 3.0
• Minimum of 1 year of relevant internship/work experience in direct lending or private credit preferred.
• One year credit research experience preferred
• Strong analytical, leadership, problem-solving skills and organizational skills
• Strong written, oral communication, and interpersonal skills
• Proficient in MS Office applications (Excel, Word, PowerPoint)
• Financial modelling skills preferred

Nice-to-haves

• CFA Preferred

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
• 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.