The posting
Job Classification:
Corporate - Legal and Compliance
At Prudential, talent drives our vision. Join us to build an impactful career, grow your skills, and advance your profession at one of the world’s leading financial services institutions.
PGIM Credit, a division of PGIM Inc., an SEC-registered investment adviser and a business unit of Prudential Financial, Inc., is seeking a Compliance Analyst. With over $1 trillion in assets under management across fixed income and private credit strategies, PGIM Credit serves sub-advised mutual funds, CLOs, public retirement funds, Taft-Hartley plans, sovereign wealth funds, insurance companies, and other commingled and separate client accounts.
As a Compliance Analyst, you’ll take ownership of trade-surveillance investigations and provide proactive compliance guidance for the Fixed Income Trading and Securities Lending, Special Situations (workouts), and Asset Backed Financing investment teams. You’ll combine data analysis, fixed income trading knowledge, and sound judgment to assess activity, reach well-supported conclusions, and identify concerns requiring escalation.
Working closely with Portfolio Management, Operations, and Portfolio Analytics, you’ll gather context, ask thoughtful questions, and prepare analysis that informs senior Fixed Income leadership discussions. This collaborative, fast-paced role offers the opportunity to strengthen surveillance practices as business needs and regulatory expectations evolve.
This role is based in our office in Newark, NJ. Our organization follows a hybrid work structure where employees can work remotely and from the office, as needed, based on demands of specific tasks or personal work preferences. This position is hybrid and requires your on-site presence on a reoccurring weekly basis at least 3 days per week.
What you can expect:
- Support trade-surveillance investigations. Review alerts, exceptions, and outliers; investigate potentially concerning activity; and establish the circumstances behind flagged transactions.
- Partner with investment and operational teams. Engage Portfolio Management, Operations, and Portfolio Analytics to gather information and clarify trading decisions.
- Conduct substantive compliance analysis. Evaluate fair and equitable trade allocations, best execution, trading conflicts, front running, and cherry picking. Interpret surveillance results in the trading context, reach conclusions, and escalate concerns as appropriate.
- Prepare analysis for senior Fixed Income leadership. Produce reporting on significant findings and trends for senior leadership.
- Provide proactive compliance guidance. Review trade amendments, reallocations, and other matters raised by Operations and Portfolio Management; provide guidance or compliance approval, as appropriate. Advise on information barriers and regulatory matters.
- Strengthen surveillance through data and technology. Help manage, develop, and modernize the program. Partner with Technology to understand intended functionality, review outputs, and validate results against trading and compliance expectations.
- Maintain clear, defensible records. Document investigative steps, supporting evidence, assessments, escalations, and closures.
- Support broader compliance programs. Oversee proxy voting compliance programs and maintain policies and procedures that support evolving business needs and compliance objectives.
What you’ll need:
- 3+ years of compliance experience covering fixed income, with knowledge of fixed income trading strategies.
- Experience working with trading systems is required; Aladdin experience is strongly preferred.
- Strong analytical skills and proficiency in Excel, Power BI, and Tableau, with the ability to interpret data and draw actionable conclusions.
- Sound judgment and an understanding of business risks, the marketplace, and the regulatory environment.
- Confidence engaging investment professionals and business partners: ask probing questions, respectfully challenge explanations, and communicate compliance guidance clearly and constructively.
- Excellent written and verbal communication skills, including the ability to translate complex analysis into clear reporting for senior stakeholders.
- Strong attention to detail, organizational, time management, and process improvement skills; comfort managing competing deadlines, ambiguity, and evolving priorities.
- A collaborative approach and an understanding of the complexities and nuances of working in a global investment environment.
#LI-Hybrid #LI-LR1
What we offer you:
Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $82,500.00 to $136,100.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
- 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).
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.
To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.
If you need an accommodation to complete the application process, please email [email protected].
If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.
