Job Classification:
Investment Management - Investments
Prudential Private Capital: 2024 Investment Analyst Program
Location(s):
Newark, NJ (Hybrid)
PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.2 trillion in assets under management, and 47 offices spanning 20 countries, PGIM is among the worlds leading asset managers. Comprised of six self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firms ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect, and equality. Prudential is a Fully Inclusive Workplace: At Prudential, we value the unique perspectives and experiences of every individual, and we work hard ensure to Prudential is a welcoming and rewarding place to work for people of all identities and backgrounds.
Prudential Private Capital is the private capital investment arm of PGIM, the global investment management business Prudential Financial (of NYSE: PRU). Prudential Private Capital manages roughly $100 billion of private debt and equity investments in over 1,000 companies across the world. Click here to learn more about Prudential Private Capital.
Timeline:
We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruitment year. It is recommended that all applications be submitted in one sitting.
The spring application window will close on Friday, March 15th, 2024 at midnight ET or when role(s) have been filled, whichever comes first.
What You Can Expect:
Start your career with one of the worlds leading investment managers as part of our three-year Analyst Program. The Analyst Program provides structured training and a robust and challenging work experience. You will focus on making investments in middle-market companies in a team-oriented environment that values inclusion and work-life balance.
Challenging and interesting work we are one the largest investors in the private capital markets
On-the-job experience alongside formal and structured training (training will teach foundational principles as well more broad topics on how to better understand companies and industries, etc.)
Being a part of a large, vibrant, and diverse global cohort of Analysts
Direct, daily partnership with senior level investment professionals on small teams
Collaborative and collegial team environment where contributions have a major impact
Exposure to a range of industries including manufacturing, service, distribution, renewable power, and infrastructure
Direct exposure to senior executives at portfolio and prospect companies
A fast-paced learning environment and work-life balance
Your Day to Day:
Working on the CPW team, the Analyst will be part of a dedicated restructuring team responsible for managing over $1.0bn in assets originated from the regional office network that are experiencing financial distress. The team works closely with borrowers, other lenders, and external advisors to maximize economic recoveries and support companies seeking to implement operational improvements, shifts in business strategy, M&A, and/or new capital raises, which may be achieved through an out-of-court agreement orin-court process (such as Chapter 11 bankruptcy). The team also underwrites protective investments, opportunistically purchases distressed securities in the secondary market, and provides consultation services to the regional offices.
Responsibilities may include but are not limited to:
Conducting industry and company research
Creating financial models
Writing investment recommendations
Communicating with portfolio companies
Preparing marketing materials
Required Qualifications:
Candidates must be enrolled in an accredited bachelors program graduating between December 2023 and May 2024
Minimum 3.0 GPA required
Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
Excellent analytical and writing skills
Interest in investing
Our Application Process:
1. Submit your application.
2. If eligible, receive invitation for a digital interview; this includes answering pre-recorded interview questions with the business(es) that advance your application(s).
3. If advanced, receive invitation for final round interview(s); you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.
For 2024 early talent roles, our process is designed to help you learn more about Prudential/PGIM and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team.
Note: 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 $80,000 to $85,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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.
Prudential Financial, Inc. of the United States is not affiliated with Prudential...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity