PGIM Quantitative Solutions (PQS) is looking for an associate to manage daily operations, process corporate events, and resolve trade discrepancies within their investment management business. This role aims to ensure the smooth and accurate functioning of trade processing and reconciliation, supporting the firm's quantitative investment strategies.
Requirements
- Proficient in MS Excel, with an ability to learn new systems
- Preferred knowledge of various AI platforms (Power BI, Co-Pilot, others)
- Basic Bloomberg knowledge
- Quantitative/Analytical skills
Responsibilities
- Day-to-day management of the trade processing workflow
- Review and resolve trade discrepancies with brokers and custodians, gain agreement on all trade details (financial info as well as settlement info)
- Confirm any necessary adjustments/corrections with Traders and process trade corrections as needed
- Ensure all trades are settled by market deadlines on settlement date, with particular emphasis on sensitive markets and short-settlement trades.
- Monitor all trade processing in our Trade Order Management system
- Post all cash adjustments and flows accurately and timely based on days cash package reconciliations.
- Monthly Nav reconciliations to Fund Accountant or Custodians
Other
- The associate will have daily contact with various operations groups within PGIM Quantitative Solutions (PQS), as well as the portfolio management team, client services and numerous other internal and external stakeholders.
- This role is within a group that is team oriented and the applicant will be expected to be able to work well within that dynamic.
- Build and maintain collaborative relationships with internal and external parties
- Follow-up on issues as related to assignments
- Assist with ad hoc projects
