Log In
Sign Up
The PPA team is looking for a sharp and analytical individual to join the team as a Portfolio Management Sr. Analyst. You will be reporting to the Assistant Portfolio Manager and will be part of small team with broad responsibilities for the investment management of PPA client portfolios.
This position is based in Newark, NJ and will follow a hybrid schedule (3 days in office). 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. Working from the office is encouraged when working on tasks that require a high degree of collaboration.
What you can expect
- Support daily risk measurement of portfolio and benchmark risk positions
- Perform portfolio analytics including stress testing, return attribution, and rebalancing scenarios to optimize portfolio asset allocation and hedge positions
- Create market reports to track relative value across asset classes
- Generate client reports to highlight returns and risk exposure
- Track client cashflow forecasts to determine portfolio liquidation needs or cash available for investment
- Track compliance limits and monitor portfolios relative to established constraints; provide periodic client and internal reporting
- Construct asset class, sector, interest rate / ALM and liquidity limits
- Enter trade tickets for review by PMs to rebalance portfolios
- Participate in new deal pricing analysis to assess hedge needs and risk/ruturn tradeoffs
- Research and develop risk views across asset classes and sectors
- Analyze historical experience of credit sectors and developing long term default and recovery assumptions
- Work with PPA PM team and PGIM businesses in assessing new investment opportunities
- Support PM team in review and selection of external asset managers; performing ongoing due diligence
What you will bring
- Bachelor’s Degree or Equivalent in financial engineering, mathematics, computer science or other quantitative fields
- 1-4 years of direct experience in investment risk management and Asset Liability Management (ALM)
- Understanding of fixed income and alternative asset classes and risks
- Experience with derivatives and how to hedge complex portfolio and ALM risk
- Understanding of risk-return characteristics of asset classes including bonds, structured credit, equities, alternatives, and derivatives as well as liabilities including life insurance and annuities
- Knowledge of portfolio risk systems (e.g., Aladdin) and models
- Expertise in assessing risk exposures for portfolios supporting various insurance liabilities
- Quantitative background in financial modelling, data analytics, statistical methods, and programming
- Fluent in statistical techniques and data analytics
- Creative problem solver with focus on innovation
- Must be able to effectively partner with teams across PPA and PGIM asset managers
- Successful communicator with ability to develop reports and present them to clients and senior management
- Open-minded, innovative, strategic problem solver
Source: PGIM Real Estate Career Page
