At a Glance
- Tasks: Join a dynamic team managing over $1bn in assets and support companies through financial challenges.
- Company: PGIM Credit, a global leader in asset management with a diverse and inclusive culture.
- Benefits: Enjoy private medical insurance, generous annual leave, and a strong retirement savings plan.
- Other info: Be part of a collaborative team that values respect and innovation.
- Why this job: Make a real impact while developing your skills in a supportive environment.
- Qualifications: Relevant finance experience and a minimum 2:1 undergraduate degree required.
The predicted salary is between 54000 - 66000 £ per year.
A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE
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!
What you will do
- We are seeking a full time Analyst to join the Corporate & Projects Workouts (“CPW”) team in London.
- CPW is PGIM Credit’s dedicated restructuring team, managing over $1.0bn in assets that were originally underwritten by regional deal teams, but are now experiencing financial stress.
- The team works closely with borrowers, other lenders, and external advisors to maximize economic recoveries and support companies as they work through existing challenges.
- The team also underwrites protective investments if required and provides consultation services to the regional offices.
- With a footprint in Chicago, New York and London, the London team’s portfolio covers UK and European assets but works directly with the US based teams.
- As the underwriting side is industry agnostic, you will get exposure to a broad array of businesses and situations, from FTSE250 companies, to private family owned enterprises and mezzanine debt investments.
- The successful candidate will be a member of a small team in London, so your input and responsibilities will be meaningful from day one.
- Assess business and financial strategy for portfolio companies.
- Carry out financial analysis and modelling, including manual valuations.
- Complete written memos for internal approval and monitoring purposes.
- Coordinate with external parties effectively, whether senior management teams of portfolio companies, external lawyers or financial advisors.
- Review supporting information and analysis for live restructurings.
- Ongoing monitoring requirements for portfolio companies.
What you can expect
- Assess business and financial strategy for portfolio companies.
- Carry out financial analysis and modelling, including manual valuations.
- Complete written memos for internal approval and monitoring purposes.
- Coordinate with external parties effectively, whether senior management teams of portfolio companies, external lawyers or financial advisors.
- Review supporting information and analysis for live restructurings.
- Ongoing monitoring requirements for portfolio companies.
What you will bring
- Relevant experience in finance, restructuring, private credit underwriting, investment banking, commercial banking or asset management.
- Direct restructuring experience beneficial, but not required.
- Minimum 2:1 undergraduate degree (all subjects areas considered).
- Excellent analytical and accounting skills.
- Strong writing, interpersonal and communication skills.
- Familiarity with the capital markets.
- A self-starter with the ability to manage multiple work streams and prioritize effectively, often under time pressure.
- Strong work ethic and flexibility – our team is split across times zones, so a willingness to manage this and meet the expectations of the role that come with this, is essential.
- Participation in the Chartered Financial Analysts® (CFA) program is a plus.
*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.
What we offer you
- Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.
- Annual Leave of 25 to 28 days, based on years of service, at full pay.
- Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.
- Life Assurance & Income Protection: Life Assurance for 8 times your basic annual salary, up to a max benefit of £1.8million. 75% of your basic annual salary for a limited payment terms of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.
About PGIM Credit
PGIM Credit is a global asset manager offering active solutions across all credit markets. Our business climate is a safe inclusive environment, centred around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.
Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it.
At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.
Our Commitment to Diversity, Equity, and Inclusion
Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We do not just accept difference—we celebrate it, support it, and thrive on it.
We are a Disability Confident Level 1 Employer, committed to creating an inclusive and accessible workplace for disabled people. If you require workplace adjustments to the hiring process, please discuss those with your recruiter directly.
PGIM Credit | Investment Analyst, Corporate & Projects Workouts in London employer: Prudential Annuities Distributors (PAD)
Prudential Annuities Distributors (PAD) is an excellent employer, offering a supportive work culture that values collaboration and proactive engagement. Located in the vibrant city of London, employees benefit from comprehensive perks such as private medical insurance, generous annual leave, and a robust retirement savings plan, all while being part of a dynamic team dedicated to professional growth and development.
Contact Details:
Prudential Annuities Distributors (PAD) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land PGIM Credit | Investment Analyst, Corporate & Projects Workouts in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace PGIM Credit | Investment Analyst, Corporate & Projects Workouts in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Prudential Annuities Distributors (PAD).
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Prudential Annuities Distributors (PAD)'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Prudential Annuities Distributors (PAD)
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Prudential Annuities Distributors (PAD).
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Prudential Annuities Distributors (PAD) will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Prudential Annuities Distributors (PAD) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.