At a Glance
- Tasks: Support the CLO business by monitoring platforms and managing investor reports.
- Company: Join a global leader in asset management with a diverse and inclusive culture.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Make a meaningful impact in finance while growing your skills in a dynamic team.
- Qualifications: 4-5 years of experience in CLOs and strong analytical skills.
- Other info: Opportunity to shape the future of financial services in a supportive atmosphere.
The predicted salary is between 36000 - 60000 £ 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.
What you will do
The Associate Manager is responsible for providing support to the PGIM Public and Private Fixed Income CLO business.
What you can expect
- Monitor CLO platform and provide solutions to support trading desk by determining investment eligibility across funds.
- Review and analyze legal documents to provide accurate investor reporting and understand all underlying eligibility requirements.
- Support fund launches from an operational perspective from Pricing to Closing date, including review of Flow of Funds.
- Manage team’s monthly investor reports deliverables to ensure test, trading activity, and other deal trend accuracy.
- Oversight and ownership of all data attributes within the compliance application to provide optimal support to CLO Analysts and Portfolio Managers.
- Primary point of contact for activities performed by the CLO Business Management Team, specifically for monthly trustee reports.
- Reconcile holdings and 50+ data attributes between internal compliance application against the Trustee(s) data for his/her respective deal on a monthly basis.
- Calculate and verify quarterly distribution payments made to Dryden CLO investors.
- Reconcile and investigate cash discrepancies with trustees and internal/external operational teams.
- Test and validate new compliance model as per the CLO Indenture; provide feedback to vendor, if needed.
- Establish proper controls and create efficiencies to mitigate risk and improve processes.
- Manage internal relationships (Operations, Analysts, Portfolio Managers, Technology) and external members (Trustees and Investors) to ensure proper service levels are achieved.
- When required, perform Hypothetical Trade tests; manage process with internal Product Support team and Trustees daily.
- Develop an understanding of the Fixed Income trading business and use that knowledge to increase service levels.
What you will bring
4 to 5 years of Collateralized Loan Obligations (CLOs) and/or
Public Fixed Income | Associate Manager, CLO Business Management in London employer: Prudential Annuities Distributors (PAD)
Contact Detail:
Prudential Annuities Distributors (PAD) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Public Fixed Income | Associate Manager, CLO Business Management in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at PGIM. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by diving deep into CLOs and the fixed income market. Show us you know your stuff and can talk confidently about how you can contribute to the team.
✨Tip Number 3
Don’t just apply; engage with us on social media! Follow PGIM, comment on posts, and share relevant content. It shows your enthusiasm and helps you get noticed.
✨Tip Number 4
When you apply through our website, make sure to tailor your application to highlight your experience with compliance and data management. We love seeing how you can bring value to our team!
We think you need these skills to ace Public Fixed Income | Associate Manager, CLO Business Management in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Associate Manager in CLO Business Management. Highlight your experience with CLOs and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our mission at PGIM. We love seeing candidates who are excited about making a meaningful impact.
Showcase Your Analytical Skills: Since the role involves reviewing legal documents and managing data attributes, make sure to highlight your analytical skills in your application. We’re looking for someone who can dive deep into details and provide accurate reporting.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Prudential Annuities Distributors (PAD)
✨Know Your CLOs Inside Out
Make sure you brush up on your knowledge of Collateralized Loan Obligations (CLOs) before the interview. Understand the key concepts, recent trends, and how they impact the fixed income market. This will not only show your expertise but also your genuine interest in the role.
✨Prepare for Technical Questions
Expect to face technical questions related to compliance, data attributes, and investor reporting. Review relevant legal documents and be ready to discuss how you would approach tasks like reconciling holdings or managing monthly reports. Practising these scenarios can give you a solid edge.
✨Showcase Your Teamwork Skills
Since the role involves managing internal relationships with various teams, be prepared to share examples of how you've successfully collaborated in the past. Highlight your communication skills and how you’ve contributed to a positive team environment, as this aligns with their culture of respect and collaboration.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask thoughtful questions about the company’s approach to risk management or how they support professional development. This shows that you’re not just interested in the job, but also in how you can grow within the company and contribute to its mission.