Senior Investment Associate - Asset Based Finance

Responsibilities

• This position follows a hybrid work model, with working 3 days in the Newark, NJ office and 2 days remote.
• What you can expect
• Perform detailed credit analysis of borrowers, collateral pools, transaction structures, and counterparties.
• Build and/or maintain financial models, cash flow analyses, stress scenarios, and sensitivity analyses.
• Conduct industry and market research to support investment decisions.
• Assist in developing investment theses and recommendations.
• Support deal leaders in structuring private credit and asset-based finance transactions.
• Coordinate execution workstreams across internal and external stakeholders.
• Manage transaction timelines, deliverables, and closing processes to ensure efficient execution.
• Prepare investment memoranda, underwriting materials, and presentation decks for internal approval processes.
• Present transaction analyses and recommendations to investment committees and senior management.

Requirements

• Bachelor's degree in Finance, Economics, Accounting, or related field; advanced degree (MBA) or progress toward CFA is a plus
• 4+ years of relevant experience in private credit, leveraged finance, structured credit, investment banking, or related investing roles
• Strong credit underwriting skills with experience analyzing corporate borrowers, structured transactions, and/or asset-backed portfolios
• Demonstrated experience building and interpreting financial models, including cash flow analysis, scenario modeling, and downside stress cases
• Familiarity with private credit transaction structures and documentation; exposure to asset-based finance or securitized products is a plus
• Ability to evaluate complex deal structures, collateral pools, and legal frameworks with attention to detail
• Ability to manage multiple transactions and deadlines in a fast-paced environment
• Excellent written and verbal communication skills
• High level of intellectual curiosity, strong analytical mindset, and proactive problem-solving approach
• Collaborative team player with the ability to work effectively across internal teams and external partners
• *PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
• 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.
• What we offer you:
• Market competitive base salaries, with a yearly bonus potential at every level .
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave .
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
• Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headqua

Benefits

Additional Information

Job Classification: Investment Management - Investments

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