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Managing Director, PGIM Credit, Head of Quantitative Modeling and Strategy

External
pru logoPru · Newark, NJ
Part-timeOn-siteToday
ClassificationData AnalysisLeadershipMentoringRisk Management
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Responsibilities

  • What you can expect
  • Manage and lead a global team of quantitative professionals.
  • Engage with desk heads and portfolio/risk managers to understand business requirements.
  • Provide thought leadership in portfolio construction and risk management.
  • Lead the design of analytical solutions to meet business needs in a fixed income asset management environment.
  • Develop a deep understanding of fixed income pricing models, curve fitting models, and structured solutions models.

Requirements

  • 15+ years of experience in fixed income quantitative research (buy-side preferred).
  • An advanced degree (PhD preferred) in a quantitative field (e.g., science, mathematics, finance, or engineering).
  • Strong management experience leading teams of both senior and junior professionals, with a proven track record of developing and mentoring others.
  • Ability to think both strategically and tactically while proactively managing a diverse team.
  • An entrepreneurial spirit with a hands-on management style, capable of building upon existing quantitative research capabilities and infrastructure.
  • Ability to work closely with desk heads and portfolio managers, building strong relationships while maintaining intellectual independence.
  • Proven experience leading the design of analytical solutions in a fixed income asset management environment.
  • Ability to communicate complex concepts clearly, concisely, and logically.
  • Familiarity with technology, data, and programming, and their impact on modelling approaches.
  • Significant experience in portfolio construction models and/or systematic strategies, as well as risk management modelling in a fixed income context.
  • Experience with at least three relevant asset classes, including but not limited to: interest rate products, futures, FX derivatives, investment grade (IG) and high yield (HY) corporates, CDX, TRS, MBS, CLOs, CMBS, ABS, and private credit.
  • Comfortable engaging with clients as a thought leader in global public and private fixed income investing.
  • 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.

Benefits

Health insuranceDental insuranceVision insurance401(k)Paid time offEquity / stock optionsPerformance bonusParental leave

Additional Information

Job Classification: Investment Management - Investments A GLOBAL FIRM 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!


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