Senior Investment Associate – Multi-Asset Research (Hybrid) at Prudential Financial
A Global Firm with a Diverse & Inclusive Culture
Join PGIM, the Global Asset Management business of Prudential, where we strive to improve financial services. Our team is passionate about making a meaningful impact, solving financial challenges, and touching the lives of millions in an ever-changing world. Respect and collaboration are at the core of our culture, enabling talent to thrive.
If you're a visionary ready to challenge the status quo, join our dedicated team that invests in the future by shaping tomorrow today. At PGIM, You Can!
What You Will Do
PGIM Quantitative Solutions is searching for a Senior Investment Associate to join their Multi-Asset Research Team. The successful candidate will be instrumental in conducting quantitative investment research to support Multi-Asset investment strategies. You will report directly to the Director of Multi-Asset Research.
Primary Responsibilities:
- Conduct original quantitative research on topics such as tactical allocation across asset classes and long/short absolute return alpha research within an asset class.
- Analyze and digest the latest academic research.
- Manage the research process, including idea generation, data collection, hypothesis development and testing, back-testing, portfolio analysis, and implementation.
- Provide additional research and organizational support as needed.
What You Will Bring
Qualifications:
- Graduate degree in finance, economics, mathematics, or statistics (Ph.D. preferred).
- 2-5 years of experience in quantitative research within a multi-asset allocation, global macro, or equity investment group.
- Proficiency in linking macroeconomic and fundamental data with financial data for asset pricing models.
- Strong knowledge of financial economic theory, including asset pricing, portfolio theory, factor risk models, and econometric/statistical models.
- Experience in programming with MATLAB or Python and a working knowledge of SQL.
- Ability to work independently and collaboratively, solve problems creatively, and deliver high-quality results promptly.
- Strong communication skills for conveying ideas to internal and external audiences.
Preferred Skills:
- Knowledge of machine learning, artificial intelligence, and natural language processing.
- Flexibility in research topics and priorities.
- Ph.D. in finance, economics, mathematics, statistics, or a related discipline.
What We Offer
PGIM believes in the Power of a Hybrid work arrangement, allowing flexibility to work from home while benefiting from in-person networking and career development. This position offers a hybrid schedule in our Newark, NJ office.
Our Total Rewards package includes:
- Medical, dental, vision, life insurance, and Paid Time Off (PTO).
- Retirement plans, including a 401(k) plan with generous company match (up to 4%) and a company-funded pension plan.
- Wellness Programs with up to $1,600 per year for personal wellbeing needs.
- Work/Life Resources for support in parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.
- Tuition Assistance for traditional college enrollment, approved degrees, accredited certificate programs, and industry designations.
For more details about our Total Rewards, visit .
Note: Prudential complies with state-specific laws on salary disclosure. The base salary range for this role is $150,000 to $190,000. Compensation may vary based on location, experience, and skills. The role may also be eligible for additional compensation and benefits, including a discretionary annual incentive program.
About PGIM Quantitative Solutions Group
PGIM Quantitative Solutions leverages technology and advanced academic research for over 45 years, helping investors worldwide. Managing portfolios across equities, multi-asset, and liquid alternatives, we offer defined contribution solutions. For more information, visit .
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