What are the responsibilities and job description for the PGIM Private Credit, Investments Sr Director (New York) position at PGIM?
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!
What You Will Do
What We Offer You
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
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!
What You Will Do
- Lead a team responsible for originating, underwriting, and managing senior debt (IG/BIG), direct lending, mezzanine, and structured equity investments in the Northeastern region of the U.S.
- Originate new senior debt and junior capital investment opportunities, typically ranging in size from $20-300 million, across a broad range of industries and transaction types
- Structure complex and customized transactions and communicating investment recommendations to various investment committees
- Develop and maintain relationships with clients, prospects, sponsors, and intermediaries within the geographic territory
- Travel to networking events, conferences and in-person marketing meetings with a strong focus on direct prospect calling
- Work closely with in-house and outside counsel to structure, negotiate, and document loan agreements and process follow-on amendment requests
- Manage and develop your analysts and associates reporting into the New York office
- Work closely with the Managing Director to accomplish the objectives of the New York office and PGIM Private Capital overall
- Bachelor’s degree required
- 10 years of experience in the corporate finance industry
- Strong analytic and investment skills, along with a proven track record of making and managing debt investments
- Critical thinking, natural curiosity, and creative problem-solving skills
- Highly motivated with a business development/originations skillset and exceptional client relationship skills
- Familiarity with legal documents and underwriting
- Keen organizational skills and the ability to manage many activities at once
- Ability to distill and communicate complex issues clearly and concisely to a variety of decision makers and audiences
- Excellent presentation and communication skills, along with the ability to influence decisions both internally and externally
- Strong leadership abilities and valuable management skills, with a desire to lead, mentor, and develop team members
- Ability to travel is required
- A Master’s or CFA designation is preferred
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 headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Salary : $1,600