Manager, Compliance - PGIM Public and Private Fixed Income (Hybrid)

PGIM • Newark, NJ

11d • Hybrid

About The Position

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions! PGIM Public and Private Fixed Income, a division of PGIM Inc., an SEC-registered investment adviser and a business unit of Prudential Financial, Inc. is seeking a Compliance Manager. PGIM Public and Private Fixed Income has over $1 trillion in assets under management across a broad array of fixed income strategies and has a strong commitment to its customers, which includes sub-advised mutual funds, CLOs, public retirement funds, Taft-Hartley plans, sovereign wealth funds, insurance companies, among other commingled and separate client accounts. The Compliance Manager role supports the Fixed Income Trading, Private Credit, Securities Lending, Special Situations (i.e., workouts), and Asset Backed Financing investment teams. This is a challenging, fast-paced, and deadline-driven environment, which requires extensive experience in the fundamentals of fixed income trading strategies, and collaboration with the investment teams and senior stakeholders. The candidate must have excellent interpersonal and time management skills. The Compliance Manager will interact on a regular basis with portfolio managers, operations, and senior stakeholders to advise on trading, information barriers and regulatory matters. Additionally, the Compliance Manager will be responsible for managing a team that is responsible for trade surveillance, addressing inquiries on trading strategies and conflicts in a fast-paced trading environment. The Compliance Manager will operate in a team environment and foster collaboration and professional growth. The scope and responsibilities of this role will be dynamic to support evolving business models, compliance objectives, the regulatory landscape, and departmental deliverables. What you can expect: Fast-paced environment supporting public and private credit portfolio managers and traders Supervising the team responsible for the management and development of the trade surveillance program to monitor for compliance with policies and regulations. Provide guidance on insider trading and information barrier matters Manage responses to internal audits and regulatory inquiries Oversee the proxy voting compliance programs Develop and maintain policies and procedures

Requirements

• 5+ years of Compliance experience covering fixed income investment teams
• Experience in managing and growing talent
• Strong data analysis skills with ability to gather and draw actionable conclusions from data
• Working knowledge of Aladdin trading system is required
• Asset management industry knowledge
• Understands key business risks, marketplace and regulatory environment
• Strong interpersonal skills to interface with various business units, traders, legal and compliance
• Strong process improvement skills
• Capable of presenting complex trading and compliance matters clearly and confidently to senior leadership.
• Proven ability to lead meetings with cross‑functional groups on trades to drive alignment and timely decision‑making.
• Able to perform as a team player and independently to help accomplish objectives
• Excellent written and verbal communication skills, organizational skills, and attention to detail
• Comfortable with ambiguity and has the dexterity to adjust as needed
• Understands the complexities and nuances of a global environment

Responsibilities

• Supervising the team responsible for the management and development of the trade surveillance program to monitor for compliance with policies and regulations.
• Provide guidance on insider trading and information barrier matters
• Manage responses to internal audits and regulatory inquiries
• Oversee the proxy voting compliance programs
• Develop and maintain policies and procedures

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed