PGIM
Investment VP, Emerging Markets Global Portfolio Management
PGIM, Newark, NJ
Job Classification:Investment Management - InvestmentsGlobal Portfolio Management (GPM), a team within Prudential’s CIO Organization, is responsible for coordinating and overseeing all aspects of portfolio management for Prudential’s international insurance businesses, including asset/ liability management and portfolio construction.GPM’s scope of responsibility includes wholly-owned entities in Brazil and Mexico, as well as strategic investments in Africa and influence oversight and support to Prudential’s JV in South East Asia and China. Latin America businesses require specific coverage to ensure the appropriate investment strategies are developed and executed aligned with ALM best practices. In addition, an appropriate product development support is required to guarantee all investment assumptions are aligned with Prudential asset allocation best practices. Prudential International Insurance (PII) relies in GPM’s investment expertise to assess all M&A opportunitiesThis Newark-based position will focus on Prudential’s wholly-owned, strategic investments in Africa and support China’s Joint Venture entities and report to the Investment Senior Vice President, Emerging Markets Senior Investment Officer. The position will contribute to a team that directly supports the Head of Global Portfolio Management.The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.What you can expect: Investment policy coordination and oversight for Prudential's international insurance operations.Collaborate with local investment officers in the development of appropriate portfolio investment policies. Ensure consistency and application of best practices across PII operations.Collaborate with local investment teams on portfolio management/investment issues:Asset/liability management and portfolio construction (SAA). Product hedging requirements and related pricing considerations. Define Marginal Asset Allocation (MAA). Assess the feasibility of new asset classes according to Prudential’s risk appetite framework and best practices.Analytic and implementation support for new investment initiatives or transactions. Review and selection of asset managersEnterprise and cross-functional coordination in addressing issues and enhancing policies and processes on behalf of the IPM organization, including, Corporate oversight function and other International Insurance functional areas.Development of portfolio analytics and reporting capabilities.Lead and coordinate with local investment teams, Finance, Actuarial, Risk Management, Investment Systems, and other stakeholders in the development of portfolio analytics and reporting capabilities. Ensure an appropriate governance process and streamlined communication in all investment-related matters back to PrudentialSupport, facilitate and influence our wholly-owned, strategic investments and Joint Venture entities to establish an effective governance framework aligned with Prudential Operating Principles, including IPS and local Investment Committees.Support all M&A transactions by conducting all due diligence required for all investment-related purposesParticipate as part of the CIO Community contributing in wider dialogue with peers to assess relative value ideas, tactical investment opportunities and other relevant portfolio management initiatives.Other duties as assigned.What you'll need: The ideal candidate will have 10-12 years of relevant asset liability management, portfolio management, and business specific experience managing large insurance investment portfolios and teams of investment professionals.A strong investment background, with experience of having worked in/with the Latin American markets.Solid capital markets perspective, a strong working knowledge of varying liability structures, and a well-formed macro view are vital.Strong interpersonal skills, strong influence, clear communication skills, team orientation, and the desire and ability to work with business partners of different national, cultural, and language backgrounds.Experience managing and leading talent is required.Strong analytic and quantitative skills, and a deep understanding of capital markets with an emphasis on fixed income, FX, and related derivatives markets.Knowledge of insurance liabilities, international insurance markets, and regulatory capital frameworks is important. Have the desire and ability to work with business partners of different national, cultural, and language backgrounds.It’d be a plus if you had:Spanish and/or Portuguese language skills a plus.A CFA and MBA/MS in Finance is preferred.At Prudential, you can:Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.What we offer you:Market competitive base salaries, with a yearly bonus potential at every levelMedical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leaveRetirement plans:401(k) plan with company match (up to 4%)Company-funded pension planWellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needsWork/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.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.Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $175,000 to $200,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.#LI-HybridPrudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.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. The Prudential Insurance Company of America, Newark, NJ and its affiliates.Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.PEOPLE WITH DISABILITIES:If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.SummaryLocation: Newark, NJ, USAType: Full time