TOIGO Foundation
VP Securitized Products, ABF Structuring and Transaction Management
TOIGO Foundation, Newark, New Jersey, us, 07175
What you will do
As our client’s needs evolve and our business continues to grow, we are creating a new role within PGIM Fixed Income’s Securitized Products team focused on ABF Structuring and Transaction Management. In this role, you will be responsible for overseeing and managing the end-to-end process of structuring and closing asset-based finance transactions. You will work closely with internal investment teams and external stakeholders to ensure transactions are executed efficiently and in compliance with regulatory requirements.
The ideal candidate will have significant experience structuring and executing private transactions. Additionally, the candidate should have a strong background across a variety of asset-based sectors including, but not limited to, consumer credit, commercial lending, mortgage, fund finance, and private credit.
This position is performed in a hybrid manner with a mix of work performed from our office in Newark, NJ and remotely. Our organization follows a hybrid work structure where employees meet with their team in the office on set days of the week and can work remotely the remainder of the week. Working from the office is encouraged when working on tasks that require a high degree of collaboration and may be required during group specific events (Town Halls, etc.).
What you can expect
Manage the full lifecycle of asset-based finance transactions from initial client engagement to closing ensuring all steps are completed accurately and on time.
Design and develop innovative asset-based finance structures that meet client and borrower needs.
Work closely with numerous external parties including issuers, legal, rating agencies, and trustees to execute transactions.
What you will bring
Minimum of 7 years' work experience, preferably in investment banking, insurance or asset management.
At least 5 years of experience structuring and managing transaction lifecycle.
Significant experience in cashflow modeling and structuring across ABF sectors.
Experience across the various ABF collateral types (corporate credit, CRE, and asset-based finance) to assist the securitized product team structure the underlying asset cash flows to achieve long-term capital efficiency within vehicles for insurance clients.
Highly organized and attentive to details.
Excellent quantitative/analytical and written/verbal communication skills.
Excellent time and project management skills.
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
What we offer you
Medical, dental, vision, life insurance and PTO (Paid Time Off)
Retirement plans:
401(k) plan with generous company match (up to 4%) and Company-funded pension plan
Wellness Programs
to help you achieve your wellbeing goals, 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 health, and career development.
Tuition Assistance
to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers
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.
About PGIM Fixed Income
PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With over 1100 employees and $805bn assets under management (as of June 2024), the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Paris, Sydney, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.
#J-18808-Ljbffr
As our client’s needs evolve and our business continues to grow, we are creating a new role within PGIM Fixed Income’s Securitized Products team focused on ABF Structuring and Transaction Management. In this role, you will be responsible for overseeing and managing the end-to-end process of structuring and closing asset-based finance transactions. You will work closely with internal investment teams and external stakeholders to ensure transactions are executed efficiently and in compliance with regulatory requirements.
The ideal candidate will have significant experience structuring and executing private transactions. Additionally, the candidate should have a strong background across a variety of asset-based sectors including, but not limited to, consumer credit, commercial lending, mortgage, fund finance, and private credit.
This position is performed in a hybrid manner with a mix of work performed from our office in Newark, NJ and remotely. Our organization follows a hybrid work structure where employees meet with their team in the office on set days of the week and can work remotely the remainder of the week. Working from the office is encouraged when working on tasks that require a high degree of collaboration and may be required during group specific events (Town Halls, etc.).
What you can expect
Manage the full lifecycle of asset-based finance transactions from initial client engagement to closing ensuring all steps are completed accurately and on time.
Design and develop innovative asset-based finance structures that meet client and borrower needs.
Work closely with numerous external parties including issuers, legal, rating agencies, and trustees to execute transactions.
What you will bring
Minimum of 7 years' work experience, preferably in investment banking, insurance or asset management.
At least 5 years of experience structuring and managing transaction lifecycle.
Significant experience in cashflow modeling and structuring across ABF sectors.
Experience across the various ABF collateral types (corporate credit, CRE, and asset-based finance) to assist the securitized product team structure the underlying asset cash flows to achieve long-term capital efficiency within vehicles for insurance clients.
Highly organized and attentive to details.
Excellent quantitative/analytical and written/verbal communication skills.
Excellent time and project management skills.
*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
What we offer you
Medical, dental, vision, life insurance and PTO (Paid Time Off)
Retirement plans:
401(k) plan with generous company match (up to 4%) and Company-funded pension plan
Wellness Programs
to help you achieve your wellbeing goals, 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 health, and career development.
Tuition Assistance
to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers
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.
About PGIM Fixed Income
PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With over 1100 employees and $805bn assets under management (as of June 2024), the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Paris, Sydney, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.
#J-18808-Ljbffr