Prudential Financial

Associate Manager, Collateral Management

Prudential Financial
655 Broad St, Newark, NJ 07102, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Reconciliation of trade details against executing and/or clearing counterparty. Daily reconciliation and instruction of variation margin. Daily monitoring of counterparty exposure, and resulting collateralization in accordance with our executed trading agreements (ISDA/CSA, GMRA/MRA, MSFTA, CDEA). Verify, place/respond, and instruct upon daily collateral margin calls. Including substitutions, research and resolution of disputed items. Assuming ownership for any operational issues that are raised and providing resolution in a manner that is seamless regardless of which operational issues are impacted. Anticipating issues that may adversely affect the operational support of all derivative products and taking action to reduce the risk of such occurrences. Proactively seeking ways to improve current processes by leveraging the tools available. Cultivating both internal and external relationships to ensure proper service levels are achieved and maintained for each fund supported.

Where is this job?
This job is located at 655 Broad St, Newark, NJ 07102, USA
Job Qualifications

  • Strong knowledge of derivatives and/or other fixed income products and investment strategies

  • 3-5 years experience supporting fixed income products or relevant experience

  • Previous supervisory/management experience required.

  • Able to multi‐task and absorb information across a broad spectrum of products.

Required Skills

  • MS Word

  • Time Management Skills

  • MS Excel skills

  • Strong Analytical Skills

  • Collateral management

  • Portfolio management tools and mainframe applications

Soft Skills

  • Driven and self-motivated

  • Prioritizing skills

  • Adaptability

  • Problem Solving Skills

  • Detail Oriented and Organized

  • Verbal and Written Communication

  • Multi tasker

Compensation

According to JobzMall, the average salary range for a Associate Manager, Collateral Management in 655 Broad St, Newark, NJ 07102, USA is between $73,000 and $118,000 per year. The salary range may vary depending on the company's size, experience of the candidate, and other factors.

Additional Information
Prudential Financial is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedAugust 12th, 2022
Apply BeforeJune 21st, 2025
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About Prudential Financial

Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 40 other countries.

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