Job Classification:
Corporate - Risk

The Chief Investment Office (CIO) is a major strategic partner to many other departments across the enterprise and relies upon a collaborative culture to effectively create both micro and macro solutions to the most interesting challenges at Prudential. The CIO is responsible for asset liability management (ALM), interest rate risk management, oversight and reporting on product investment margin performance and related hedge management activities. The CIO controls the management of the investment portfolios of Prudential's General Accounts through its Global Portfolio Management, Prudential Select Strategies, Global Investment Strategy, Quantitative Investment Strategy and Global Hedge Management teams.

The Quantitative Investment Strategy Group's Portfolio Analysis team is responsible for conducting market and portfolio analysis, as well as for designing models and performing quantitative analysis to develop ALM solutions. The team works closely with asset managers (e.g., PGIM, GHM and Prudential Select Strategies) and utilizes external market data platforms to provide capital markets insights to portfolio strategists, the Actuarial department and ALM Finance.

The current employee work arrangement for this position is Hybrid and requires your on-site presence 3 days a week.

What you can expect:
• Conduct investment research, utilizing external platforms (e.g., Bloomberg, JPM Markets and Barclays Live) for portfolio managers' use in relative value, strategic and tactical asset allocation decisions
• Perform statistical analysis to create new, or apply existing, algorithms to analyze portfolio and capital market data
• Collaborate with the Corporate Actuarial department to develop long-term capital market and economic assumptions used in Actuarial product pricing
• Improve the CIO's Strategic Asset Allocation (SAA) model
• Automate and simplify the CIO's performance attribution model
• Assist with the construction of replicating portfolios for estimating Prudential's liabilities' capital market sensitivities
• Respond to ad hoc requests from senior management, internal inquiries from the CIO and other corporate functions, as well as inquiries regarding the enterprise's market data needs
• Enhance controls, governance and documentation around key processes

What you'll need:
• Undergraduate Bachelor's Degree required, preferably in a highly quantitative discipline (e.g., mathematics, engineering, computer science, economics, etc.)
• Exceptional programming skills and familiarity with languages such as Python is preferred
• Relevant knowledge and coursework in mathematics, engineering, fixed income, finance, economics and the capital markets
• Experience with major data sources, such as Bloomberg Terminal and other platforms
• Basic knowledge of statistical techniques, interest rate models, finance and a working knowledge of multi-asset class capital markets
• Familiarity with tools for data management and visualization (e.g., Tableau and Excel Charts)
• Strong written, oral communication, and interpersonal skills
• Interest in artificial intelligence, machine learning and neural networks

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 Programsincluding 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.

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

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.