Prudential Financial

Vice President, Product Management – PGIM Fixed Income

Prudential Financial

full-time

Posted on:

Location Type: Hybrid

Location: Newark • New Jersey • United States

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Salary

💰 $210,000 - $230,000 per year

Job Level

Lead

About the role

  • Accurately and effectively position the Fixed Income products based on information from PGIM’s fixed income investment teams, external news sources, internally run data, feedback from sales, and other sources.
  • Proactively identify issues impacting the product line and recommend next steps/solutions.
  • Contribute to the strategic direction of the product line.
  • Review existing product line and recommend changes/enhancements where applicable, e.g., pricing, benchmark, portfolio managers, strategy and investment limits.
  • Work closely with sales management and internal partners on product positioning, recommending the development of new materials and ways to enhance existing pieces.
  • Act as an advocate for the fixed income product line.
  • Know PGIM’s fixed income strategies, how to navigate the firm, how to attain information, and develop processes for effective communication.
  • Responsible for reviewing others’ work to ensure accuracy and message consistency.
  • Monitor capital markets, trade publications, flows, performance, portfolio characteristics and competitive landscape.
  • Present product updates and positioning to sales teams.
  • Work with internal groups on the structure and positioning of new products.
  • Train new hires on the basics of the product line and current employees on new products, product changes, etc.
  • Drive relationships with Distribution (Sales, National Accounts, IODC, etc.) along with internal partners (Product Development, Marketing, Legal, Compliance, Fund Admin, etc).
  • Respond to sales inquiries in a timely manner (answer questions, provide data, etc.).
  • Present strategy information and product updates on calls with Financial Professionals.
  • Legally required work – Review shareholder reports and prospectuses, 15(c) peer reviews, capital gains distributions, etc.
  • Proactively and reactively generate analytical data that can support product positioning.
  • Create & update fund presentations and fund positioning documents.
  • Respond to special requests from Senior Management.
  • Assist with competitive analysis and positioning points.

Requirements

  • Bachelor’s degree required.
  • Series 7 license.
  • Strong fixed income expertise with ability to explain complex concepts to diverse audiences.
  • Solid understanding of financial markets, investment strategies, and industry issues.
  • Effective communicator and collaborator with PGIM Sales and Marketing teams.
  • Detail-oriented, process-driven, and able to manage multiple projects on time.
  • Skilled at influencing without direct authority.
  • Proficient in PC tools and industry platforms (Excel, PowerPoint, Word, Lipper, FactSet, Morningstar Direct, LANA, Bloomberg, etc.).
  • CFA or MBA preferred.
  • 7+ years of industry experience preferred.
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.
  • 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.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
fixed income expertisefinancial markets understandinginvestment strategies knowledgeanalytical data generationproduct positioningcompetitive analysisportfolio managementpricing strategybenchmarkingprocess development
Soft skills
effective communicationcollaborationdetail-orientedprocess-drivenproject managementinfluencing without authorityadvocacyproblem-solvingtrainingpresentation skills
Certifications
Bachelor's degreeSeries 7 licenseCFAMBA