Investment Banking Associate
Prudential Financial, Inc. 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. For more information, please visit www.prudential.com.
Prudential Financial companies serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the U.S. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services.
Corporate Mergers & Acquisitions Group for Prudential Financial Inc. - this group, reporting directly to Prudential's Chief Financial Officer, is responsible for the acquisition and divestiture activities across all of Prudential's businesses, including insurance and asset management, in the United States and abroad. Since its inception in the late 1990's, the group has closed more than 70 transactions with aggregate value in excess of $15 billion. The group is also responsible for sourcing acquisitions as well as select strategic analyses.
A transaction-based position with a significant amount of international activity. · Develop the valuation for potential acquisitions and divestitures. · Model pro forma scenarios associated with potential acquisitions and divestitures. Perform cash flow and return analysis. · Work with legal and tax counsel to structure acquisitions and draft proposals and bid letters. · Conduct and coordinate due diligence. · Source and research prospective acquisition candidates and present findings to senior management.· Other select strategic analyses.
- Bachelor's Degree required; MBA preferred.
- Two or more years of transaction-related experience, including a significant amount of M&A transactions, preferably at an investment bank.
- Strong financial modeling skills.
- Experience with the various legal, tax and other issues common to transactions.
- Financial institutions industry experience is a plus, but is not required
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