PGIM | Bank Administration Manager, Fund Operations (f/m/d)

A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers!

If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.

At PGIM, You Can!

WHAT YOU WILL DO

We are looking for an astute, detail-oriented and determined professional to fulfill a critical position within our Bank Administration Team. You will showcase your success through collaboration, ownership and innovation. You will be responsible for managing the bank administration needs of globally invested Real Estate funds and corporate entities within their group. The role holder reports to the head of the Fund Legal and Governance team based in Luxembourg.

WHAT YOU CAN EXPECT

• Banking administration
  • Managing, developing and coaching a team and pitching in to solve complex or sensitive matters and act as a contact of escalation in day-to-day tasks
  • Responsibility for arranging for, and/or the supervision of bank account opening, closing and periodic reviews, including an efficient and effective approach is taken on information gathering and communication, KYC/AML requirements, the designation of bank authorities/signatory powers, with proactive management over the provision of information and internal dashboard reporting of status
  • Administration of banking platforms and management of 3rd party authentication tools
  • Responsibility for ensuring complete and accurate records of bank accounts is maintained with an effective programme of recertification in accordance with approved delegations of authority and procedures
  • Collaborating efficiently and effectively with 3rd party service providers across Europe (including property managers, fund and corporate administrators, custodians, and banks), including managing the onboarding and coordination of their treasury activities (account maintenance) with other stakeholders
  • Maintenance of accurate authorised signatory list and bank mandates/users of various banking platforms
  • Retaining flexibility to initiate payments on an exceptional basis in accordance with our business continuity plans implementation
  • Analysis of banking costs and service levels and preparation of associated management reporting
  • Supervision of risk mitigant processes including call back procedures
  • Develop, implement and maintain operational process documentation, policies and procedures
  • Keeps close communication and strong relationship with internal and external areas, ensuring the correct implementation of cash processing standards
• Depositary and custodial oversight
  • Collaborating with internal and external parties and carrying out tasks designed to ensure depositary and custodian relationships are proactively and effectively managed
• Transactional

• Transactional support in relation to acquisitions, dispositions and (re)financings in Europe especially with regards to treasury aspects

• Curiosity, good attitude
• Experience in working in an international and multicultural environment / have a global mindset
• Willingness to actively get things done, hands-on and can-do mindset

• Strong academic background: relevant degree level required in business/economics or similar
• At least five years of relevant work experience (e.g. fund manager, service provider, bank or audit/consulting firm)
• Highly organized, detail-oriented, efficient, decisive and self-motivated with the requisite personal time management and communication / negotiation skills
• Ability to work in a fast-paced environment, with flexibility to adapt
• interested in process improvement, proposing new ideas and willing to develop new skills
• Competence in excel and with other Microsoft Office applications
• Attention to detail
• Transparent and highly collaborative as this position requires to build strong relations within the Company
• Integrity and reliability, with a commitment to Diversity & Inclusion
• Team player, capability to interface professionally and to work on cross border structures, collaborating with colleagues from offices in Europe as well as in Asia and the US
• Fluent in English with clear and strong verbal and written communication skills required; French, German or Italian is an advantage