Senior Associate, Real Assets

Job Classification:
Investment Management - Investments

Prudential Select Strategies LLC (PSS), a registered investment adviser, is a unit of the Global Chief Investment Office, which conducts asset and liability management and portfolio construction for all of Prudential's domestic and international business operations. PSS is responsible for managing over $15.0 billion in assets, comprised of private equity, hedge funds, real estate and other investments in alternative credit and direct lending strategies.

PSS is seeking an investment professional to join its Real Assets team, who will support asset manager selection, due diligence and monitoring fund investments in across value add, opportunistic, core plus, and core real estate as well as infrastructure, on behalf of the insurance general accounts. In this role, the candidate will support both internal and external asset manager relationships.

The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Support portfolio managers in all aspects of the investment sourcing, underwriting and diligence process for primary fund investments;
• Perform ongoing monitoring, analysis and reporting of investments as well as the aggregate portfolio;
• Work with operations, accounting, tax and legal departments as part of the investment due diligence and execution process;
• Conduct market, industry and strategy research and be informed about current and developing sector trends as well as support related analytical projects;
• Work with the Real Assets portfolio manager to optimize the investment portfolio.

What you'll need:

• 6+ years of relevant investment experience in real estate or private equity;
• Asset manager selection and due diligence experience preferred;
• Experience training and developing talent preferred;
• Strong analytical and modeling skills;
• Strong interpersonal, relationship management, verbal, written communication skills;
• Strong project management skills and ability to manage multiple projects simultaneously.
• MBA or equivalent degree and/or CFA a plus.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $160,000 to $195,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement

• 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.