Senior Investment Operations Specialist | PGIM

Letterkenny - Hybrid 2/3 days onsite

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

PGIM Plan Accounting is an integral component in the support of PGIM, Retirement and the Group Insurance businesses and their clients' investments in separate accounts and trust vehicles. The Investment Operations Specialist position provides an opportunity for cultivation of leadership skills. Positions in Plan Accounting provide the opportunity to gain broad business knowledge by way of consistent exposure to a wide network of business partners. These include corporate and business functions such as Finance, Operations and Systems, Risk Management, Compliance, Audit, Product Development, Client Relationship Management and Actuarial Services as well as external banks and financial companies.

• Client Reporting: Production of client level commingled asset and investment reports; Client service support; 5500 and Schedule C regulatory reporting; Client performance; Audit support
• Financial Accounting and Analysis: Calculation of investment management and other fees; Invoicing and collection of fees; Accounting entries and revenue collection; AUM reporting; Audit support; Transaction processing including client contributions, withdrawals, and bank account monitoring; Accounting entries; Cash & ledger reconciliations; Client set up
• Fund and Investor Services: Support of new fund development and set up; Oversee fund and client launch projects; Bank and vendor oversight; Regulatory reporting; Retirement Pooled Financial Statements; Audit Support; Asset Manager relationship management and cashflow forecasting; Client order processing including exchanges and withdrawals; NSCC trading
• Fund Valuation and Performance: Calculation of fund level pricing/unit values; Fund level performance reporting; Support of new fund development and set up; Transfer agency including asset to liability reconciliations and investor share ownership; Retirement Pooled Financial Statements; Single Client reporting; Audit support

• Accounting: Validation of portfolio and transaction level activity including trades, income payments, corporate actions and deal restructurings in sub-ledger systems; Preparing and verifying general ledger entries; Completing reconciliations to custody banks, trade systems and financial statements; Providing various reports to business partners
• Data Quality Group: Oversight of portfolio and security level financial data quality in the investment risk data warehouse, accounting system, investment forecast model and reporting databases; Submission and verification of adjustments to financial data; Performing reconciliations and data analysis; Resolving inquiries; Supporting projects
• Reporting: Supporting business partners by preparing, analyzing, and distributing limit monitoring, activity and holdings reports on a daily, weekly, monthly, quarterly, and annual basis sourced from ledger as well as various internal data warehouses; Preparation of monthly, quarterly, and annual Statutory and GAAP reporting

• Preparing General Ledger entries on a monthly basis (when needed) for Stat Market Value adjustments
• Preparing monthly reconciliations for Asset and Income accounts
• Preparing monthly, quarterly, and annual Pricing, Tax and STAT reporting workflows
• Researching issues related to accounting entries and the subledger Investment system
• Documenting procedures for any new reporting requirements
• Completing various ad-hoc requests that are received from internal clients
• Gathering information for both internal and external audits
• Supporting, monitoring, and calculating unit values for the investments we support
• Transfer agency services including asset to liability reconciliations and investor share ownership
• Production of client level commingled asset and investment reports, 5500/Schedule C and regulatory reporting
• Calculation, invoicing, and collection of fees related to Investment management services and administration
• Transaction processing including client contributions, withdrawals, and bank account monitoring
• ORACLE accounting entries and ledger revenue reconciliations
• Asset Manager relationship management and cashflow forecasting
• Client order processing including exchanges and withdrawals; NSCC trading
• Support of new fund development, set ups and closings
• Bank Oversight and Related Reconciliation/Reporting Functions
• Portfolio and Client level transition events (i.e. securities in-kind transfers, manager replacements, etc)
• External and Internal audit review and support; Client service support
• Participate in various analysis and special projects

• Candidates must possess a bachelor's degree ; preferred majors include Accounting, Economics, Finance or Business
• 6+ years of prior experience in Investment Operations,
• Experience with Statutory and GAAP accounting preferred
• Prior experience in accounting/investment operations
• Strong written, oral communication, and interpersonal skills
• Advanced proficiency with Microsoft Excel and Word
• Proficient oral and written communication skills
• Excel at managing a team or working independently

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
• Annual Leave of 23 days at full pay.
• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.
• Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free.
• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee's salary.
• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.