PGIM · 6 hours ago
PGIM - Associate Manager, Loan Operations
Newark, NJ, USA
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $110K/yr
5+ years expPGIM is the Global Asset Management business of Prudential, focused on improving financial services and making a meaningful impact. The Associate Manager, Loan Operations will manage the full lifecycle of loan servicing activities for the Private Credit investment business, ensuring operational excellence and compliance while collaborating with various stakeholders.
Asset Management
Responsibilities
Serve as the primary relationship manager for fund administrators and third-party lenders
Provide daily operational support to fund operations, deal teams, and business partners
Assist in the ongoing management of multiple middle-market direct lending products (e.g., CLO, BDC)
Support transaction execution by tracking upcoming deal closings and managing the funding and hedging process
Review and validate closing documentation, including credit agreements, funding memos, and wire instructions
Ensure all trade and funding details are accurately captured in internal systems prior to settlement
Approve and review accurate trade booking, new loan setup, and reconciliation of cash discrepancies
Maintain accurate and up-to-date records in Wall Street Office or equivalent loan servicing platforms
Navigate complex settlement activities with borrowers and the banking community
Manage daily production including cash forecasting and positioning
Ensure timely review and release of deal funding wires in alignment with standard operating procedures
Support system enhancements and process improvements to increase efficiency and reduce risk
Mentor and support junior team members, fostering a collaborative and high-performing environment
Qualification
Required
Bachelor undergraduate degree and 5+ years in the banking and financial services industry
Familiarity with loan closing and servicing processes
Strong attention to detail
Strong PC skills, including extensive knowledge of Microsoft Suite, specifically Excel
Excellent communication and analytical skills
Ability to manage multiple assignments and changing priorities
Critical thinking and problem-solving experience
Ability to convey sense of urgency and to work productively with both internal and external business partners
Preferred
Previous exposure with direct lending and private credit funds
Knowledge of Wall Street Office or other middle office systems
Benefits
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.
Company
PGIM
PGIM is a money manager whose clients rely on their risk management expertise, intellectual capital, and innovative solutions. It is a sub-organization of Prudential Financial.
1001-5000 employees
H1B Sponsorship
PGIM has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (15)
2024 (12)
2023 (8)
2022 (8)
2021 (7)
2020 (14)
Funding
Current Stage
Late StageLeadership Team
Jakob Wilhelmus
Director, Thematic Research
Recent News
Private Equity Wire
2026-01-23
2026-01-22
Company data provided by crunchbase