Investment Operations Specialist

Senior Investment Operations Specialist | PGIM page is loaded

Senior Investment Operations Specialist | PGIM

Apply locations Letterkenny, Ireland time type Full time posted on Posted Today job requisition id R-121793

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

PGIM Investment Operations provides recordkeeping, accounting, and reporting for the investment portfolios supporting the Insurance Companies. Additionally, we support all investment data for the Chief Investment Officer and the Chief Risk officer for Prudential.

- 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

What you can expect

- 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

What you will bring

- 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

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

- 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.

About PGIM – Global Asset Management

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.39 trillion in assets under management as of March 31st, 2025. With offices in 19 countries, PGIM's businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.

With a history dating back 150 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Our Commitment to Diversity, Equity, and Inclusion

PGIM has a long-held commitment to advancing diversity, equity and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries.

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PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants' gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit.

Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland .

PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority.

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About PGIM

PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM's businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

Our Commitment to an Inclusive Workplace

Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don't just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.

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