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    Treasury Analyst, Direct Lending - Chicago, United States - E Fundresearch

    E Fundresearch
    E Fundresearch Chicago, United States

    4 weeks ago

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    Treasury Analyst, Direct Lending (m|w|d) Chicago

    Treasury

    Vollzeit

    ohne Führungsaufgaben

    mit betrieblicher Altersvorsoge
    Downloads
    About PGIM Private Capital
    At PGIM Private Capital, expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers.

    Our team is comprised of bright, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield and mezzanine investments.

    We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life.

    We challenge you as an individual so you can make real contributions while you grow your capabilities.
    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$1.27 trillion in assets under management as of June 30th, 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.

    With a history dating back 145 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 Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

    A GLOBAL FIRM 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.

    The PGIM Private Capital Fund Operations team is seeking a Treasury Analyst specific to the Direct Lending product.

    The Fund Operations team is a unit within PGIM Private Capital responsible for the financial oversight and reporting of multiple credit fund strategies and their limited partnerships.

    Currently, the team is responsible for five mezzanine funds, two mezzanine energy funds and two Direct Lending fund complexes (and associated separate accounts).

    The limited partners within these funds include subsidiaries of Prudential Financial Inc. along with unaffiliated U.S. and non-U.S. institutional investors including public and private pension funds, other insurance companies, sovereign wealth funds and family offices.

    The Direct Lending strategy within PGIM Private Capital responsible for originating, underwriting, and managing a portfolio of privately placed leveraged loans for middle market issuers ($10-100 million of EBITDA).

    Due to the strong performance of that track record coupled with growing transaction flow, PPC closed on its second third-party fund, PGIM Senior Loan Opportunities II (PSLO II), bringing the Direct Lending fund strategy to $4bn in commitments.

    The Treasury Analyst will be expected to play an integral role in continuing to grow the strategy.
    What you will do
    Provide cash management support through cash analyses for deal fundings, subscription and leverage line borrowings/repayments, and capital call needs across various fund entities
    Execute cash settlements for expense invoices, forward contract settlements, and transfers between entities to position cash for deal fundings
    Assist in management of multiple middle market direct lending debt facilities (subscription line, asset-backed / leverage lines, corporate revolvers, and CLOs) with thorough understanding of the related documentation and deliverables
    Prepare, maintain, and submit all schedules / reports required under credit agreements
    Monitor compliance to debt covenants / restrictions / thresholds for multiple debt facilities
    Assist in monitoring deal pipeline activity, deal funding / liquidity forecasts, and allocations
    Assist with foreign currency hedging transactions, reconcile transactions and outstanding forward contracts with hedge counterparties
    Assist in loan rating process with various rating agencies and maintain database
    Communicate with internal and external stakeholders
    Assist the Fund Operations team in periods of peak demand and ad hoc projects
    Join a global operations team by working with staff located in Chicago, Newark, and Ireland

    What you will bring:
    1 to 3 years of accounting, audit, fund administration or operations experience in financial services
    Experience in a Treasury role (private credit firm preferred), custodian bank, administrative agent, cash and/or debt facility management
    Strong Excel modeling & analysis skills

    What will set you apart:
    Underwriting fund debt facilities at a bank
    Knowledge of Wall Street Office and Allvue (fka Black Mountain) systems
    Ability to convey sense of urgency and to work productively with both internal and external business partners (Prudential Enterprise, investment professionals, banking partners, etc.)
    Strong organizational skills including the ability to adapt to changing circumstances and adjust priorities as needed
    Superior analytical skills, accuracy and careful attention to detail are essential
    High-energy person who brings positivity, geniality, and optimism to work
    Critical thinking and problem-solving experience required

    • PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
    At PGIM, we care about our employees, and we are committed to seeing them succeed.

    We provide our employees with access to professional development and support to help drive their success and ability to innovate.

    Medical, dental, vision, life insurance and PTO (Paid Time Off)
    401(k) plan with generous company match (up to 4%)
    Company-funded pension plan
    Wellness Programs

    to help you achieve your wellbeing goals, 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 health, and career development.

    Tuition Assistance

    to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.
    To find out more about our Total Reward package, visit Work Life Balance | Prudential Careers
    We look forward to receiving your application.

    Our Commitment to Diversity, Equity, and Inclusion:
    Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We do not 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.

    Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
    Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America.

    Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth.

    The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time.

    Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services, some of which may not be available in your area.

    We recognize that our strength and success are directly linked to the quality and skills of our diverse associates.

    We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals.

    Visit

    to learn more about our values, our history and our brand.
    Prudential is an equal opportunity employer.

    All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.


    DAVIDHUNT:
    PRESIDENT&CEO

    PGIM INCLUSION INITIATIVES
    PGIM IS A PROUD SIGNATORY TO CFA INSTITUTE'S DIVERSITY, EQUITY, AND INCLUSION CODE

    #J-18808-Ljbffr

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