Treasury Analyst for PGIM's Private Capital Fund Operations team. Managing liquidity and supporting fund operations for Direct Lending product.
Responsibilities
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
Support the 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
Contribute to monitoring deal pipeline activity, deal funding / liquidity forecasts, and allocations
Coordinate foreign currency hedging transactions, reconcile transactions and outstanding forward contracts with hedge counterparties
Support the loan rating process with various rating agencies and maintain database
Communicate with internal and external stakeholders
Provide support to the Fund Operations team in periods of peak demand and ad hoc projects
Requirements
2 to 4 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 or within underwriting fund debt facilities at a bank is a plus
Strong Excel modeling & analysis skills, Wall Street Office, Sentry, Allvue (fka Black Mountain), and Kyriba systems a plus
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
Critical thinking and problem-solving experience required
Benefits
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 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
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
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