PGIM Real Estate - Associate Manager, Treasury Operations (Hybrid) (Finance)
Job Classification:
Finance & Accounting - Finance & AccountingA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
Our Vision:
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.
What you will do:
PGIM Real Estate is seeking an Associate Manager of credit operations who will be responsible for supporting the PGIM Real Estate Loan Services business, specifically the Treasury team, Loan Servicing, Investor Reporting and Agency Accounting groups. The position will report to the Director of Treasury Services. The role will support Treasury services and cash management teams. This will include exposure to daily cash management, money movement, tracking and reconciliations, debt management, new loan funding, systems and other Treasury functions, including problem solving, analysis and reporting.
This role requires a high degree of cash management and treasury services experience, analytical skills, and the use of technology, along with a secondary understanding of the real estate terminology. These skills will lead to success in problem solving, data extraction and big data analysis views, while partnering closely across the Loan Services business and IT teams to timely solve Treasury, Vendor and other analytical and reporting problems. This is an outward facing role requiring strong communication, organization and problem-solving skills, both internal and with our external banking partners. This team aims to be highly collaborative, innovative, highly organized, and committed to providing exceptional service. They are based in Dallas, Texas and are currently following a hybrid work model (on-site 2-3 times a week).
What you can expect:
- Daily execution and tracking of various types of transactions via multiple Treasury systems.
- Daily liquidity management of cashflows, money movement analysis and cash reporting.
- Interface regularly with corporate partners and designated Vendors.
- Interface with 3rd party banking partners, developing business relationships in accordance with financial services agreements, fee agreements and reporting.
- Candidate will need to learn PGIM's proprietary Treasury management, Servicing system, Loan Connect applications to perform both the Treasury and Analytical functions required of the role.
- Candidate will need to learn the Loan Servicing data structure, data extraction tools and the reconciliation process thereof to confirm the accuracy of the exercises and projects.
- Creating and maintaining documentation on processes, policies, to ensure compliance to business requirements.
- Assist with Audit and Ad hoc reporting requests.
What you will bring:
- 5 – 9+ years of treasury experience is required, ideally in the real estate lending industry
- Advanced Excel skills
- Must be detailed oriented and have strong problem solving and analytical skills.
- Excellent verbal and written communication skills
- Experience in manipulating large amounts of data while understanding related object/field functions.
What Will Set You Apart
- Mortgage Lending experience.
- Working knowledge of SQL, experience with Kyriba, and high degree of technical operational systems understanding
*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role.*
About PGIM Real Estate
With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.
PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate's risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,2 and the local experience of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com.
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What we offer you:
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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
