Full-Time

PGIM Fixed Income – Senior Quantitative Engineer

Posted on 1/9/2025

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$170k - $200kAnnually

Senior, Expert

Newark, NJ, USA

Category
Quantitative Analysis
Algorithm Development
Quantitative Finance
Required Skills
Kubernetes
Microsoft Azure
Python
Data Structures & Algorithms
Java
Docker
AWS
C/C++
Development Operations (DevOps)
Data Analysis
Requirements
  • Strong proficiency in programming languages such as Python, C++, or Java.
  • Experience with quantitative libraries, APIs, and high-performance computing frameworks.
  • Deep understanding of algorithms, data structures, and multi-threaded programming.
  • Solid understanding of financial products, risk management, and portfolio construction.
  • Familiarity with pricing models, market data, and risk systems.
  • Proven experience leading development teams or mentoring developers.
  • Ability to work collaboratively with quant researchers, traders, and IT teams.
  • Bachelor’s or Master’s degree in Computer Science, Engineering, Mathematics, or a related field.
  • 7+ years of professional experience in quantitative development, with at least 2 years in a leadership role.
  • Experience with cloud technologies (AWS, Azure) and containerization tools (Docker, Kubernetes).
  • Knowledge of machine learning techniques and applications in finance.
  • Familiarity with CI/CD pipelines and DevOps practices.
Responsibilities
  • Lead the end-to-end design, development, and implementation of quantitative models, libraries, and tools to support trading, portfolio management, and risk management.
  • Provide architectural direction for systems ensuring scalability, performance, and maintainability.
  • Advocate for best practices in software engineering, including code reviews, testing, and documentation.
  • Build and optimize quantitative tools and frameworks using modern programming languages (e.g., Python, C++, Java).
  • Collaborate with quants, traders, and portfolio managers to translate financial models and strategies into production-grade applications.
  • Implement and enhance algorithms for data processing, analytics, and real-time decision-making.
  • Work closely with cross-functional teams, including quant research, data science, and IT, to ensure seamless integration of systems.
  • Mentor junior developers, fostering a culture of technical excellence and continuous learning.
  • Manage the development lifecycle of critical projects, from requirements gathering through delivery.
  • Communicate effectively with stakeholders, ensuring alignment on objectives, priorities, and timelines.

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning to prepare them for the future.

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, New Jersey

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Prudential's investment in FIDx aligns with the digital transformation trend in financial services.
  • The appointment of Susan Somersille Johnson may boost global marketing and brand strategy.
  • Involvement in N.J. CEO Council enhances corporate social responsibility and community engagement.

What critics are saying

  • Increased competition in Asia may challenge Prudential's market penetration and profitability.
  • Over-reliance on technology platforms like FIDx could expose Prudential to operational risks.
  • Commitment to job creation and procurement spending may strain resources and impact finances.

What makes Prudential Financial unique

  • Prudential Financial offers a comprehensive range of financial services globally.
  • The company focuses on long-term relationships and comprehensive financial planning.
  • Prudential leverages digital transformation to enhance its service offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Company Equity

Wellness Program

Work/Life Resources

Education Benefit

Employee Stock Purchase Plan