Job Classification:

Corporate - Legal and Compliance

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

Are you a legal expert specializing in asset-based finance?

PGIM, Inc. is looking for an experienced asset-based finance lawyer with asset management and securities experience to support PGIM Fixed Income (the public fixed income asset management unit within PGIM, Inc.). The successful candidate will be based in Newark, N.J. and will join a global team of 13 lawyers supporting PGIM Fixed Income’s asset management business. On June 30, 2024, PGIM Fixed Income had approximately $805 billion in assets under management.

The current EWA for this position is Hybrid and requires on-site presence on a reoccurring basis as determined by the business. We will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

providing day-to-day legal advice and support for PGIM Fixed Income’s securitized products group in connection with private asset-based finance transactions (e.g., capital solutions, consumer loans, renewables, mortgages and specialty finance)
structuring and forming fund vehicles
reviewing and negotiating complex deal documentation and confidentiality agreements
providing advice with respect to operations, syndication and trading issues
advising on related investment management issues
providing advice regarding various regulatory matters
advising on debt finance and lending transactions as the need arises
close collaboration with investment and business professionals
managing outside transaction and fund formation counsel

What you’ll need:

5+ years of relevant and sophisticated experience as a lawyer in a law firm, investment bank or investment manager
Significant and substantial legal experience in the areas of asset-based finance/securitized products/structured finance or related areas of private credit (including the various asset-based finance asset classes described in the Job Description)
Stellar project management skills, including the ability to prioritize multiple tasks and operate independently in a fast-paced environment
Excellent judgment, including the ability to provide pragmatic advice and raise issues when appropriate
Ability to collaborate with clients, colleagues and corporate partners at all levels, including senior management
Admitted to practice in N.J. (or be able to obtain a N.J. in-house counsel license as required)

It would be a plus if you had knowledge and experience of:

U.S. securities laws
Investment management/Investment Advisers Act of 1940
Registered investment companies/Investment Company Act of 1940
Insurance regulation and regulatory capital requirements
Broker-dealer regulation
ERISA

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

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $210,700.00 to $285,100.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

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 [email protected].

If you are experiencing a technical issue with your application or an assessment, please email [email protected]to request assistance.

VP – Corporate Counsel

Asset-Based Finance

Prudential Financial

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