Credit Investment Analyst, Corporate & Projects Workouts - PGIM - #2123241
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Investment Analyst, Corporate & Projects Workouts
(PGIM Credit, London)
A GLOBAL LEADING ASSET MANAGER 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.
At PGIM, You Can!
What you will do
We are seeking a full time Analyst to join the Corporate & Projects Workouts ("CPW") team in London. CPW is PGIM Credit's dedicated restructuring team, managing over $1.0bn in assets that were originally underwritten by regional deal teams, but are now experiencing financial stress. The team works closely with borrowers, other lenders, and external advisors to maximize economic recoveries and support companies as they work through existing challenges. The team also underwrites protective investments if required and provides consultation services to the regional offices.
With a footprint in Chicago, New York and London, the London team's portfolio covers UK and European assets but works directly with the US based teams. As the underwriting side is industry agnostic, you will get exposure to a broad array of businesses and situations, from FTSE250 companies, to private family owned enterprises and mezzanine debt investments. The successful candidate will be a member of a small team in London, so your input and responsibilities will be meaningful from day one.
What you can expect
- Assess business and financial strategy for portfolio companies
- Carry out financial analysis and modelling, including manual valuations
- Complete written memos for internal approval and monitoring purposes
- Coordinate with external parties effectively, whether senior management teams of portfolio companies, external lawyers or financial advisors
- Review supporting information and analysis for live restructurings
- Ongoing monitoring requirements for portfolio companies
- Relevant experience in finance, restructuring, private credit underwriting, investment banking, commercial banking or asset management. Direct restructuring experience beneficial, but not required.
- Minimum 2:1 undergraduate degree (all subjects areas considered).
- Excellent analytical and accounting skills.
- Strong writing, interpersonal and communication skills.
- Familiarity with the capital markets.
- A self-starter with the ability to manage multiple work streams and prioritize effectively, often under time pressure.
- Strong work ethic and flexibility - our team is split across times zones, so a willingness to manage this and meet the expectations of the role that come with this, is essential.
- Participation in the Chartered Financial Analysts (CFA) program is a plus.
What we offer you
- Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.
- Annual Leave of 25 to 28 days, based on years of service, at full pay.
- Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.
- Life Assurance & Income Protection: Life Assurance for 8 times your basic annual salary, up to a max benefit of £1.8million. 75% of your basic annual salary for a limited payment terms of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.
About PGIM Credit
PGIM Credit is a global asset manager offering active solutions across all credit markets.
Our business climate is a safe inclusive environment, cantered around mutual respect, intellectual honesty, transparency, and teamwork. Our leaders are focused on talent & culture; dedicated to fostering growth & development at all levels to develop the industry leaders of tomorrow.
Prudential Financial, Inc. is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don't 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. For more information, please visit PGIM Credit.
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 $1.38 trillion in assets under management as of December 31st, 2024. With offices in 19 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 over 148 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 PGIM.com
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
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