Director, Fixed Income Product Manager

About the position

PGIM Investments is dedicated to helping clients solve their toughest investment challenges -- whether it’s capital growth, reliable income, or protection from market volatility and other risks. As part of PGIM, the global investment management business of Prudential Financial, PGIM Investments is the manufacturer and distributor of retail mutual funds, separate accounts, ETFs, and UCITS sold primarily through third-party distribution channels. The products and strategies we create are managed by PGIM, which is Prudential’s asset management organization. Prudential has become recognized as a leading provider of investment solutions for institutional and retail clients.

Position Summary:
The Director, Fixed Income Product Manager will work closely with various business units within Prudential including PGIM Fixed Income, Product Management, Competitor Analytics, Marketing, Product Development, Sales, Compliance, Legal and Fund Administration.

Responsibilities will include, but are not limited to:
  • Provide strategic direction for the product line. Review existing product line and recommend changes/enhancements where applicable. e.g. pricing, benchmark, portfolio managers, strategy and investment limits.
  • Proactively identify issues impacting the product line and recommend next steps/solutions.
  • Accurately and effectively position our Fixed Income products based on information from PGIM Fixed Income, external news sources, internally run data, feedback from sales, and other sources.
  • Work closely with sales management and internal partners on product positioning, recommending the development of new materials and ways to enhance existing pieces.
  • Act as an advocate for the Fixed Income product line. Know PGIM Fixed Income’s strategies, how to navigate the firm, how to attain information, and develop processes for effective communication.
  • Responsible for reviewing others work to ensure accuracy and message consistency.
  • Monitor capital markets, trade publications, flows, performance, portfolio characteristics and competitive landscape.
  • Present product updates and positioning at sales meetings.
  • Work with internal groups on the structure and positioning of new products.
  • Train new hires on the basics of the product line and current employees on new products, product changes, etc…
  • Drive relationships with Distribution (Sales, National Accounts, IODC, etc…) along with internal partners (Product Development, Marketing, Legal, Compliance, Fund Admin, etc)
  • Respond to sales inquiries in a timely manner.
  • Present strategy information and product updates on calls with Financial Professionals.
  • Present with sales coordinators and to industry conferences.
  • Review shareholder reports and prospectuses, 15(c) peer reviews, capital gains distributions, etc.
  • Proactively and reactively generate analytical data that can support product positioning.
  • Create & update fund presentations and fund positioning documents.
  • Respond to special requests from Senior Management.
  • Assist with competitive analysis and positioning points
Qualifications
  • Strong fixed income knowledge with ability to articulate complex concepts to audiences with varying degrees of investment acumen.  
  • Understanding of financial markets, investment concepts, styles and issues.
  • Must be able to effectively communicate with and work with the PGIM Investments Sales and Marketing teams.
  • Series 63 & 7 licenses preferred; must be capable of obtaining licensing within 120 days if not currently held.
  • Bachelors degree required.
  • CFA or CIMA designation preferred.
  • Strong attention to detail.
  • Ability to create efficient processes.
  • Must have the ability to handle multiple projects simultaneously, and complete projects on a timely basis.
  • Ability to influence people who don’t have a direct reporting relationship.
  • Strong PC skills (including general software and industry databases such as Excel, PowerPoint, Word, Lipper, FactSet, Barclays Live, Morningstar Direct, LANA, Bloomberg, etc.).
  • 10 or more years of mutual fund industry experience preferred.
  • Solid written communication and oral presentation skills.
  • Strong attention to detail, with analytical capabilities.
  • Team player with excellent interpersonal skills; must be able to establish and maintain effective, cooperative working relationships with all departments and organizational levels.
  • Creative thinker with an ability to identify process improvement opportunities, as well as sales ideas.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.