Senior Director, Product Management | PGIM Real Estate ( Hybrid / Newark, NJ)
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Job Classification: Product Management - Product Management A GLOBAL FIRM 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 As Senior Director, you’ll play a pivotal role in shaping PGIM’s success. This position partners closely with key business units across Prudential— Real Estate, Product Management, Product Strategy, Marketing, Product Development, Sales, Compliance, Legal, and Fund Administration—driving collaboration and innovation at every step. Reporting directly to the Head of Product Marketing and Management at PGIM, you’ll influence strategic decisions and help deliver exceptional outcomes for our clients and stakeholders. This position is based in our office in Newark, New Jersey and will follow a hybrid schedule (3 days in office). What you can expect Accurately and effectively position the Real Estate products based on information from PGIM Real Estate, external news sources, internally run data, feedback from sales, and other sources. Proactively identify issues impacting the product line and recommend next steps/solutions. Contribute to the strategic direction of the product line. Review existing product line and recommend changes/enhancements where applicable. e.g., pricing, benchmark, portfolio managers, strategy and investment limits. 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 product line. Know PGIM’s real estate 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 to sales teams 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 Institutional and Global Wealth Distribution along with internal partners (Product Development, Marketing, Legal, Compliance, Fund Admin, etc.) Respond to sales inquiries in a timely manner (answer questions, provide data, etc…) Present strategy information and product updates on calls with Financial Professionals. Legally required work – 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. What you will bring Bachelor’s degree required; CFA or MBA preferred Series 7 license Required Strong real estate / infrastructure expertise with ability to explain complex concepts to diverse audiences Solid understanding of private market products, along with semi-liquid, ETFs, MFs and other investment vehicles. Solid understanding of financial markets, investment strategies, and industry issues Effective communicator and collaborator with PGIM Sales and Marketing teams Detail-oriented, process-driven, and able to manage multiple projects on time Skilled at influencing without direct authority Proficient in PC tools and industry platforms (Excel, PowerPoint, Word, Lipper, FactSet, Morningstar Direct, Bloomberg, etc.) What will set you apart? 7+ years of industry experience preferred Excellent written and verbal communication skills Detail-oriented with strong analytical abilities Collaborative team player with strong interpersonal skills; able to establish and maintain effective, cooperative relationships across all departments and organizational levels Creative problem-solver who identifies process improvements and sales opportunities Driven to contribute and grow within the organization *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. Note: The salary range for this role is from $190,000 to $230,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. 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). 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. To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place. 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. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are 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. PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 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. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are 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.