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PGIM Fixed Income - Senior Quantitative Engineer

PGIM
Newark, NJ Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 4/14/2025

Job Classification : Technology - Engineering & CloudA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTUREAs 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 doWe are seeking a highly skilled and experienced Senior Quantitative Developer to serve as a Technical Lead for our quantitative development team. This individual will drive the design, development, and deployment of cutting-edge quantitative tools, models, and platforms that empower the organization’s trading and investment strategies. The ideal candidate combines strong technical expertise, leadership skills, and a deep understanding of quantitative finance to lead complex initiatives and mentor a high-performing team.What you can expectTechnical Leadership : 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.Development & Innovation : 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.Collaboration & Mentorship : 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.Project & Stakeholder Management : Manage the development lifecycle of critical projects, from requirements gathering through delivery.Communicate effectively with stakeholders, ensuring alignment on objectives, priorities, and timelines.What you will bringTechnical Expertise : 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.Financial Knowledge : Solid understanding of financial products, risk management, and portfolio construction.Familiarity with pricing models, market data, and risk systems.Leadership & Collaboration : Proven experience leading development teams or mentoring developers.Ability to work collaboratively with quant researchers, traders, and IT teams.Education & Experience : 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.What will set you apart?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.

  • PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.What we offer youMedical, dental, vision, life insurance and PTO (Paid Time Off)Retirement plans : 401(k) plan with generous company match (up to 4%)Company-funded pension planWellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needsWork / Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional health, and career development.Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.To find out more about our Total Reward package, Total Rewards BrochureNote : 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 $170,000 to $200,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and / or benefits. 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.About PGIM Fixed IncomePGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. With approximately 1000 employees and $821Bn assets under management, the company has offices in Newark, London, Letterkenny, Amsterdam, Munich, Zurich, Tokyo, Hong Kong, and Singapore. Our business climate is a safe inclusive environment, centered 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#LI-MM1What 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 Programsincluding 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 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.SummaryLocation : Newark, NJ, USAType : Full time

Salary : $170,000 - $200,000

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