PGIM - Investment Analyst (Private Credit Secondaries)

Job Classification: Investment Management - Investments

A global firm with a diverse & inclusive culture

As the Global Asset Management business of Prudential, PGIM is always looking for ways to improve financial services and make a meaningful impact—touching the lives of millions and solving financial challenges in an ever-changing world. PGIM believes talent is key to achieving its vision and is intentional about building a culture of respect and collaboration.

What you will do

PGIM is seeking an Investment Analyst to join its Private Credit Secondaries team. This differentiated role sits at the intersection of private credit and secondaries investing. The core of the work is bottom-up credit analysis of underlying borrowers, paired with exposure to portfolio-level investing and transaction structuring across LP-led and GP-led secondary opportunities.

This role offers the opportunity to work on challenging and innovative investments within one of the largest private capital market investors, while helping shape a rapidly growing private credit secondaries strategy. You will benefit from formal and on-the-job training, broad exposure to private credit asset classes, and direct mentorship from senior investment professionals. You will also work in a collaborative, high-impact team and a global analyst community that supports accelerated learning, professional growth, and work-life balance.

Work model: Hybrid role based in New York City, with the team on-site 3 times a week.

What you can expect

• Support all aspects of the investment process, from sourcing and due diligence to execution of private credit secondaries transactions, including acquisition of LP interests, GP-leds, and structured transactions.
• Prepare detailed quantitative and qualitative analyses and investment memoranda within tight time constraints.
• Conduct extensive credit analysis and financial modeling of underlying borrowers and funds across private credit asset classes, including direct lending, mezzanine, opportunistic credit, and infrastructure.
• Monitor existing investments, including regular interaction with managers of underlying investments and valuation updates.
• Collaborate with the broader team on deal sourcing, fundraising efforts, and other strategic initiatives.

What you will bring

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 1–2 years of experience in private credit, direct lending, mezzanine investing, credit secondaries, or equity secondaries.
• Strong underwriting and financial modeling experience, including transaction analysis and due diligence.
• Familiarity with private credit fund structures and/or secondary investment transactions.
• Excellent analytical, communication, and interpersonal skills, with exceptional attention to detail.

What will set you apart

• Experience working with originations or investment execution.
• Participation in the Chartered Financial Analysts (CFA) program (a plus).

Compensation & benefits

The salary range for this role is $90,000 to $100,000. Specific compensation may vary within this range based on factors including geographic location, candidate experience, and skills. The role may also be eligible for additional compensation and/or benefits.

• Market competitive base salaries, with yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, plus Paid Time Off (PTO) and leave of absences (including parental and military leave).
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 per year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to support topics such as parenting, housing, senior care, finances, pets, legal matters, education, and emotional and mental health.
• Education Benefit to help finance traditional college enrollment toward 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).