Prudential Financial

PGIM Real Estate -Senior Investment Associate

Prudential Financial$135K — $150K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree and 5+ years of experience in commercial real estate lending
  • Strong credit and underwriting skills to mitigate risks
  • Excellent quantitative and analytical abilities
  • Outstanding organizational skills for managing multiple projects
  • Proficient in MS Office applications, especially Excel
  • Demonstrated leadership and teamwork capabilities
  • Willingness to travel for industry events and meetings

Responsibilities

  • Assist Loan Officers in loan origination and closing processes
  • Manage underwriting, debt structuring, and due diligence reviews
  • Oversee legal aspects of loan transactions
  • Provide regional market expertise to the team
  • Support analysts and associates in closing and review work
  • Develop and maintain internal and external relationships
  • Develop expertise in PGIM's origination systems

Benefits

  • Market competitive base salaries with bonus potential
  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan with company match
  • Company-funded pension plan
  • Annual wellness reimbursement up to $1,600
  • Work/Life Resources for various personal support topics
  • Education benefit for traditional and accredited programs
  • Employee Stock Purchase Plan at discounted rates
Full Job Description

Job Classification:

Investment Management - Investments

What you will do

PGIM Real Estate’s Originations team engages in all aspects of the loan origination process. As a Senior Investment Associate on the Northeast Originations team, you would be responsible for helping to facilitate the originations of multifamily and commercial real estate debt investments for Prudential's wide variety of capital sources including general account, separate accounts, core plus debt fund, structured debt strategies, Fannie Mae, Freddie Mac, and FHA.

This person will join a fully integrated mortgage origination team responsible for $2.5 billion+ of annual production. The expectation is that the Senior Investment Associate will develop and leverage internal and external relationships in order to efficiently guide all transactions through the approval and closing process. The individual will assume a leadership role in assisting the team with the daily operations to include training and oversight for the team’s analysts which includes reviewing underwriting and case file/authorization packages.

What you can expect
  • Assist the team’s Loan Officers in all aspects of the loan origination and closing process, including analysis and underwriting, debt structuring, pricing strategy, creating presentations to senior management for pricing and loan authorization, due diligence review, transaction negotiation and closing.
  • Involvement in all aspects of Core Plus transactions to include initial screening, underwriting, modeling, term sheet completion/negotiation, and compiling Investment Committee/loan authorization materials.
  • Involvement and management of legal aspects of the loan origination/closing process.
  • Assisting the team’s Loan Officers with market knowledge/expertise, i.e., become well versed in the region for which the team is responsible.
  • Maintain responsibility for assisting the team’s analysts and associates with closing and due diligence review.
  • Manage training and maintain oversight for the team’s analysts and associates.
  • Interact with existing and prospective borrowers, intermediaries, industry peers and the legal community on deals.
  • Develop internal relationships with the Credit and Portfolio Management teams. As well as external relationships with prospective borrowers and intermediaries while maintaining and building enduring relationships with existing clients across the platform to help facilitate the transaction process.
  • Develop expertise in all PGIM systems necessary for the originations process, i.e., Salesforce, Omnia, Loan Connect, etc.

What you will bring
  • Bachelor's Degree and 5+ years of experience in commercial real estate lending
  • A credit mindset and the ability to review, structure and underwrite loans to mitigate risks corresponding to the needs of PGIM’s various capital sources.
  • Strong quantitative skills and demonstrated analytical ability.
  • Excellent organizational skills and attention to detail with ability to manage multiple projects simultaneously.
  •  Outstanding written, oral communication, and interpersonal skills.
  • Ability to work both independently and as an integral member of a team.
  • Proficiency in MS Office applications, (Excel, Word, and PowerPoint) required.
  • Willingness to travel occasionally and attend industry events and conferences, required.
  • Interact professionally with internal and external parties, including originations, transactions, risk, legal, developers, investment firms, borrowers, and third‐party service providers.
  • Demonstrated leadership experience with the ability.

What will set you apart
  • Experience working with all real estate asset classes.
  • Experience using Argus Enterprise
  • Self‐motivated with perseverance, and a hands‐on, proactive style.
  • MBA from a top program preferred, but candidates with additional lending experience will be given similar consideration.

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

Note: 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 $135,000 to $150,000. 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.


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 Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  


About Prudential Financial

Prudential Financial is a financial services company that specializes in the fields of investment management, life insurance, and retirement benefits. It focuses on helping individuals and institutional customers to grow and protect their wealth. The company also offers an inclusive work environment where employees can develop to their full potential, and give back to the communities where they live and work. Prudential Financial was founded in 1875 and headquartered in Newark, New Jersey.

Prudential Financial Careers

Join the esteemed ranks of Prudential Financial, a global leader in financial services, where your career is nurtured, your innovation valued, and your professional growth guaranteed. Work You’ll Do At Prudential Financial, we are committed to helping individuals and businesses tackle their financial challenges with robust solutions. As part of our team, you will lead efforts to innovate and expand our services, ensuring that we remain at the forefront of the financial industry. Transform the financial landscape with your expertise and join a team where diversity, leadership, and personal growth are not just encouraged but actively fostered. With Prudential Financial, you position yourself at the nexus of finance and cutting-edge innovation. Collaborate with a global network of professionals, dedicated to steering clients through their financial journeys with precision and foresight. Our culture thrives on teamwork, leadership, and a shared commitment to excellence. Prudential Financial Job Opportunities We are actively hiring and have a variety of job opportunities designed to bring out the best in each employee. From entry-level positions to leadership roles, Prudential Financial offers a path for every ambitious professional eager to make an impact in the financial sector. Do Innovative Work Join our team of over 40,000 professionals worldwide, working together to reshape the future of finance. At Prudential Financial, your skills in networking, strategic thinking, and leadership will drive change and foster an environment of continuous innovation and growth. Internship Programs Kickstart your career with a Prudential Financial internship. Our programs offer invaluable industry insights and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark. Benefits and Culture Prudential Financial is not just about professional achievements but also about personal well-being. Our employees enjoy comprehensive benefits, including health, life, and disability insurance, retirement plans, and generous paid time off. More than just benefits, our company culture is built on mutual respect, inclusivity, and the collective pursuit of excellence. Future-Proof Your Career With Prudential Financial, career advancement is a reality. We provide extensive training and development programs, including leadership and diversity training, to ensure you are always ahead of the curve. Explore Discover how Prudential Financial leads the way in financial innovation and client service. Read more about our latest projects and the impact they have on our clients and the industry. Stay Connected Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players. Explore Prudential Financial jobs today and find where you fit in our dynamic team. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Prudential Financial.
Learn more about Prudential Financial
Size
88 employees
Market Cap
$36.2 billion
Industry
Net Income
-$374 million
Founded
1875
5 Year Trend
+3.8%
Revenue
$57 billion
NASDAQ

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