Prudential Financial

Senior Investment Associate - Asset Based Finance

Prudential Financial$140K — $155K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Accounting, or related field; MBA or CFA progress is a plus
  • 4+ years of relevant experience in private credit or investment banking
  • Strong credit underwriting skills with experience analyzing corporate borrowers
  • Demonstrated experience in financial modeling and scenario analysis
  • Familiarity with private credit and asset-based finance transactions
  • Excellent written and verbal communication skills
  • High level of intellectual curiosity and strong analytical mindset

Responsibilities

  • Perform detailed credit analysis of borrowers and transaction structures
  • Build and maintain financial models and cash flow analyses
  • Conduct market research to support investment decisions
  • Assist in developing investment theses and recommendations
  • Help structure private credit transactions
  • Coordinate execution workstreams across stakeholders
  • Prepare investment memoranda and presentation decks

Benefits

  • Market competitive base salaries with yearly bonus potential
  • Comprehensive medical, dental, and vision insurance
  • 401(k) plan with company match and a pension plan
  • Wellness reimbursement program
  • Work/Life Resources for personal support
  • Education benefits for traditional and certification programs
  • Employee Stock Purchase Plan at discounted rates
Full Job Description

Job Classification:

Investment Management - Investments

What you will do

We are seeking a highly motivated Senior Investment Associate to join our Asset Based Finance (ABF) investment team. The Associate will support senior investment professionals across the origination, underwriting, structuring, execution, and portfolio management of private credit investments. This individual will work closely with deal leaders to evaluate opportunities, conduct credit analysis, structure transactions, coordinate execution processes, and present investment recommendations to internal and external stakeholders.

This position follows a hybrid work model, with working 3 days in the Newark, NJofficeand 2 days remote.

What you can expect

  • Perform detailed credit analysis of borrowers, collateral pools, transaction structures, and counterparties.
  • Build and/or maintain financial models, cash flow analyses, stress scenarios, and sensitivity analyses.
  • Conduct industry and market research to support investment decisions.
  • Assist in developing investment theses and recommendations.
  • Support deal leaders in structuring private credit and asset-based finance transactions.
  • Coordinate execution workstreams across internal and external stakeholders.
  • Manage transaction timelines, deliverables, and closing processes to ensure efficient execution.
  • Prepare investment memoranda, underwriting materials, and presentation decks for internal approval processes.
  • Present transaction analyses and recommendations to investment committees and senior management.

What you will bring

  • Bachelors degree in Finance, Economics, Accounting, or related field; advanced degree (MBA) or progress toward CFA is a plus
  • 4+ years of relevant experience in private credit, leveraged finance, structured credit, investment banking, or related investing roles
  • Strong credit underwriting skills with experience analyzing corporate borrowers, structured transactions, and/or asset-backed portfolios
  • Demonstrated experience building and interpreting financial models, including cash flow analysis, scenario modeling, and downside stress cases
  • Familiarity with private credit transaction structures and documentation; exposure to asset-based finance or securitized products is a plus
  • Ability to evaluate complex deal structures, collateral pools, and legal frameworks with attention to detail
  • Ability to manage multiple transactions and deadlines in a fast-paced environment
  • Excellent written and verbal communication skills
  • High level of intellectual curiosity, strong analytical mindset, and proactive problem-solving approach
  • Collaborative team player with the ability to work effectively across internal teams and external partners

*PGIM welcomes all applicants, even if youdontmeet every requirement. If your skills align with the role, we encourage you to apply.

Prudential is required bystate specificlaws to include the salary range for this role when hiring a resident in applicable locations. The annual base salary range for this role is from $140,000 to $155,000.Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also eligible foradditional

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.

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 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 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.

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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