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2020 Fixed Income Portfolio Analysis Group Internship

Learn more about Prudential


2020 Fixed Income Portfolio Analysis Group Internship

Newark, NJ
  • Responsibilities

    Your Impact:

    Are you a rising junior looking to apply your business knowledge and make an impact within a dynamic, evolving organization? Or maybe you’re looking to gain foundational knowledge and skills to apply in a professional environment while developing strong relationships through training, mentorship, and ongoing feedback. At PGIM that’s a challenge we can help you meet as a member of our Fixed Income Internship Program (FIP).

    As a Fixed Income Portfolio Analysis intern, you will find yourself working side-by-side with a senior member of the Team group covering companies in related industry sectors. The Internship is a 10-week assignment designed to anchor to one of several analytically and quantitatively challenging areas within Fixed Income such as Portfolio Analysis, Quantitative Modeling, Risk Management, CLO Analysis, and Structured Product Research.

    As a Fixed Income intern, you will work in a collegial and supportive environment that promotes and rewards individual contributions, while placing equal importance on the results of the larger team. Interns within PGIM FI are encouraged to share their insights, skills, and diverse perspectives with a talented team working toward common goals. We place a high priority on maintaining an environment that develops, motivates, rewards, and retains employees.

    Job Responsibilities:

    • You will learn to build and utilize modeling tools, develop frontier investment technology, hone research techniques and develop data analytics practices across multiple disciplines
    • Collaborate with senior analysts, risk managers, and portfolio managers to analyze performance drivers, evaluate portfolio positioning and risk exposures, model benchmarks, and analyze technical market data
    • Gain exposure to a multitude of investment products and processes, including Portfolio Management, Fixed Income Trading Strategies, Economics, and Investment Strategy, Quantitative and Structuring Analysis, and Hedge Fund Management

    PGIM Fixed Income is a top global fixed income asset manager with $776 billion in assets under management (as of March 31, 2019). Our parent company is Prudential Financial, Inc. We are headquartered in Newark, NJ (U.S.) with affiliates in London, Tokyo, and Singapore. PGIM FI manages public fixed-income assets, which stands as PGIM’s largest asset class under management. These fixed-income assets include global government securities, mortgages, global investment-grade corporate and high yield bonds, asset-backed securities, bank loans, municipal bonds, emerging market securities, and a variety of interest rate and currency-related derivative instruments. PGIM FI has a consistently growing global client base and manages a variety of mandates across the full spectrum of strategies under the Fixed Income umbrella.

  • Qualifications
    • Bachelor’s Degree Required: Graduating in May/June 2021. Majors include Operations Research and Information/Financial Engineering, Mathematics, Statistics, Finance or Economics
    • Overall 3.3+ GPA is required
    • You have one relevant internship/externship experience in investment management or a related area
    • Knowledge of modeling packages, programming languages, and spreadsheet/database software, with Strong quantitative and technical aptitude
    • Ability to work well independently and seamlessly within a team environment
    • Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration

    Our Process:

    • Submit your application and digital introduction – Once you submit your application, you may be invited to complete a digital introduction, which is an opportunity for you to bring your story to life. You only need to complete one digital introduction once per recruiting season even if you apply for multiple early talent roles.
    • Participate in a digital first-round interview – You may be invited to complete a digital first-round interview, with 2 – 3 questions to showcase skills and experience relevant for the role.
    • Join us at Prudential for final round interviews – If selected, you’ll join us at Prudential for final round interviews, to learn more about our business, culture and the early talent opportunities available across our organization.

    For the 2020 early talent roles, our process is designed to help you learn more about Prudential and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of your team.


    We review applications on a rolling basis and we encourage you to apply as soon as you are ready. Our goal is to notify you of your status within 2 weeks after each application period concludes.

    Application Periods:

    • Period 1: July 15, 2019, to August 15, 2019
    • Period 2: August 15, 2019, to September 4, 2019
    • Period 3: September 4, 2019, to September 22, 2019

    All applications should be fully completed by September 22, 2019

    © 2019. Prudential Financial, Inc. Prudential is an equal opportunity employer (disability/veterans). EEO is the law.

  • Industry
    Financial Services
  • About Us

    This is one of the most exciting times in our history. We recently realigned our U.S. business strategy and launched company-wide initiatives to transform how we work and how we serve more than 30 million customers. We’re bringing a customer obsessed, fully inclusive, outcomes driven, risk smart and tech forward approach to everything we do. Across Prudential, you will have the opportunity to learn from talented professionals, work on exciting projects and make an impact.