VP, Corporate Counsel, PGIM Retail & Alternative Funds (Hybrid)
Job Classification:Corporate - Legal and Compliance
The PGIM Investments Law Department is seeking an experienced asset management attorney to join a team of lawyers that supports PGIM Investments. PGIM Investments is an SEC registered investment adviser that offers investment strategies across global markets and is a business of PGIM. PGIM is the global asset management business of Prudential Financial, Inc., with more than $1.4 trillion in assets under management. PGIM Investments overseas four registered fund complexes, including the PGIM Retail Funds and the PGIM Alternative Funds. The PGIM Retail Funds include open-end funds, exchange-traded funds (ETFs) and closed-end funds. The PGIM Alternatives Funds is a newly formed alternative fund complex that will include a business development company (BDC) and an unlisted, tender offer fund. The PGIM Investments Law Department provides legal advice across a range of issues impacting PGIM Investment’s investment management business and works closely with colleagues across PGIM Investments, including compliance, operations, fund administration, marketing, product, and finance as well as colleagues across PGIM’s and Prudential’s law and compliance groups, fund counsels and trustee counsels. The attorney will primarily support the PGIM Retail and Alternatives Funds complexes, including serving as the primary senior legal contact for these two Boards, fund development, regulatory matters and supervising attorneys in the PGIM Investments Law Department.
Job responsibilities will include:
Managing and/or supervising the preparation and filing of mutual fund registration statements on Forms N-1A, N-2 and N-14, as well as other federal securities filings (such as tender offers, proxy statements and prospectus supplements) and interacting with SEC staff. Providing legal advice to internal business clients on investment company, investment advisory and regulatory issues in developing new funds and supporting existing funds. Drafting and reviewing Board materials, attending Board meetings and coordinating with senior management within PGIM Investments and PGIM relating to various matters. Advising and implementing new rules and regulatory developments. Providing legal support for responses to regulatory inquiries. Reviewing sales literature for the funds; providing legal support for responses to requests-for-proposal, due diligence requests and participate in diligence calls with intermediaries. Drafting and negotiating investment management agreements, vender agreements and other similar agreements for the funds or PGIM Investments. Supervising and managing members of the PGIM Investments Law Department. Coordinating regulatory matters across multiple global platforms. Assisting in special projects as needed.
The successful candidate will:
- Have at least ten years of legal experience in a law firm and/or in-house legal department.
- Have extensive and substantial experience with the Investment Company Act of 1940. Knowledge of BDCs, ETFs and other alternative funds helpful but not required.
- Have a J.D. degree, be admitted to practice law in New Jersey (or must be obtained within 12 months) or obtain the New Jersey In-House Counsel License within 18 months.
- Have strong analytical, drafting and negotiating skills.
- Be able to work well with people at all levels of the organization, as well as people outside of the organization.
Essential competencies include:
- Excellent judgment and the ability to give clear and timely legal advice that is supportive of business objectives.
- Conceptual thinking, analytical ability, and creative problem-solving skills.
- Strong written and oral communication skills.
- Flexibility and a willingness to adapt to fast-paced, changing needs of the organization and business clients.
- Strong work ethic, and high professional and ethical standards.
- Ability to work well in an environment where coordination and teamwork with legal and business associates is a top priority.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit [Register to View] to learn more about our values, our history and our brand.
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.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
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