Vice President, (Buy-Side) Fixed Income Account Management Job Listing at Prudential in newark, NJ
Prudential Investment Management Fixed Income
Prudential Fixed Income (PFI) is one of the largest fixed income managers in the US with over $327 billion in assets under management for institutional, retail, and affiliated insurance company clients worldwide. PIM-Fixed Income and its predecessor business units have managed US fixed income accounts for institutional clients since 1928.
The Institutional Account Manager is the central point of contact for the firm's institutional clients. It requires someone with the ability to understand all aspects of the client's accounts, including but not limited to legal, operational, compliance, and general investment product related issues. This role is part of a team of Client Service Associates. As a central point of contact, the Institutional Account Manager will be responsible to resolve or oversee the resolution of any inquiries from clients and respective client consultants. The focus of the position are large Institutional clients.
Face to Face Client Interaction-The Account Manager will be responsible for positioning and communicating the capabilities of the Fixed Income organization to clients. Incumbent will also provide client and market color for the Firm's product development efforts. The individual will work closely with the portfolio management and research teams. Incumbent will also be required to provide clients via video or teleconference updates on a monthly or quarterly basis. These updates will include investment strategy, risk profile, performance, and other critical components of the fixed income investment process. The Account Manager will be expected to cover these topics independently without Portfolio Management resources.
The Account Manager will also be expected to attend the face to face client portfolio reviews which typically happen bi-annually. The face to face meetings for the smaller accounts will be covered by the Account Manager exclusively. Meetings with larger, more sophisticated accounts incumbent would attend with the Portfolio Manager.
The individual shall also assist the sales team in cross sell efforts. The Account Manager shall be supported by the Analysts on the Account Management team with respect to ongoing reporting or administrative day to day tasks.
Portfolio Manager Support- The Account Manager sits on the trading desk and while in the office will deal with Portfolio Managers daily. The Account Manager shall attempt to minimize the PM's role in Client Service to the extent possible and shall ensure that there is no PM involvement with clients whose revenue stream and growth opportunity do not support that resource. It will be critical for the Account Manager to keep up to date on the investment strategies, thus a strong relationship with the Portfolio Managers is a requirement of the position.
The Account manager is required to attend all Investment Team meetings to ensure they are current on the key investment strategies. The Account Manager will also be a product resource for more junior members of the team.
Team Building- The Account Manager is part of the Client Service team and while incumbent will not have direct staff, incumbent will have matrix responsibility over other associates on the team. Here incumbent is expected to give direction as appropriate and mentor. The Account Manager is also expected to have good relationships with all key areas in the Firm.
The Account Manager will report to the Head of Account Management, and may backup or act as his proxy on client or business related matters.
Apply on Company Website
Get alerts for jobs like this:
Get jobs like this tweeted to you:Business/Mgmt. jobs in Newark, NJ
View similar jobs:
Senior Project Manager
Kelly Services - Raritan, NJ
Store Management NY Staten Island
CVS Caremark - Staten Island, NY
Compliance Operations -Project Manager
Belcan - Wayne, NJ
Locate this job: