PGIM Private Capital: Treasury Analyst (Hybrid)

Prudential Financial

  • Chicago, IL North Riverside, IL
  • Permanent
  • Full-time
  • 1 month ago
Job Classification: Investment Management - Investment OperationsA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTUREAs the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.At PGIM, You Can!What You Will DoThe PGIM Private Capital Fund Operations team is seeking a Treasury Analyst specific to the Direct Lending product.The Direct Lending strategy within PGIM Private Capital is responsible for originating, underwriting, and managing a portfolio of privately placed leveraged loans for middle market issuers ($10–100 million of EBITDA). The strategy spans multiple fund structures—including limited partnerships, parallel funds, separately managed accounts, and structured vehicles such as CLOs—and continues to evolve in response to growing transaction flow and investor demand.The Treasury Analyst will play a high-impact role in supporting the execution and oversight of these fund structures. This includes managing liquidity across entities, coordinating leverage facility activity, and contributing to the operational readiness of new investment vehicles. The role offers exposure to a broad range of treasury and fund operations functions, with opportunities to collaborate across investment, legal, compliance, and finance teams in Chicago, Newark, and Ireland.What you can ExpectProvide cash management support through cash analyses for deal fundings, subscription and leverage line borrowings/repayments, and capital call needs across various fund entitiesExecute cash settlements for expense invoices, forward contract settlements, and transfers between entities to position cash for deal fundingsSupport the management of multiple middle market direct lending debt facilities (subscription line, asset-backed / leverage lines, corporate revolvers, and CLOs) with thorough understanding of the related documentation and deliverablesPrepare, maintain, and submit all schedules / reports required under credit agreementsMonitor compliance to debt covenants / restrictions / thresholds for multiple debt facilitiesContribute to monitoring deal pipeline activity, deal funding / liquidity forecasts, and allocationsCoordinate foreign currency hedging transactions, reconcile transactions and outstanding forward contracts with hedge counterpartiesSupport the loan rating process with various rating agencies and maintain databaseCommunicate with internal and external stakeholdersProvide support to the Fund Operations team in periods of peak demand and ad hoc projectsJoin a global operations team by working with staff located in Chicago, Newark, and IrelandWhat you will Bring2 to 4 years of accounting, audit, fund administration or operations experience in financial servicesExperience in a Treasury role (private credit firm preferred), custodian bank, administrative agent, cash and/or debt facility management or within underwriting fund debt facilities at a bank is a plusStrong Excel modeling & analysis skills, Wall Street Office, Sentry, Allvue (fka Black Mountain), and Kyriba systems a plusAbility to convey sense of urgency and to work productively with both internal and external business partners (Prudential Enterprise, investment professionals, banking partners, etc.)Strong organizational skills including the ability to adapt to changing circumstances and adjust priorities as neededSuperior analytical skills, accuracy and careful attention to detail are essentialCritical thinking and problem-solving experience requiredPGIM Private Capital:At PGIM Private Capital, expertise, analysis, and experience drive everything we do. We strategically target select global markets to offer unique deal flow to investors and prospective issuers. Our team is comprised of bright, focused professionals who collaborate at all levels to manage originations and a private debt portfolio across investment grade, high yield and mezzanine investments. We invest in the potential of our employees by offering them large-scope, small-team emphasis on collaboration, and commitment to a healthy balance between a professional and personal life. We challenge you as an individual so you can make real contributions while you grow your capabilities.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), 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.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.If you need an accommodation to complete the application process, please email .If you are experiencing a technical issue with your application or an assessment, please email to request assistance.

Prudential Financial