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Product Development Associate – PGIM Location: London, England, United Kingdom (Hybrid) Seniority level: Mid‑Senior level Employment type: Part‑time About PGIM PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.39 trillion in assets under management as of March 31 2025. With offices in 18 countries, PGIM offers a range of investment solutions for retail and institutional investors across public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. The Role We are seeking an individual to join our Product Development team in London. The role focuses on the product development lifecycle, creating, structuring, and delivering innovative investment strategies for global investors, primarily targeting the Wealth channel in the EMEA region. Responsibilities include managing product lifecycle phases (fund launches, mergers, in‑kind transfers, liquidations, and product changes), driving product improvement initiatives, and coordinating with legal, marketing, compliance, operations, and investment teams. Strong project management, detail orientation, and independent work are essential. What You Can Expect Support the lead Product Developers for UCITS, QIFs and non‑US Wealth products for a variety of initiatives. Support Distribution teams across PGIM in their fundraising efforts and resolve day‑to‑day product‑related issues. Assist in all aspects of the product lifecycle, including project management support for fund launches, mergers, in‑kind transfers, liquidations and product changes. Drive product improvement initiatives, including changes to workflows, database maintenance, adaptation to new regulatory challenges, policy updates, vendor changes, and operational and strategic changes. Maintain the product development and launch pipeline and other product support tools on TEAMS and SharePoint. Lead on the coordination and review of fund rebates, record keeping, share‑class launches and closures procedures and general fund operational queries. Support review of legal, marketing, RFP and other documentation from a commercial perspective, escalating any questions or issues as required. Longer term, develop the necessary leadership and project management skills to lead implementation of product initiatives or related key aspects. Be supported by the team to ensure excellent levels of client service are achieved. What You Will Bring Minimum 4 years of relevant experience in product, business development, client management or operations within the asset or wealth management, consulting or investment banking industry. Capacity to handle multiple projects simultaneously; strong execution and follow‑through skills in a fast‑paced environment. Intellectually curious, goal‑oriented, self‑starter with a growth mindset and a bias toward action and a commitment to work with integrity to deliver high‑quality results. Strong analytical, problem‑solving and organizational skills with attention to detail. Willingness to take on personal accountability and enjoy problem solving. Clear communication (written and verbal), excellent interpersonal skills, and proven ability to collaborate in a team environment across all levels of the organization. Ability to work independently and build partnerships across functions. Proficiency in the full Microsoft suite. Undergraduate degree required. What Will Set You Apart Specific experience with European structures (AIF, UCITS and semi‑liquid vehicles) or transferable skills such as ETFs or Collective Investment Trusts. Understanding of the asset‑management industry, investment products, and the role of key support functions. Being in the process of pursuing technical training, continuing education, and/or advanced designations. Strong project management (or desire to learn) and communication skills. Experience working with colleagues across various locations and time zones. Genuine interest in the European regulatory landscape impacting the asset‑management and fund industry, including ESG. Personable with a strong work ethic. Knowledge of Power BI. Equal Opportunity Employment 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, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition, or any other characteristic protected by law. #J-18808-Ljbffr
