PGIM: Director, Product Development (Hybrid/Newark, NJ)

* Collaborate with key stakeholders across distribution, product strategy, portfolio management, marketing, legal, tax, technology, business operations and compliance to bring alternatives strategies to market that continuously meet evolving client needs* Oversee and execute cross-functional activities spanning the product lifecycle including product design, development, approval, go-to-market preparedness, post-launch operational readiness, and related infrastructure build-out* Partner with the real estate investment teams, legal and tax counsel to define structuring for private and registered products (covering closed-end and open-end and evergreen structures)* Lead cross-functional activities related to the design and launch of new alternative investment products* Manage alternative product pipeline content and meet with internal stakeholders to communicate new product pipeline activities* Act as subject matter expert for the firm on the PGIM Real Estate’s commingled funds platform, key fund structuring concepts, distribution markets and channels, and the impact of local regulations; leverage knowledge to support innovation* Maintain technical expertise and understanding of regulatory, legal and tax frameworks, proactively considering the implications on new and existing products and responses to changing requirements* 8+ years of relevant experience required; experience preferably related to knowledge of asset management related to the real estate investment market and vehicle structures* Capacity to handle multiple projects simultaneously; strong execution and follow through skills in a fast-paced environment* Intellectually curious, goal-oriented individual, self-starter with a bias toward action and a commitment to work with integrity to deliver high quality results* Ability to manage ambiguity, solve complex problems, propose workable solutions and distill complex information into simple, clear, communication format* Strong analytical, problem-solving, highly organized with strong attention to detail.* Clear communication (written and verbal) with proven ability to easily collaborate with all levels of the organization* Ability to work independently and build partnerships across all levels of the organization* Proficiency in full Microsoft suite.* Experience launching new funds from start to finish* Self-starter, efficient and flexible to meet and work within time-sensitive deadlines* Excellent interpersonal skills, written and verbal skills, attention to detail* Ability to plan, prioritize and manage multiple complex initiatives at different levels of granularity* Team player; must be able to establish and maintain effective, cooperative working relationships with all departments and organizational levels**Note**: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from **$160,000 to $180,000.** Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.**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. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com.**Our Commitment to an Inclusive Workplace**Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.**Our Commitment to an Inclusive Workplace**Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential. #J-18808-Ljbffr