Corporate Development Associate
Job Classification:Finance & Accounting - Finance & Accounting
Prudential Financial, Inc. 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. For more information, please visit www.prudential.com.
The Corporate Development Group for Prudential Financial Inc., reporting directly to Prudential's Chief Financial Officer, is responsible for all acquisition and divestiture activities across Prudential's businesses, both in the United States and abroad. Since its inception in the late 1990's, the group has closed more than 100 transactions with aggregate value in excess of $25 billion. The group is also responsible for sourcing acquisitions as well as developing select strategic analyses in support of executive leadership.
The Investment Banking Associate is a transaction-based position with a significant amount of exposure to international activities.
- Execution and administration of transaction processes
- Evaluation of potential acquisition and divestiture targets
- Modeling pro forma scenarios associated with potential acquisitions and divestitures, including cash flow and return analysis
- Production of concise communications for senior management
- Engagement with business partners across the organization including Finance, Tax and Accounting
- Coordination of cross functional due diligence
- Other select strategic analyses
- Bachelor's Degree required; MBA preferred
- Two or more years of transaction-related experience, including a significant amount of M&A transactions, preferably at an investment bank
- Strong financial modeling skills
- Team player with strong project management skills
- Excellent verbal and written communication skills
- Experience with the various legal, tax and other issues common to transactions
- Financial institutions industry experience is a plus, but is not required
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 $90,000 to $110,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.
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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