Find & Apply For Financial Quantitative Analyst Jobs in Newark, New Jersey

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R-125207

Job Classification:

Investment Management - Investments Director (PGIM Quantitative Solutions LLC, Newark, NJ): Design, maintain, and enhance portfolio optimization models to support equity investment strategies. Research and model transaction costs to improve implementation efficiency and portfolio outcomes. Collaborate closely with the trading desk to analyze executions, update cost models, and improve the trading process for client portfolios. Evaluate and incorporate academic and practitioner research into portfolio construction and optimization processes. Explore and integrate non-traditional methods of portfolio attribution. Work with portfolio managers and investment professionals to translate quantitative insights into actionable strategies. Communicate complex quantitative findings clearly to both technical and non-technical stakeholders. Contribute to the continuous improvement of investment processes through innovation and empirical research. Telecommuting permitted up to 2 days per week. Full time employment, Monday - Friday, 40 hours per week, $178,402.00 per year.

MINIMUM REQUIREMENTS

Bachelor's degree in Finance, Economics, Mathematics, Statistics, Computer Science, or a related field, and 5 years of progressive, post-baccalaureate related work experience. Alternatively, the employer will accept a Master's degree in Finance, Economics, Mathematics, Statistics, Computer Science, or a related field, and 3 years of related work experience. Must have 3 years of experience in each of the following:

• Python and toolkits: pandas, NumPy, amplpy, cvxpy, cvxopt, SciPy, matplotlib, seaborn, Plotly, scikit-learn, XGBoost, TensorFlow, PyTorch, NLTK, regex, Requests, BeautifulSoup, Selenium, SQLAlchemy, and PyMongo; and
• Hands-on experience working with regression, cross sectional analysis, time series modeling, optimization, text processing, multi-factor attribution using constrained regression to address collinearity of categorical factors, Brinson attribution, factor return calculations, and fundamental factor covariance matrix construction. Must have 3 years of experience in each of the following:
• Formulating portfolio optimization problems using solver packages AMPL and CVXPY for both point-in-time optimizations and back-testing for equity portfolios;
• Managing the analysis of large datasets; and
• Multi-factor equity models.

Must have 1 year of experience in utilization of constrained regression techniques to attribute portfolio performance to economically meaningful return drivers.

TO APPLY

Please click "Apply" Button. Should you have any difficulty in applying for this position through our website, please contact Ramona.wallace@prudential.com for assistance in the application process.

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). 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 Work Life Balance | Prudential Careers. 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. To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place. If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance. Career Site Privacy Notice © 2026 Workday, Inc. All rights reserved.