Senior Investment Associate - Asset Based Finance

About the Role We are seeking a highly motivated Senior Investment Associate to join our Asset-Based Finance (ABF) investment team. The Associate will support senior investment professionals across the origination, underwriting, structuring, execution, and portfolio management of private credit investments. Key Responsibilities Support senior investment professionals in private credit and asset-based finance investments across origination, underwriting, structuring, execution, and portfolio management. Conduct detailed credit analysis of borrowers, collateral pools, transaction structures, and counterparties. Build and maintain financial models, cash‑flow analyses, stress scenarios, and sensitivity analyses. Conduct industry and market research to support investment decisions and develop investment theses and recommendations. Assist in structuring private credit and asset‑based finance transactions and coordinate execution work streams with internal and external stakeholders. Manage transaction timelines, deliverables, and closing processes to ensure efficient execution. Prepare investment memoranda, underwriting materials, and presentation decks for internal approval processes and present transaction analyses and recommendations to investment committees and senior management. What You Will Bring Bachelor’s degree in Finance, Economics, Accounting, or related field; advanced degree (MBA) or progress toward CFA is a plus. 4+ years of relevant experience in private credit, leveraged finance, structured credit, investment banking, or related investing roles. Strong credit underwriting skills with experience analyzing corporate borrowers, structured transactions, and/or asset-backed portfolios. Demonstrated experience building and interpreting financial models, including cash‑flow analysis, scenario modeling, and downside stress cases. Familiarity with private credit transaction structures and documentation; exposure to asset-based finance or securitized products is a plus. Ability to evaluate complex deal structures, collateral pools, and legal frameworks with attention to detail. Ability to manage multiple transactions and deadlines in a fast-paced environment. Excellent written and verbal communication skills. High level of intellectual curiosity, strong analytical mindset, and proactive problem-solving approach. Collaborative team player with the ability to work effectively across internal teams and external partners. Compensation and Benefits Annual base salary range: $140,000 to $155,000 (eligible for additional compensation). Eligible to participate in discretionary annual incentive program subject to program rules. Benefits: medical, dental, vision, life insurance, disability insurance, PTO, parental and military leave, 401(k) plan with company match (up to 4%), company-funded pension plan, wellness programs up to $1,600 per year, work/life resources, education benefit, employee stock purchase plan, and more. Work Model Hybrid work model: 3 days in the Newark, NJ office and 2 days remote. Equal Opportunity Employer Prudential Financial, Inc. 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. If you need an accommodation to complete the application process, please email View email address on click.appcast.io. #J-18808-Ljbffr