An international financial services company is hiring a Servicing Specialist (Graduate Role) for a 12-month contract based in Letterkenny, Ireland. This position entails servicing and managing commercial loans, communicating with stakeholders, and leading special projects. Ideal candidates are pursuing a Finance Degree or a relevant field and possess strong analytical and financial service skills. The role offers comprehensive benefits including health insurance, an annual bonus programme, and education assistance. #J-18808-Ljbffr
Servicing Specialist (Graduate Role) 12-month FTC Location: Letterkenny, Ireland Overview This role is based in Letterkenny and is a 12‑month graduate contract. PGIM is the diversified asset management business of Prudential Financial, Inc. With $1.4 trillion in assets under management and 38 offices spanning 16 countries, PGIM is among the world’s top 10 largest asset managers. PGIM Ireland is seeking to hire an International Servicing Specialist Graduate for PGIM Real Estate Loan Services. Responsibilities include servicing and asset management of commercial loans originated by PGIM Real Estate outside of the United States. Working hours are Monday to Friday, with flexibility during peak periods. Hours are subject to change in line with role requirements. Responsibilities Servicing/Cash Management – calculation of debt service, delivery of billing letters, remittance reports and application of waterfall structures. Surveillance – review of compliance certificates, calculations to confirm covenant adherence, review and analysis of property monitoring reports. Banking Administration – managing multiple international bank and borrower relationships. Treasury – cash movements. Proactively communicate issues to relevant stakeholders. Collaborate with multiple areas of PGIM Real Estate to ensure the highest level of service. Anticipate issues that may adversely affect portfolio performance and take action to reduce risks. Lead and manage special projects as assigned, and propose and drive process enhancements and automation. Cultivate both internal and external relationships to ensure proper service levels are achieved for each portfolio function. Review policies and procedures and ensure consistency across regions. Qualifications Candidates pursuing a Finance Degree (or Accounting, Business Studies, Economics, Real Estate). Other disciplines are considered if relevant skillsets can be demonstrated. Skills & Experience Strong financial services acumen. Ability to manage multiple responsibilities under challenging time frames. Strong organizational, analytical, and problem‑solving skills. Strong interpersonal skills with ability to work collaboratively with various counterparts. Self‑motivated, proactive, detail‑oriented, highly organized, and exceptional time‑management. Working knowledge/experience of financial statements, commercial loans, or other finance‑related areas (beneficial). Strong Microsoft Excel skills; Power BI knowledge is a plus. Proven ability to analyze data and the underlying drivers of results (plus). Excellent oral and written communication skills. PGIM welcomes all applicants. If your skills align with the role, we encourage you to apply. Benefits Health Insurance – partnered with Laya and BUPA to provide schemes covering daily medical and hospital expenses. Annual Leave – 23 days at full pay, increasing with service. Pension Scheme – eligible members can contribute up to 8% of salary per annum; PGIM Ireland matches contributions up to 8%. Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility) – tax‑free. Life Assurance – fully paid by PGIM Ireland from start date; beneficiaries receive a lump sum of four times an employee’s salary. Education Assistance – programme reimbursing eligible employees for furthering their education. Equality, Diversity and Inclusion PGIM Ireland is a proud equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveller community. All appointments will be made on merit. Any offer of employment is contingent upon satisfactory references and background checks. #J-18808-Ljbffr
Overview Based in Letterkenny – hybrid 2-3 days in office per week. A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can! What You Will Do This role will be based within the Finance team of the Shared Services Centre, reporting to the Financial Controller. The role holder will be responsible for the general accounting on a day-to-day basis e.g. UK GAAP, IFRS, US GAAP reporting for certain legal entities. They will also be responsible for updating, reviewing, and reconciling the general ledger and the review and analysis of the results of those entities. The role holder will ensure that intercompany and third-party invoicing is completed in a timely manner and monitor the collection of receipts. The role holder is also responsible for the preparation of the annual statutory accounts and will be a key participant in the annual audit process and assist with internal audit related matters for those entities as needed. They will also assist with the timely preparation of board reporting, ensuring that the data is complete, accurate and clearly analysed for the readers of the reports. The role holder will assist with the development of accounting policies, procedures and guidance and will help ensure the overall control framework is maintained. What You Will Bring Degree in a relevant field A professional accounting qualification or part qualified. Experience of reporting under UK GAAP, IFRS, including knowledge of IFRS16, IFRS 15 and IFRS 9 and simplified IFRS. Experience of reporting under US GAAP and knowledge of the differences between US and IFRS GAAP is desirable. Experience of preparing Financial Statements under IFRS, FRS101 and FRS 102, including interpretation and implementation of new standards and consolidation of accounts. Experience of implementing and maintaining a control framework, including documentation of controls. Experience of external and internal audits, including interim and final audit participation and liaising with internal and external stakeholders, to ensure the timely and successful completion of the audits. Able to analyse data and challenge inconsistencies to ensure data is robust and variances are understood and explained. Good communicator, able to explain technical accounting issues clearly both verbally and in writing. Experience of drafting financial statements and comfortable writing technical memos. Task orientated and comfortable challenging inconsistencies to ensure data is fully understood. Skilled in office technology – Excel, PowerPoint, Word etc. Excellent Excel skills, good PowerPoint, and Word experience. PGIM welcomes all applicants, even if you don\'t meet every requirement. If your skills align with the role, we encourage you to apply. What We Offer You Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses. Annual Leave of 23 days at full pay. Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme. Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free. Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary. Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education. About PGIM – Global Asset Management PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.34 trillion in assets under management as of March 31st, 2024. 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. With a history dating back 148 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us. For more information about PGIM, visit PGIM.com. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Our Commitment to Diversity, Equity, and Inclusion PGIM has a long-held commitment to advancing diversity, equity and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries. PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit. Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland. PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority. #J-18808-Ljbffr
