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PGIM Credit, Sr Associate, CMBS Research

Newark, NJ, USA💼 Full-time💰 $145,000–$155,000🗓 2026-09-11 → 2026-09-26

Core

Senior credit research analyst specializing in Commercial Mortgage-Backed Securities (CMBS) and digital infrastructure investments, supporting portfolio management with credit analysis, transaction underwriting, and relative value assessments.

Role type

Senior IC credit research analyst (securitized products)

Builds

Internal credit ratings, scenario models, and investment recommendations for CMBS and digital infrastructure portfolios

Domain

Fixed income / Commercial Real Estate Finance / Securitization

Deliverable

production ML models | product features | dashboards & analysis | research

Required skills

Fixed income mathematics, credit analysis, cash flow analysis, scenario modeling, transaction underwriting, commercial real estate fundamentals, securitization structures, Excel proficiency, large dataset management

Preferred skills

Python, Power BI, Tableau, Intex, Trepp, Bloomberg, Real Capital Analytics, digital infrastructure knowledge

Technologies

Python, Power BI, Tableau, Intex, Trepp, Bloomberg, Real Capital Analytics

Responsibilities

Analyze CMBS transactions across new issue and secondary markets; Develop and maintain internal credit views and relative value assessments; Build and maintain models and scenario analyses; Assign and maintain internal credit ratings; Review transaction documents and legal structures; Monitor portfolio holdings and market developments; Partner with portfolio managers to formulate investment recommendations

Seniority

Senior, hands-on IC

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