Operations Associate Visa Sponsorship Jobs in New Jersey
Operations associate visa sponsorship jobs in New Jersey are concentrated across the state's pharmaceutical corridor in Morris and Somerset counties, logistics hubs near Newark and Elizabeth, and financial services firms in Jersey City. Major employers including Johnson & Johnson, Cognizant, and Prudential Financial have active sponsorship histories for operations roles requiring analytical and process management skills.
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Job Classification:
Investment Management - Investment Operations
A GLOBAL FIRM 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.
What you will do
In this role, you'll play a key part in supporting PGIM's Alternative Investment Operations platform. The Associate will be responsible for the support of all settlement activities as they relate to USD Bank Loans as well as assist where needed with any non-USD bank loans. This includes data integrity, trade communications/settlements. The role requires extensive collaboration with Portfolio Management, Deal Teams, Legal, Compliance, Counterparties, Custodians, Trustees, and Agent Banks to ensure the accurate and timely execution of transactions and ongoing portfolio support.
Our Operations team is a dynamic group that collaborates with all areas of Prudential; in turn creating a myriad of learning opportunities and a collaborative culture. Operations span all of our products and markets while we serve as an internal business partner to aid in processes and controls; as well as help improve our systems that deliver accuracy, efficiency, and the overall integrity to our business.
The Associate will be responsible for the support of all settlement activities as they relate to USD Bank Loans as well as assist where needed with any non-USD bank loans. This includes data integrity, trade communications/settlements, and requires frequent communication with Trustee’s, Agent Banks, Legal, Compliance and Portfolio Management.
This position is based in our office in Newark, NJ and will follow a hybrid schedule. Our organization follows a hybrid work structure (3 days in office) where employees can work remotely and/from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.
What you can expect
- Join a global operations team by working with staff located in Newark, London, and Ireland.
- Having an extensive knowledge of Bank Loan products.
- Support all settlement activities as they relate to US (LSTA) and Non-USD (LMA) Bank Loan settlements.
- Candidate will be responsible for coordinating with trade counterparties/borrower to receive, review loan trade documentation, and facilitate the KYC/Onboarding of any new accounts.
- Help staff solve problems and incorporate new processes to mitigate risks.
- Keeping abreast of industry initiatives and market trends that can impact on our business model and/or offer opportunities to improve our processes.
- Researching and resolving security data discrepancies.
- Assuming ownership for any operational issues that are raised and providing resolution in a manner that considers the impact to other operational areas.
- Anticipating issues that may adversely affect the operational support of the Bank Loan product and take action to reduce the risk of occurrences.
- Proactively communicating issues with relevant business partners.
- Proactively seeking ways to improve current processes by leveraging the tools available to identify inefficiencies.
- Cultivating both internal and external relationships to ensure proper service levels are achieved.
- Candidates will interact with people in different groups and across various levels both internally and externally to resolve problems.
- Ability to take the lead and manage large scale strategic initiatives. This should include collaboration with vendors and internal technology teams.
What you will bring
- Degree in Economics, Finance or Business preferred.
- Previous exposure to Aladdin, Wall Street Office, and S & P suites of applications is a plus.
- Strong knowledge of Bank Loan products. (5-7+ yrs).
- Candidate will have minimum of 5-7 years’ experience closing par loans, including: the draft and review of all forms of loan trading documentation. Familiarity with Par/Near Par loan trading market convention. [Familiarity with Distressed loan trading convention a plus].
- Experience with ClearPar loan closing system.
- Ability to read and interpret credit agreements.
- Strong presentation, written communication, and interpersonal skills with exposure to all levels of management.
- Superior analytical skills, accuracy and careful attention to detail are crucial.
- Ability to organize, prioritize tasks and work in a deadline-oriented environment.
- Energetic person who brings positivity, geniality, and optimism to work.
- Critical thinking and problem-solving experience required.
- Outstanding academic achievement, extracurricular involvement, work experience and demonstrated leadership qualities.
- Willingness and desire to learn and teach others.
- Proven ability to develop and cultivate relationships across all staff levels.
- Strong analytical and problem-solving skills.
- Self-motivation and ability to work within a team environment.
- Has an entrepreneurial spirit that is willing to take on additional responsibility.
- Strong written and verbal communication skills.
- Enjoys a fast-paced, high-intensity environment.
PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
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 $115,000 to $135,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
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.
Operations Associate Job Roles in New Jersey
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Search Operations Associate Jobs in New JerseyOperations Associate Jobs in New Jersey: Frequently Asked Questions
Which companies sponsor visas for operations associates in New Jersey?
New Jersey's major sponsoring employers for operations associate roles include Johnson & Johnson, Cognizant, Prudential Financial, Merck, and Conduent. Life sciences and pharmaceutical companies along the Route 1 corridor sponsor heavily for operations talent. Financial services firms in Jersey City, including those supporting Wall Street operations, also file regularly for operations associates with process improvement and data coordination backgrounds.
Which visa types realistically fit operations associate roles in New Jersey?
Operations associate roles that require a bachelor's degree in a directly related field can qualify as a specialty occupation under the H-1B visa, subject to the annual cap and selection process. F-1 students may work under OPT for 12 months post-graduation. If the role involves a STEM-designated degree, a 24-month STEM OPT extension may apply. Employer-sponsored EB-2 or EB-3 green cards are also a path for longer-term candidates. TN visa does not cover this role.
Which cities in New Jersey have the most operations associate sponsorship jobs?
Jersey City and Newark lead for operations associate sponsorship volume, driven by financial services back-office operations and logistics firms near Port Newark. Parsippany, Bridgewater, and Florham Park see strong sponsorship from pharmaceutical and technology companies along the Route 10 and Route 202 corridors. Princeton and New Brunswick also generate demand from biotech and university-affiliated research operations employers.
How to find operations associate visa sponsorship jobs in New Jersey?
Migrate Mate lists New Jersey employers with verified sponsorship histories for operations associate roles, letting you search by city and filter for companies that have actively filed for similar positions. This is more reliable than applying broadly, since sponsorship history is a strong indicator of employer willingness. Focus your search on pharmaceutical, financial services, and logistics employers, which represent the highest concentration of sponsored operations roles in New Jersey.
Are there state-specific factors that affect operations associate sponsorship in New Jersey?
New Jersey's dense pharmaceutical and life sciences sector along the I-287 corridor creates consistent demand for operations associates with supply chain, clinical, or regulatory operations backgrounds. The state's proximity to New York City means many Jersey City employers sponsor for operations roles supporting financial services infrastructure. Rutgers University and NJIT also generate F-1 talent pipelines that feed directly into local operations roles, making OPT and STEM OPT common starting points before employer-sponsored petitions.
What is the prevailing wage for sponsored operations associate jobs in New Jersey?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.