Senior Director, Institutional RE | PGIM Product Development ( Hybrid / Newark, NJ)

Job Classification: Product Management - Product Management 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.   At PGIM, You Can!

We are seeking a Senior Director to join PGIM’s Product Development team. The team manages the product development lifecycle and plays a critical role in creating, structuring, obtaining approval for and launching investment strategies across public and private markets for institutional, retail, insurance and private wealth investors. This role will serve as a senior product lead for institutional real estate initiatives, with primary focus on developing, structuring and launching private real estate investment solutions. The individual will translate investment capabilities, client demand, market opportunity, legal/tax considerations and commercial priorities into scalable, executable products. The Senior Director will play a key role in driving the growth of PGIM’s alternatives efforts globally by bringing deep expertise in investment vehicle structures, institutional investor needs and the ability to design competitive alternatives products. This person will partner cross-functionally with investment, distribution, product strategy, marketing, legal, tax, compliance, operations and senior leadership stakeholders. Strong analytical skills, asset management experience, fund-structuring judgment, executive communication skills and the ability to independently drive complex product-related initiatives are essential. Leadership with humility, sound judgment, detail-orientation, clear communication and teamwork will be critical to success in this role. This position reports to the Head of Institutional Product Development and will be part of the broader Newark-based Product Development team, while collaborating closely with PGIM Real Estate colleagues globally. This role offers the opportunity to lead product initiatives across the breadth of PGIM’s real estate and alternatives platform. This is a senior individual-contributor role requiring the ability to lead workstreams, create structure around ambiguous product opportunities, drive decisions and provide senior-level guidance across cross-functional project teams. What you can expect   Collaborate with key stakeholders across distribution, product strategy, portfolio management, marketing, legal, tax, technology, business operations and compliance to bring innovative real estate investment products to market Oversee and lead execution of cross-functional activities spanning the product lifecycle including product design, development, approval, go-to-market preparedness, post-launch operational readiness, and related infrastructure build-out Partner with investment teams, legal and tax counsel to define product structures, vehicle options, fund terms, investor access points, liquidity mechanics and implementation requirements Prepare decision-ready materials for senior leadership and governance committees, including product concepts, business cases, launch recommendations, and implementation plans Identify and help resolve key product risks and constraints, including legal, tax, regulatory, operational, liquidity, valuation, governance and distribution considerations