Paralegal, Pgim Real Estate Law

Prudential Newark , NJ 07101

Posted 1 week ago

Job Classification:

Corporate - Legal and Compliance

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!

Are you a legal professional in the investment management space that enjoys working in a collaborative environment?

PGIM Real Estate Law has an exciting opportunity to work in a dynamic global investment management business. PGIM Real Estate Law is seeking a Paralegal to join the Americas legal team supporting the PGIM Real Estate Equity business with responsibility for several Prudential subsidiaries, affiliates, and investment vehicles, both domestically and internationally. The position will also have responsibility for investment management, transactions, and special projects. This individual will report to the Manager, Paralegal.

PGIM Real Estate is the real estate investment business of PGIM, the global investment businesses of Prudential Financial, Inc. (NYSE: PRU), one of world's largest asset managers with $1.34 trillion in assets under management as of March 31, 2024. Redefining the real estate investing landscape since 1970, PGIM Real Estate has professionals in 32 cities in the Americas, Europe and Asia Pacific with deep local knowledge and expertise, and gross assets under management and administration of $206 billion (net $179 billion) as of March 31, 2024. PGIM Real Estate offers to its global client base a broad range of real estate equity, debt and securities investment strategies that span the risk/return spectrum.

PGIM Real Estate's Law department currently has 20 attorneys and 7 paralegals and is part of Prudential's Law, Compliance, Business Ethics and External Affairs department.

The duties of this position will include both long-term established tasks as well as short-term projects that arise from diverse requests for legal advice. The candidate must be able to learn the client's business, become familiar with numerous investment fund structures and their legal requirements, and otherwise become an integral part of the legal team supporting an active real estate investment management firm.

The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

The Paralegal will maintain corporate records, drafting meeting minutes and resolutions, oversee state annual report filings, and conduct other corporate and partnership housekeeping. While duties of this position will vary according to need, general responsibilities may include:

  • Corporate housekeeping for domestic and international subsidiaries as well as fund entities and single purpose entities.

  • The handling of information requests and other routine legal matters, i.e., audit letters and updates; Corporate Transparency Act compliance.

  • Monitoring PGIM RE Litigation mailbox for Service of Process.

  • Monitoring minor insured litigation and miscellaneous litigation.

  • Support for sales, acquisition, and financing transactions.

  • Outside counsel support.

  • Data entry and maintenance of various databases

What you'll need:

  • A minimum 3 -5 years of experience as a paralegal or similar experience, preferably in a corporate environment

  • Experience in corporate housekeeping including formation of investment entities such as LPs, LLCs, and corporations, drafting minutes and resolutions, annual maintenance of entities, and dissolution of entities

  • Solid understanding of Microsoft Word and Excel

  • Stellar analytical, drafting and proofreading skills

  • Ability to adhere to project deadlines while being flexible as necessary in response to changes and delays

  • Ability to work well with people at all levels of the organization, attorneys, investment professionals, outside counsel

It'd be a plus if you had:

  • College degree or paralegal certificate strongly preferred

  • Experience in corporate real estate transactions and related property management issues including litigation and bankruptcy experience

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

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

  • Retirement plans:

  • 401(k) plan with company match (up to 4%)

  • Company-funded pension plan

  • Wellness Programs to help you achieve your wellbeing goals, 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.

  • Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.

  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-Hybrid

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 $76,800.00 to $114,400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:

If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.


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