VP, Operational Risk Management, Emerging Markets

Job Classification:

Corporate - Risk

We are seeking a Vice President, Operational Risk Management to join the Emerging Markets regional risk and compliance team. This position, which reports to the Chief Compliance and Risk Officer for Emerging Markets, is primarily responsible for driving strategic risk management initiatives as well as providing second line operational risk advisory support and coverage for Prudential’s international insurance businesses across Emerging Markets.  

Core Responsibilities: 

Risk’s mission is to enable intelligent management decisions to help drive exceptional business, customer, and financial outcomes over the long term. As the second line of defense to the business, this position is responsible for providing strong leadership and direction in developing and maintaining an effective and efficient operational risk management program and fostering an intelligent risk taking culture. This includes providing risk guidance/expertise, assistance and advisory support to business leaders on managing operational risks in accordance with the Company’s ORM framework; ensuring that operational risks are properly identified, assessed, monitored, controlled and reported; collaborating as a trusted advisor with key business and functional stakeholders to resolve complex risk issues; fostering proactive risk management aimed at achieving successful business outcomes.  

This position requires strong leadership and influence, sound judgment, project/process management and technical acumen. This position also provides a tremendous opportunity to interact with senior management and business leadership as well as Audit, Law, Compliance and Risk Management counterparts across the company.

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'll do: 

• Promote and build a robust risk management culture through strong engagement and relationships with Emerging Markets business leadership and local risk teams. 

• Provide Emerging Markets business leadership with proactive operational risk advisory support, assessments and partnership on core business activities and strategic/new business initiatives, including new distribution methods, products and partnerships. 

• Lead the execution of regional operational risk management strategic initiatives and projects across the Emerging Markets region. 

• Apply sound judgment and effective challenge in the evaluation of risks and controls, including communication and escalation. 

• Engage on challenging, sensitive, and/or urgent risk issues, including providing guidance, facilitating after-action reviews and advising on the development and implementation of action plans to enhance controls. 

• Advise local risk management teams across Prudential’s wholly owned businesses in Emerging Markets on best practices in operationalizing and executing Prudential’s ORM framework, governance and require